Current MLS Property Details
121 NE 5th Street 2101, Miami, FL 33132
Miami, FL, 33132
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MLS # A11998848
At a Glance
Property Snapshot
The MLS currently describes this as a 2 bedrooms, 2 bathrooms, 835 square feet, built in 2,026.
What Stands Out
1 garage spaces
Newer construction
Association fee reported in MLS
About This Property
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
Property Type
Condominium
Subdivision
501 First Residences
Development
501 First Residences
County
Miami-Dade
Waterfront
No
Association Fee
$1,244 Monthly
Original List Price
$995,000
MLS ID
A11998848
Updated
Sep 5, 2026
Quick Payment Estimate
What might this home cost each month?
Starting rate:
6.66%
30 year fixed national average
· updated Aug. 27, 2026
$
%
%
$
/mo
Taxes, insurance, flood coverage and PMI are not included here.
HOA / condo fee prefilled from MLS
Rate is editable and is not a lender quote.
Listing Office:
FL Prime LLC
• 786-232-3640
Listing Agent:
Tomas Furman
• 786-232-3640
MLS ID:
A11998848
Property information is displayed from the site's BeachesMLS IDX data feed.
Information is subject to change and should be independently verified.
Property Location
Where is this property?
121 NE 5th Street 2101, Miami, FL 33132 · Miami, FL, 33132
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