2-Bed Condominium at 501 FIRST RESIDENCES CONDO in Miami

$970,000

Listing courtesy of BHHS EWM Realty; Marla Rivas. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedrooms

2

bathrooms

2

Square Footage

760

Type of Property

Condominium, Residential

Details

Overview

Sub Type
Condominium
Price Per Sqft
$1,276/sqft
Built In
2025
Association Fee
$1,224/mo HOA

Description

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, etc.

This condominium home located at 121 NE 5th St # 2401, Miami FL 33132 is currently for sale and has been available on Brickellsold for 79 days. This property is listed at $970K. It has 2 beds, 2 bathrooms, and is 760 square feet. It was built in 2025. 121 NE 5th St # 2401, Miami FL 33132 is in Miami county Miami-Dade County.

Interior

Bedrooms
2
Bathrooms
2
Bathrooms Full
2
Features
  • Flooring: Other
  • Common walls with other units/homes: High Rise
Heating
Central
Cooling
Central Air
Appliances
Other Equipment/Appliances
Total structure area
760
Total interior livable area
760 sqft

Property

Parking
  • Covered Spaces: 1
  • Parking Features: Valet,Limited # Of Vehicle
  • Garage Spaces: 1
Parcel Number
01-41-01-008-0550
Features
  • Entry location: Lobby, Elevator
  • Exterior Features: None
  • Has View: Yes
  • View Description: Other View

Construction

Property subtype
Condominium, Residential
Attached to another structure
Yes
Materials
CBS Construction
Condition
  • Year Built: 2025

Community & HOA

Community
  • Security Features: Elevator Secure, Guard At Site, Lobby Secured
  • Subdivision: 501 FIRST RESIDENCES CONDO
HOA
  • Has HOA: Yes
  • Amenities: Elevator(s), Other
  • HOA Fees: $1,224/mo
Region
Miami

Financial

Price Per Sqft
$1,276/sqft
Association Fee
$1,224/mo
On Market Date
6/7/2026
Listing Terms
All Cash, Assumable

Metadata

Added
6/9/2026
Updated
8/26/2026
MLS#
A12033053
Days on Market
79
Listed By
BHHS EWM Realty
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

  • New World School of the Arts 0.0 mi • K-12
  • School For Advanced Studies Wolfson 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$1,050,000Jun 9, 2026
Current list price$970,000Jun 24, 2026

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