121 NE 5th ST # 2101 Miami FL 33132 MLS #A11998848
121 NE 5th ST # 2101
Miami, FL, 33132
$995,000
2 Beds
2 Baths
835 SqFt
0 Acres
$995,000
121 NE 5th ST # 2101
Miami, FL, 33132
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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.

Property Details

Price:
$995,000
MLS #:
A11998848
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
501 First Residences
Neighborhood:
501firstresidences
Listed Date:
Apr 10, 2026
Finished Sq Ft:
835
Year Built:
2026
High RisePoolNewconstruction501 First Residences501firstresidences501 First ResidencesDaily Rentals Allowed,ok To LeaseDogs Ok

Schools

Interior

Appliances
Dishwasher, Disposal, Dryer, Free-Standing Freezer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Tile
Heating
Central
Interior Features
Closet Cabinetry, Fire Sprinklers

Exterior

Architectural Style
High Rise
Association Amenities
Barbecue, Business Center, Community Room, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Other, Pool, Private Pool, Spa/Hot Tub
Covered Spaces
1
Exterior Features
Barbeque, Open Balcony
Garage Spaces
1
New Construction YN
1
Parking Features
Valet
Patio And Porch Features
Open Balcony, Open Porch
Security Features
Fire Sprinklers, Fire Alarm, Smoke Detector, Card Entry, Guard At Site, Lobby Secured, Security Patrol, TV Camera
View
Bay, Skyline, Water View
Window Features
Complete Impact Glass

Financial

HOA Fee
$1,244
HOA Fee Frequency
Monthly
Tax Year
2025
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Current real estate data for Condo in Miami as of May 08, 2026
4,714
Condo Listed
158
Avg DOM
674
Avg $ / SqFt
$1,007,130
Avg List Price

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Property Summary

    Located in the 501 First Residences subdivision, 121 NE 5th ST # 2101 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $995,000 and features 2 beds, 2 baths, and has approximately 835 square feet of living space, and was originally constructed in 2026. The current price per square foot is $1,192. The average price per square foot for Condo listings in Miami is $674. The average listing price for Condo in Miami is $1,007,130.
121 NE 5th ST # 2101
Miami, FL