121 NE 5th ST # 1701, Miami FL 33132 | Miami-Dade County | A12000476
  • $929,000

Description

Rare 2 Bed / 2 Bath corner residence at 501 First Residences, one of only two southeast-facing corner units in the building, offering some of the most desirable views of Biscayne Bay and the Downtown skyline.

Located on the 21st floor, this unit features floor-to-ceiling impact windows, an open layout, Italian kitchen cabinetry, premium appliances, in-unit washer/dryer, and a spacious balcony.

No rental restrictions—Airbnb allowed from day one. Delivered fully furnished and move-in ready. Enjoy 20,000+ SF of amenities including rooftop pool, fitness center, spa, co-working spaces, and valet.

Prime Downtown location near Brickell, Miami Worldcenter, and Brightline, ideal as a primary residence, second home, or income-producing investment.

Property Overview

This 2-bedroom, 2-bathroom corner unit is located on the 21st floor of 501 First Residences and is one of only two southeast-facing residences in the building. The home features floor-to-ceiling impact windows, an open layout, Italian kitchen cabinetry, premium appliances, and a washer/dryer in unit. The balcony offers a spacious outdoor area with views of Biscayne Bay and the Miami skyline. The property is being delivered fully furnished and move-in ready. Residents enjoy 20,000+ square feet of amenities, including a rooftop pool, fitness center, spa, co-working spaces, and valet services. The unit has no rental restrictions and allows Airbnb use from day one. Located in the heart of Downtown Miami, it’s near Brickell, Miami Worldcenter, and Brightline, making it well-suited as a primary residence, second home, or income-producing investment.

Frequently Asked Questions

How many bedrooms and bathrooms does this unit have?

This unit has 2 bedrooms and 2 full bathrooms.

What are the main features of this residence?

The residence includes floor-to-ceiling impact windows, an open layout, Italian kitchen cabinetry, premium appliances, in-unit washer/dryer, and a spacious balcony with views of Biscayne Bay and the Downtown skyline.

What is the HOA fee for this unit?

The HOA fee is $1,244.

Are there any rental restrictions?

There are no rental restrictions. Airbnb is allowed from day one.

What amenities are available in the building?

The building offers over 20,000 square feet of amenities including a rooftop pool, fitness center, spa, co-working spaces, and valet.

What is the location like, and what areas is it near?

It’s located in Downtown Miami, near Brickell, Miami Worldcenter, and Brightline. It’s ideal for a primary residence, second home, or income-producing investment.

Monthly Fees & Carrying Costs

Association Fee $1,244 / month
Total Monthly Fees $1,244 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)
  • Address: 5th ST
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33132
  • Area: 501 First Residences

Details

Updated on June 27, 2026 at 3:37 pm
  • Property ID A12000476
  • Price $929,000
  • Bedrooms 2
  • Room 0
  • Bathrooms 2
  • Garage 1
  • Year Built 2026
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Bedroom Features Other
  • Cooling Central Air
  • Association Type Condo
  • Building 501 First Residences
  • Association Fee Frequency Monthly
  • Area 501 First Residences
  • Annual Tax 0
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Full Bathrooms 2
  • Subdivision 501 First Residences
  • Total Stories 40
  • Restrictions Other Restrictions
  • Maintenance Includes Cable Tv, Internet/WiFi, Parking, Water
  • Amenities Exercise Room, Pool
  • Parking 1 Space
  • Heating Central
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Covered Spaces 1
  • Unit Floor 17
  • View Water View
  • Year Built Details Under Construction
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 1701
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 1
  • Style Condo 5+ Stories
  • Association Fee 1244
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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Christopher Lazaro

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