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Property for sale
$995,000
Condominium
121 NE 5th ST # 2101, Miami FL 33132
2
Beds
2
Baths
835 sqft
Living area
2026
Year built

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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.

Built in 2026
Property Type: Residential

Property highlights

2 bedrooms
2 bathrooms
835 sqft of living area
Built in 2026
1 garage spaces
Barbeque
Open Balcony

Features & Amenities

Interior

Closet Cabinetry
Fire Sprinklers

Appliances

Dishwasher
Disposal
Dryer
Electric Range
Microwave
Refrigerator
Self Cleaning Oven
Free-Standing Freezer

Exterior

Barbeque
Open Balcony

Parking

Valet
$995,000 2 beds / 2 baths / 835 sqft

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