121 NE 5th St Unit 2401 Miami, FL 33132
Downtown Miami NeighborhoodEstimated payment $7,536/month
Highlights
- Valet Parking
- Views
- Central Heating and Cooling System
- Deeded Boat Dock
- Security Guard
- 1 Car Garage
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.
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
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 |
|---|---|---|---|---|
| 06/24/2026 06/24/26 | Price Changed | $970,000 | -7.6% | $1,276 / Sq Ft |
| 06/08/2026 06/08/26 | For Sale | $1,050,000 | -- | $1,382 / Sq Ft |
Source: MIAMI REALTORS® MLS
MLS Number: A12033053
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Ask me questions while you tour the home.