Overview
- Condominium, Residential
- 2
- 2
- 1.0
- 2026
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.
Address
Open on Google Maps- Address 121 NE 5th Street
- City Miami
- State/county FL
- Zip/Postal Code 33132
- Area Miami-Dade
Details
Updated on September 3, 2026 at 12:24 pm- Property ID: HZA11998848
- Price: $995,000
- Bedrooms: 2
- Bathrooms: 2
- Garage: 1.0
- Garage Size: x x
- Year Built: 2026
- Property Type: Condominium, Residential
- Property Status: Active, For Sale
Additional details
- Listing Terms: Cash, Conventional, FHA
- Association Fee: 1244.0
- Cooling: Central Air
- Heating: Central
- Flooring: Tile
- County: Miami-Dade
- Property Type: Residential
- Pool: Private, Association, Heated
- Parking: Detached, Garage, Valet
- Elementary School: Frederick Douglass
- Middle School: Jose De Diego
- High School: Booker T. Washington
- Community Features: Home Owners Association
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