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121 NE 5th St #2101

Miami, FL 33132
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Bed 2

Bed

Bath 2

Bath

SqFt835

Sqft

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-wor king 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.

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Detail Ic Property Details

Property Type : Residential

Price : $995,000

AD Id : 76968029

MLS Id : A11998848

Beds : 2

Living Area Size : 835

Year Built : 2026

Garage : 1

County : Miami-Dade

Subdivision: Royal Palm Beach Acreage

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Flooring Information

    Tile
  • Interior Features

    BedroomOnMainLevel, ClosetCabinetry, Elevator
    Appliances: Dryer, Dishwasher, ElectricRange, Freezer, Disposal, Microwave, Refrigerator, SelfCleaningOven
    Window Features: ImpactGlass
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2026
    Patio And Porch Features: Balcony, Open, Porch
    Pool Features: Association, Heated
    Private Pool: No
    View: Bay, City, Water
    Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: Balcony, Barbecue, SecurityHighImpactDoors, Porch

  • Listing Price Information

    Listing Price: $995000
    Cash, Conventional, FHA

  • Tax Information

    Parcel Number: 01-41-01-008-0520 Tax Year: 2025 Annual Tax: $0 Tax Legal Desc: 501 FIRST RESIDENCES CONDO UNIT 2101 OFF REC 35067-4463

  • Parking Information

    Detached, Garage, Valet

    Garage Information

    Has Garage: Yes Garage Space: 1 Pets Allowed: DogsOk, Yes

    Homeowners Association Information

    Included Fees: Amenities
    HOA: $1,244.00
    Association Amenities: BusinessCenter, Clubhouse, CommunityKitchen, Elevators, FitnessCenter, Barbecue, Other, PicnicArea, Pool, SpaHotTub

  • Location Information

    Security Features: ClosedCircuitCameras,FireAlarm,KeyCardEntry,LobbySecured,SecurityGuard,FireSprinklerSystem,SmokeDetectors
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Nearby Home Value

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488 NE 18th St #4005, Miami, FL, 33132 $550,000 1 2 743 743 SqFt
1900 N Bayshore Dr #3216, Miami, FL, 33132 $495,000 1 2 867 867 SqFt
20 NE 11 St #3112B, Miami, FL, 33132 $500,000 -- 1 275 275 SqFt
1040 Biscayne Blvd #4607, Miami, FL, 33132 $2,998,000 2 3 2,566 2,566 SqFt
1000 Biscayne Blvd #5101, Miami, FL, 33132 $23,800,000 6 7 10,388 10,388 SqFt
398 NE 5th St #1407, Miami, FL, 33132 $795,000 1 1 442 442 SqFt
244 Biscayne Blvd #3602, Miami, FL, 33132 $775,000 2 2 1,203 1,203 SqFt
1750 N Bayshore Dr #4506, Miami, FL, 33132 $325,000 1 1 821 821 SqFt
227 NE 2nd St #1610, Miami, FL, 33132 $420,000 -- 1 446 446 SqFt
1750 N Bayshore Dr #5614, Miami, FL, 33132 $675,000 2 2 1,048 1,048 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/05/2026 @ 01:54

MLS: A11998848 LISTED BY: Tomas Furman, FL Prime LLC 786-232-3640 SOURCE: SEFMIAMI

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