121 NE 5th Street 2101, Miami, FL 33132
$995,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
835
Status:
Active
Current Price:
$995,000
List Date:
4/10/2026
Last Modified:
9/01/2026
Overview
Description
...
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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 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.
Listing Details MLS# A11998848
General Property Information
- Unit Floor #
- 21
- Property Sub Type
- Condominium
- Bedrooms Total
- 2
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Living Area Main
- 835
- Year Built
- 2026
- Garage YN
- Yes
- Garage Spaces
- Yes
- Covered Spaces
- Yes
- Senior Community YN
- No
- Outdoor Living Spaces YN
- Yes
- Stories Total
- 40
- Furnished
- Furnished
Property Features
Application Information:
Rapid Approval
Association Amenities:
Maintenance
Exterior Features:
Barbecue
Flooring:
Tile
Leasing Permitted Details:
Okay To Lease; Short Term Rentals Allowed
Parking Features:
Valet; Detached; Detached Garage; Garage
Property Condition:
New Construction
Appliances:
Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Microwave; Oven; Refrigerator
Cooling:
Central Air
Association Type:
Homeowner Association
Heating:
Central
Interior Features:
Closet Cabinetry; Elevator
Listing Terms:
Cash; Conventional; FHA
Pets Allowed YN:
Yes
Pets Allowed:
Dogs OK
Pool Features:
Private
Possession:
Close Of Escrow; Negotiable
Security Features:
Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System; Key Card Entry; Security Guard; Security Patrol; Security System; Smoke Detector(s)
Tax Information:
New Construction
Unit Description:
High Rise
View:
Water; Skyline
Water View:
Bay
Showing Requirements:
24 Hour Notice; Showing Service
Outdoor Living Spaces:
Balcony; Porch
Balcony Details:
Balcony - Open
Porch Details:
Porch - Open
Contract Information
- Comp Sale YN
- No
- Original List Price
- 995000
- Occupant Type
- Call Listing Agent
Location and Legal
- Country
- United States
- County Or Parish
- Miami-Dade
- County Parish Name
- Miami-Dade
- Street Number
- 121
- Street Direction Prefix
- NE
- Street Name
- 5th
- Street Suffix
- Street
- Unit Number
- 2101
- City Name
- Miami
- Municipal Code
- 30
- State Or Province
- FL
- Postal Code
- 33132
- Postal Zip
- 33132
- Subdivision Name
- 501 First Residences
- Area
- 2410
- Elementary School
- Frederick Douglass
- Middle Or Junior School
- Jose De Diego
- High School
- Booker T. Washington
- Parcel Number
- 0141010080520
Financial Information
- Association YN
- Yes
- Association Fee
- 1244
- Association Fee Frequency
- Monthly
- Application Required YN
- Yes
- Estimated Monthly Assoc Recurring Fee
- 1244
- Membership Fee Required YN
- No
- Tax Year
- 2025
- Tax Legal Description
- 501 FIRST RESIDENCES CONDO UNIT 2101 OFF REC 35067-4463
Status Change Information
- Major Change Timestamp
- 2026-04-10T04:00:00Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-04-10
More Information
Application Fee Details
- Application Fee Required
- Yes
- Application Fee
- 150
Leasing Permitted Details
- Leasing Permitted YN
- Yes
Leasing Restrictions
- Leasing - Max Times Per Year
- 365
- Leasing - Minimum Number of Days
- Yes
Storm Protection
- Impact Glass
- Complete
Price Calculations
- Current Price To SqFt
- 1191.61
Section Details
- Parcel Number MLX
- 0520
Originating Details
- Originating System Key
- 452683120
- Originating System ID
- M00000151
Listing Office:
FL Prime LLC
Last Updated: September - 01 - 2026
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