121 NE 5th ST # 2101, Miami FL 33132 | Miami-Dade County | A11998848
- $995,000
- $995,000
Description
Rare 2 Bed / 2 Bath at 501 First Residences, Downtown Miami’s premier new tower. Perched on the 21st floor with a SE-facing balcony, this residence offers 760 sq ft per county records, with the developer’s floor plan reflecting 835 sq ft interior + 180 sq ft balcony for 1,015 sq ft of total living area.
Open-concept layout with floor-to-ceiling impact windows, custom Italian kitchen cabinetry, premium appliances, and in-unit washer/dryer. Primary bedroom features a full en-suite bath; second bedroom and additional full bath offer ideal flexibility for guests, roommates, or maximizing rental income. No rental restrictions — Airbnb allowed from day one. Delivered fully furnished and move-in ready.
Enjoy 20,000+ sq ft of amenities: rooftop pool, hot tub, fitness center, 24/7 valet, co-working spaces, pet lounge, and media room — without condo-hotel restrictions.
Steps from Miami Worldcenter, Brightline, Kaseya Center, and world-class dining. Minutes to Brickell, Wynwood, and MIA.
The SE exposure frames iconic views of Biscayne Bay, PortMiami, and the Downtown skyline — among the most photogenic in the building. Unit is brand new and never occupied, offering true first-owner condition. With Downtown Miami’s continued growth, strong short-term rental demand, and no income restrictions, this is a rare asset that works equally well as a primary residence, second home, or income-producing investment.
Property Overview
Frequently Asked Questions
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Monthly Fees & Carrying Costs
| Association Fee | $1,244 / month |
| Total Monthly Fees | $1,244 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Address
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Address: 5th ST
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33132
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Area: 501 First Residences
Details
Updated on June 29, 2026 at 12:55 pm-
Property ID A11998848
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Price $995,000
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Property Size 835 Sq Ft
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Bedrooms 2
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Room 0
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Bathrooms 2
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Garage 1
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Year Built 2026
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Tile
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Bedroom Features Entry Level, Primary Bath Shower
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Cooling Central Air
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Association Type Homeowners
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Building 501 First Residences
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Association Fee Frequency Monthly
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Area 501 First Residences
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Annual Tax 0
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Association Yes
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Private Pool Yes
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Listing Terms All Cash, Conventional, FHA
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Waterfront No
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Full Bathrooms 2
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Subdivision 501 First Residences
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Total Stories 40
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Restrictions Daily Rentals Allowed, Ok To Lease
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Maintenance Includes All Amenities
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Parking Valet
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Covered Spaces 1
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Unit Floor 21
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View Bay, Skyline, Water View
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Year Built Details New Construction
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Pets Allowed Yes
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Attached Yes
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Unit Number 2101
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Patio / Porch Open Balcony, Open Porch
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New Construction Yes
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Garage Spaces 1
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Style Condo 5+ Stories
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Association Fee 1244
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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