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 |
|---|---|---|---|---|---|
| 1900 N Bayshore Drive #.., Miami, FL, 33132 | $570,000 | 2 | 2 | 1,154 | 1,154 SqFt |
| 1750 N Bayshore Dr #2914, Miami, FL, 33132 | $560,000 | 2 | 2 | 1,048 | 1,048 SqFt |
| 488 NE 18th St #203, Miami, FL, 33132 | $525,000 | 1 | 2 | 774 | 774 SqFt |
| 398 NE 5th Street #2118, Miami, FL, 33132 | $1,190,000 | 3 | 3 | 1,135 | 1,135 SqFt |
| 1900 N Bayshore Dr #4018, Miami, FL, 33132 | $649,000 | 2 | 3 | 1,162 | 1,162 SqFt |
| 851 NE 1st Ave #4406, Miami, FL, 33132 | $798,888 | 2 | 2 | 1,173 | 1,173 SqFt |
| 601 NE 1st Avenue #2809, Miami, FL, 33132 | $483,888 | 1 | 1 | 679 | 679 SqFt |
| 888 Biscayne Blvd #1811, Miami, FL, 33132 | $480,000 | 1 | 2 | 845 | 845 SqFt |
| 851 NE 1st Ave #7, Miami, FL, 33132 | $200,000 | 1 | 1 | -- | |
| 398 NE 5th Street #2017, Miami, FL, 33132 | $1,150,000 | 3 | 3 | 1,043 | 1,043 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/30/2026 @ 16:04
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