Condo in 121 NE 5th Street 2101, Miami, FL 33132 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.
121 NE 5th Street 2101, Miami, FL 33132
- Price:
- $995,000.00
- Original List Price:
- $995,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,191.61
- More Listings Same Building:
- 501 First Residences in 121 5 Street Miami
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 10, 2026 4:00 am
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Master Bedroom Bath:
- 2 Master Baths, Separate Shower, Bedroom On Entry Level
- Living Area:
- 835 Sqft
- View from the Property:
- Water, Bay, Skyline
- Waterfront:
- No
- Swimming Pool Features:
- Private
- Security:
- Smoke Detector(s), Fire Sprinkler System, Key Card Entry, Security Guard, Security System, Closed Circuit Camera(s), Fire Alarm, Security Patrol
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Electric Range, Oven, Free-Standing Freezer
- Interior:
- Closet Cabinetry, Elevator
- Exterior:
- Barbecue, Balcony
- Patio and Porch:
- Porch, Porch - Open
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Unit Description:
- High Rise
- Balcony Details:
- Balcony - Open
- Storm Protection Impact Glass:
- Complete
- Year Built:
- 2026
- Levels:
- Two
- Flooring:
- Tile
- Number of stories:
- 40
- Property Condition:
- New Construction
- Tax Year:
- 2025
- Association Fee:
- $1,244.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- New Construction
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- Garage, Valet, Detached, Detached Garage
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- Rapid Approval
- Association Type:
- Homeowner Association
- Pets Allowed?:
- Yes, Dogs Ok
- Lease Number Times per Year Allowed:
- 365
- Amenities Provided by the Homeowner's Association (HOA):
- Business Center, Heated Pool, Pool, Spa/hot Tub, Kitchen Facilities, Community Room, Other, Maintenance, Elevator(s), Fitness Center, Picnic Area
- Subdivision Name:
- 501 First Residences
- Senior Community:
- No
- Minimum Days per Lease:
- 1
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease, Short Term Rentals Allowed
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- 501 FIRST RESIDENCES CONDO UNIT 2101 OFF REC 35067-4463
- Real Estate Folio Number (Parcel Number):
- 0141010080520
- Elementary School:
- Cutler Ridge
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- April 10, 2026
- Listing Agreement executed on:
- April 10, 2026
- Listing Status Last Changed On:
- April 10, 2026 4:00 am
- Photos updated on:
- July 23, 2026 12:10 pm
- Last Modified:
- July 23, 2026 12:10 pm
- Courtesy of:
- FL Prime LLC
- Attribution:
- Not provided
- Floor Number:
- 21
- Street Name:
- 5th
- Street Number:
- 121
- Unit Number:
- 2101
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 45.6''
- Longitude:
- W81° 48' 29.9''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami