Basic Information

  • MLS # A11998848
  • Type Condominiums
  • Subdivision/Complex 501 First Residences
  • Year Built 2026
  • Total Sqft 835
  • Date Listed 04/10/2026
  • Days on Market 8
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.

Amenities

  • Business Center
  • Clubhouse
  • Community Kitchen
  • Elevators
  • Fitness Center
  • Barbecue
  • Other
  • Picnic Area
  • Pool
  • Spa Hot Tub

Exterior Features

  • Waterfront No
  • Parking Spaces 1
  • Pool Yes
  • Parking Description Detached, Garage, Valet
  • Exterior Features Balcony, Barbecue, Security High Impact Doors, Porch

Interior Features

  • Adjusted Sqft 835Sq.Ft
  • Interior Features Bedroom On Main Level, Closet Cabinetry, Elevator
  • Sqft 835 Sq.Ft

Property Features

  • Furnished Info Yes
  • Short Sale Regular Sale
  • HOA Fees $1,244
  • Subdivision Complex 501 First Residences
  • Subdivision Info 501 First Residences
  • Tax Amount $0
  • Tax Year 2025

121 NE 5th St #2101

Miami, FL 33132

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