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121 NE 5th Street #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-working s paces, 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

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Map

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Flooring Information

    Tile
  • Interior Features

    BedroomOnMainLevel, ClosetCabinetry, Elevator, MultipleEnSuiteBathrooms, SeparateShower
    Appliances: Dryer, Dishwasher, ElectricRange, FreeStandingFreezer, Disposal, Microwave, Oven, Refrigerator
  • Heating & Cooling

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

  • Building Information

    Year Built: 2026
    Patio And Porch Features: Open, Porch, Balcony
    Pool Features: Private, Association, Heated
    Private Pool: Yes
    View: Bay, City, Water
    Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: Balcony, Barbecue, OutdoorLivingArea

  • Listing Price Information

    Listing Price: $995000
    Cash, Conventional, FHA

  • Tax Information

    Parcel Number: 0141010080520 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

    Has Association: Yes
    HOA: $1,244.00
    Association Amenities: BusinessCenter, Clubhouse, CommunityKitchen, Elevators, FitnessCenter, MaintenanceGrounds, Other, PicnicArea, Pool, SpaHotTub
    Community Features: HomeOwnersAssociation

  • School Information

    Elementary School: Frederick Douglass Junior High School: Jose De Diego Senior High School: Booker T. Washington
  • Location Information

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

Address Estimate Bed Bath Sq. Ft Lot Size
398 NE 5th Street #2118, Miami, FL, 33132 $1,190,000 3 3 1,135 1,135 SqFt
20 NE 11th Street #4003B, Miami, FL, 33132 $519,900 -- 1 375 375 SqFt
851 NE 1st Avenue #1912, Miami, FL, 33132 $1,835,000 3 4 2,165 2,165 SqFt
851 NE 1st Avenue #2606, Miami, FL, 33132 $768,000 1 2 1,173 1,173 SqFt
851 NE 1st Avenue #2005, Miami, FL, 33132 $840,000 1 2 1,254 1,254 SqFt
1837 NE 4th Ave #1414, Miami, FL, 33132 $734,845 1 1 --
851 NE 1st Ave #3000, Miami, FL, 33132 $749,999 1 2 1,018 1,018 SqFt
398 NE 5th Street #2017, Miami, FL, 33132 $1,150,000 3 3 1,043 1,043 SqFt
851 NE 1st Ave #7, Miami, FL, 33132 $200,000 1 1 --
851 NE 1st Ave #PH 5411, Miami, FL, 33132 $9,490,000 5 7 6,513 6,513 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 07/27/2026 @ 03:08

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

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