121 NE 5th Street, Miami, FL 33132
- $995,000
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
Details
Updated on July 24, 2026 at 4:11 pm- MLS # A11998848
- Price $995,000
- Bedrooms 2
- Bathrooms 2
- Garage 1.0
- Garage Size x x
- Year Built 2026
- Property Status Active
- Office Name FL Prime LLC
- Agent Name Tomas Furman
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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