Condo in 121 NE 5th ST 2101 Miami for sale with MLS# A11998848

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.

📅 View days on the market

Days on the market

121 NE 5th ST 2101, Miami, FL 33132

Price
Price:
$995,000.00
Original List Price:
$995,000.00
More Listings Same Building:
501 First Residences in 121 5 Street Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11998848
Description of Last Important Update:
New Listing
Last Major Update on:
April 10, 2026 2:56 pm
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Measures
Living Area:
835 Sqft
Living Area Source:
Builder
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Water, City, Bay
Waterfront:
No
Swimming Pool Features:
Heated, Association
Security:
Smoke Detector(s), Fire Sprinkler System, Key Card Entry, Security Guard, Lobby Secured, Closed Circuit Camera(s), Fire Alarm
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Freezer, Electric Range
Interior:
Closet Cabinetry, Bedroom On Main Level, Elevator
Exterior:
Barbecue, Balcony, Porch, Security High Impact Doors
Patio and Porch:
Balcony, Open, Porch
Windows:
Impact Glass, Impact glass, Impact Glass
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Storm Protection:
Complete Impact Glass
Construction
Year Built:
2026
Year Built Details:
New Construction
Architectural Style:
High Rise, High Rise
Entry Level (floor):
21
Entry Level Location:
21
Flooring:
Tile
Number of stories:
40
Taxes and Expenses
Tax Annual Amount:
$0.00
Tax Year:
2025
Association Fee:
$1,244.00
Association Fee Frequency:
Monthly
Property Tax Status:
New Construction
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Garage, Valet, Detached
Community
Pets Allowed?:
Yes, Dogs Ok
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Pool, Spa/hot Tub, Clubhouse, Other, Barbecue, Elevator(s), Fitness Center, Picnic Area, Community Kitchen
Subdivision Name:
501 First Residences
Association Fee Includes:
Amenities
Complex Name:
501 First Residences
Senior Community:
No
Development Status:
New Construction
Restrictions:
Daily Rentals Allowed, Okay to Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Occupant Type:
Call Agent
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
501 FIRST RESIDENCES CONDO UNIT 2101 OFF REC 35067-4463
Real Estate Folio Number (Parcel Number):
01-41-01-008-0520
Listing History
Originally published on:
April 10, 2026 2:56 pm
Active on the market since:
April 10, 2026
Price change occurred on:
April 10, 2026 2:56 pm
Listing Status Last Changed On:
April 10, 2026 2:56 pm
Photos updated on:
April 10, 2026 8:01 pm
Last Modified:
April 16, 2026 6:02 pm
Additional Information
Unit View:
Bay, Skyline View, Water View
Housing Older Persons Act:
No HOPA
Unit Design:
High-Rise
Type of Association:
Homeowners
Minimum Number of Days per Lease:
1
Type of Governing Bodies of the Association:
Homeowner Association
Pet Fee:
$0.00
Number of Times Leased per Year:
365
Application Fee:
$150.00
Style:
Condo 5+ Stories
Municipal Code:
30
Courtesy of:
FL Prime LLC
Attribution:
Not provided
Location
Street Name:
5th ST
Street Number:
121
Unit Number:
2101
City:
Miami
State:
Florida
Zip Code:
33132
County:
Miami-Dade
Latitude:
N25° 46' 45.7''
Longitude:
W81° 48' 29.9''
Street Direction Prefix:
NE
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $109,505
Median Home Value $545,100
Median Rent $2,534/mo
Median Age 34
Population 18,244

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 50 Good
🫁 PM2.5 50 Good

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Mortgage Calculator

Please note: Monthly HOA / Condo Fees Not Included. The calculator shows the listing price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$
Ver la Propiedad Ver la propiedad 121 NE 5th ST 2101
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.