$995,000
121 NE 5th ST # 2101, Miami FL 33132
204 days on market
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 835 sqft
- Price per sqft
- $1,192
- Type
- Condominium
- Year built
- 2026
- HOA
- $1,244/mo
- MLS #
- A11998848
About this home
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.
Estimated subtotal
$1,244/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxNot in the MLS record
- Not included
- HOAMLS association fee, monthly
- $1,244
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33132
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of FL Prime LLC
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.