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121 NE 5th ST Unit 2101, Miami, Florida 33132

Active For Sale
$995,000
  • Beds 2
  • Baths 2
  • Sq Ft 835 Sqft
  • Visits: 1 in 2 days

Description

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.rnrnOpen-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.rnEnjoy 20,000+ sq ft of amenities: rooftop pool, hot tub, fitness center, 24/7 valet, co-working spaces, pet lounge, and media room — without condo-hotel restrictions.rnrnSteps from Miami Worldcenter, Brightline, Kaseya Center, and world-class dining. Minutes to Brickell, Wynwood, and MIA.rnrnThe 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.

Features

  • Swimming Pool: Heated, Association
  • Heating System: Central
  • Cooling System: Central Air
  • Pet Policy: Yes, Dogs Ok
  • Security: Smoke Detector(s), Fire Sprinkler System, Security Guard, Lobby Secured, Fire Alarm, Key Card Entry, Closed Circuit Camera(s)
  • Patio: Balcony, Open, Porch
  • Parking: Detached, Garage, Valet
  • Furnished: Furnished

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Disposal, Freezer

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: 501 First Residences
  • Zipcode: 33132
  • Street: 5th ST
  • Street Number: 121
  • Floor Number: 0
  • Longitude: W81° 48' 30''
  • Latitude: N25° 46' 45.3''
  • UnitNumber: 2101
  • Street Dir Prefix: NE
  • MLS Area: 41

MLS Addon

  • Architectural Style: High Rise
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Pool, Community Kitchen, Other, Business Center, Barbecue, Picnic Area, Spa/Hot Tub
  • Association Fee: $1,244
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Amenities
  • Close Price: $0
  • Development Status: New Construction
  • Exterior Features: Balcony, Barbecue, Security/High Impact Doors, Porch
  • Flooring: Tile
  • Garage Spaces: 1
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, Closet Cabinetry, Elevator
  • Listing Terms: Cash, Conventional, FHA
  • New Taxes Expense: $0
  • Stories Total: 40
  • Tax Annual Amount: $0
  • Tax Year: 2025
  • Window Features: Impact Glass

Location

Listing Updated: 2026-04-10 21:50:13

  • Parent : 121:NE:5th St:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11998848
  • Price : $995,000
  • View : Bay, City, Water
  • Bedrooms : 2
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 835 Sqft
  • Year Built : 2026
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 1
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