121 NE 5th St Unit 2101 Miami, FL 33132
Downtown Miami NeighborhoodEstimated payment $7,729/month
Highlights
- Valet Parking
- 1-minute walk to College North
- Bay View
- Fitness Center
- New Construction
- Two Primary Bathrooms
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.
Property Details
Home Type
- Condominium
Year Built
- Built in 2026 | New Construction
HOA Fees
- $1,244 Monthly HOA Fees
Parking
- 1 Car Garage
Property Views
- Bay
- Skyline
Home Design
- Entry on the 21st floor
Interior Spaces
- 835 Sq Ft Home
- Furnished
- Tile Flooring
- Video Cameras
- Dryer
Kitchen
- Self-Cleaning Oven
- Electric Range
- Microwave
- Free-Standing Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Closet Cabinetry
- Two Primary Bathrooms
- 2 Full Bathrooms
- Primary Bathroom includes a Walk-In Shower
Outdoor Features
- Balcony
- Outdoor Grill
- Porch
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 01-41-01-008-0520
Community Details
Overview
- High-Rise Community
- 501 First Residences Condos
- 501 First Residences Subdivision
- 40-Story Property
Amenities
- Valet Parking
- Community Barbecue Grill
- Community Kitchen
- Business Center
- Community Center
- Party Room
- Secure Lobby
- Elevator
Recreation
- Fitness Center
- Heated Community Pool
- Community Spa
Pet Policy
- Dogs Allowed
Security
- Security Guard
- Card or Code Access
- Complete Impact Glass
- High Impact Door
- Fire and Smoke Detector
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/10/2026 04/10/26 | For Sale | $995,000 | -- | $1,192 / Sq Ft |
Source: MIAMI REALTORS® MLS
MLS Number: A11998848
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Ask me questions while you tour the home.