$1,050,000

121 NE 5th St Unit 2401 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $7,962/month

Total Views 8
2 Beds
2 Baths
760 Sq Ft
$1,382 Price per Sq Ft

Highlights

  • Valet Parking
  • 1-minute walk to College North
  • Security Guard
  • Deeded Boat Dock
  • Views
  • Central Heating and Cooling System

About This Home

Exceptional investment opportunity at 501 First Residences, a newly delivered luxury tower in the heart of Downtown Miami. This high-floor 2BR/2BA residence offers modern finishes, floor-to-ceiling impact glass, a private balcony with skyline views, and a turnkey layout ideal for income production. The building is designed for flexible short-term rentals, allowing daily or short stays, making it highly attractive for Airbnb -style income strategies. Strong demand from tourist, business travelers, and the Miami World center district supports consistent occupancy potential. Residents enjoy resort-style amenities including rooftop pool, fitness center, co-working spaces, concierge, and 24 hour security. Unbeatable location steps form Miami Worldcenter, Brightline, Kaseya Center, Bayfront Park, etc.

Listing Agent

Marla Carolina Rivad

BHHS EWM Realty License #3128720 Listed on: 06/08/2026

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2025

HOA Fees

  • $1,224 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • 760 Sq Ft Home
  • Entry on the 24th floor
  • Concrete Block And Stucco Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Accessible Elevator Installed
  • Deeded Boat Dock
  • Central Heating and Cooling System
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 01-41-01-008-0550

Community Details

Overview

  • 448 Units
  • High-Rise Community
  • 501 First Residences Cond Condos
  • 501 First Residences Condo Subdivision
  • 40-Story Property

Amenities

  • Valet Parking
  • Lobby
  • Secure Lobby
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Secure Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2025

Lot Details

0 Sq Ft Lot

HOA Fees

$1,224 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2025
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 24
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 501 FIRST RESIDENCES CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 1050000
  • InternetRemarks: Exceptional investment opportunity at 501 First Residences, a newly delivered luxury tower in the heart of Downtown Miami.
  • ShowingTimeFlag: Yes
  • Special Features: 4098

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Lobby, Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 760
  • Stories: 40
  • Bedroom Features: Entry Level

Exterior Features

  • View: Other View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 501 FIRST RESIDENCES COND
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Valet, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1224
  • Amenities: Elevator(s), Other
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-01-008-0550

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2025

Multi Family

  • Number Of Units In Community: 448

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
06/08/2026 06/08/26 For Sale $1,050,000 -- $1,382 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A12033053

MIAMI REALTORS® MLS
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