121 NE 5th Street #2401
Miami, FL 33132
2
Bed
2
Bath
760Sqft
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 2Flooring Information
Other -
Interior Features
BedroomOnMainLevel, Elevator -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 2025Building Area Total: 760Construction Materials: BlockPrivate Pool: NoView: OtherAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: None
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Listing Price Information
Listing Price: $970000Original Price: $1050000Assumable, Cash
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Tax Information
Parcel Number: 0141010080550 Tax Year: 2025 Annual Tax: $0 Tax Legal Desc: 501 FIRST RESIDENCES CONDO, UNIT 2401
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Virtual Tour
Parking Information
ValetGarage Information
Has Garage: Yes Garage Space: 1 Pets Allowed: NoHomeowners Association Information
Has Association: YesHOA: $1,224.00Association Amenities: Elevators, OtherCommunity Features: Other
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School Information
Elementary School: Frederick Douglass Junior High School: Jose De Diego Senior High School: Booker T. Washington -
Location Information
Security Features: SecuritySystem,ElevatorSecured,SecurityGuard
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 227 NE 2nd Street #UNIT.., Miami, FL, 33132 | $419,900 | 1 | 1 | 521 | -- |
| 398 NE 5th Street #1515, Miami, FL, 33132 | $619,900 | 1 | 1 | 560 | -- |
| 900 Biscayne Blvd #2506, Miami, FL, 33132 | $1,975,000 | 3 | 4 | 2,145 | -- |
| 20 NE 11th St #3105, Miami, FL, 33132 | $625,000 | -- | 1 | 474 | -- |
| 851 NE 1st Ave #1506, Miami, FL, 33132 | $765,000 | 1 | 2 | 1,173 | -- |
| 244 Biscayne Blvd #451, Miami, FL, 33132 | $330,000 | 1 | 2 | 978 | -- |
| 488 NE 18th Street #APT.., Miami, FL, 33132 | $660,000 | 1 | 2 | 888 | -- |
| 11 NE 6th Street #2215, Miami, FL, 33132 | $415,000 | -- | 1 | 344 | -- |
| 133 NE 2nd Ave #1103, Miami, FL, 33132 | $299,000 | 1 | 1 | 632 | -- |
| 253 NE 2nd St #3302, Miami, FL, 33132 | $618,000 | 2 | 2 | 1,203 | -- |
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Nearby For Sale
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 09/15/2026 @ 09:17
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