2-Bed Condominium at 501 First Residences in Miami

$995,000

Listing courtesy of FL Prime LLC; Tomas Furman. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedrooms

2

bathrooms

2

Square Footage

835

Type of Property

Condominium, Residential

Details

Overview

Sub Type
Condominium
Price Per Sqft
$1,192/sqft
Built In
2026
Association Fee
$1,244/mo HOA

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. 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.

This condominium home located at 121 NE 5th ST # 2101, Miami FL 33132 is currently for sale and has been available on Brickellsold for 148 days. This property is listed at $995K. It has 2 beds, 2 bathrooms, and is 835 square feet. It was built in 2026. 121 NE 5th ST # 2101, Miami FL 33132 is in Miami county Miami-Dade County.

Interior

Bedrooms
2
Bathrooms
2
Bathrooms Full
2
Features
  • Flooring: Tile
  • Common walls with other units/homes: High Rise
Heating
Central
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Free-Standing Freezer
Total interior livable area
835 sqft

Property

Parking
  • Covered Spaces: 1
  • Parking Features: Valet
  • Garage Spaces: 1
Parcel Number
01-41-01-008-0520
Features
  • Entry location: Closet Cabinetry, Fire Sprinklers
  • Exterior Features: Barbeque, Open Balcony
  • Has View: Yes
  • View Description: Bay, Skyline, Water View

Construction

Property subtype
Condominium, Residential
Attached to another structure
Yes
Materials
Condition
  • New Construction: Yes
  • Year Built: 2026

Community & HOA

Community
  • Security Features: Fire Sprinklers, Fire Alarm, Smoke Detector, Card Entry, Guard At Site, Lobby Secured, Security Patrol, TV Camera
  • Subdivision: 501 First Residences
HOA
  • Has HOA: Yes
  • Amenities: Barbecue, Business Center, Community Room, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Other, Pool, Private Pool, Spa/Hot Tub
  • HOA Fees: $1,244/mo
Region
Miami

Financial

Price Per Sqft
$1,192/sqft
Association Fee
$1,244/mo
On Market Date
4/9/2026
Listing Terms
All Cash, Conventional, FHA

Metadata

Added
4/10/2026
Updated
9/5/2026
MLS#
A11998848
Days on Market
148
Listed By
FL Prime LLC
Originating MLS
A-Miami Association of REALTORS

Neighborhood Insights

School and crime data are from public sources and are informational only.

Nearby Schools

Within 5 miles

  • School For Advanced Studies Wolfson 0.0 mi • K-12
  • New World School of the Arts 0.0 mi • K-12
  • Law Enforcement Officers Memorial Senior High 0.0 mi • K-12
  • School Board Adm - Main Building 0.0 mi • K-12
  • Anna Brenner Meyers Telecommunication Complex 0.0 mi • K-12
  • K-12 Distance Learning 0.0 mi • K-12

Nearby Hospitals

Within 3 miles

No nearby hospitals found.

Crime Overview

Crime data unavailable for this area.

Map

Price History

EventPriceDate
Original list price$995,000Apr 10, 2026

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