Overview
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.
Virtual Tour
Address
- Street121 5th ST #2101
- CityMiami
- Subdivision501 First Residences
- CountyMiami-Dade County
- StateFL
- Zip33132
- MLS #A11998848
Interior
- AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Free-Standing Freezer
- Bathrooms Full2
- Bathrooms Total Integer2
- Bedrooms Total2
- CoolingCentral Air
- CoolingYes
- Door FeaturesHigh Impact Doors
- Entry Level21
- FlooringTile
- FurnishedFurnished
- HeatingCentral
- HeatingYes
- Interior FeaturesCloset Cabinetry, Fire Sprinklers
- Living Area835
- Living Area UnitsSquare Feet
- Other EquipmentElevator
- Rooms Total0
- Security FeaturesFire Sprinklers, Fire Alarm, Smoke Detector, Card Entry, Guard At Site, Lobby Secured, Security Patrol, TV Camera
- Window FeaturesComplete Impact Glass
Exterior
- Covered Spaces1
- Exterior FeaturesBarbeque, Open Balcony
- Garage Spaces1
- GarageYes
- Lot Size Square Feet0
- Lot Size UnitsSquare Feet
- Parking FeaturesValet
- Patio And Porch FeaturesOpen Balcony, Open Porch
- ViewBay, Skyline, Water View
- ViewYes
Structure
- Architectural StyleHigh Rise
- Building Area SourceAppraisal
- Building Area UnitsSquare Feet
- Building Name501 First Residences
- New ConstructionYes
- Property AttachedYes
- Property ConditionNew Construction
- Stories Total40
- Structure TypeCondo 5+ Stories, Condo
- Year Built2026
- Year Built DetailsNew Construction
Financial
- Association AmenitiesBarbecue, Business Center, Community Room, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Other, Pool, Private Pool, Spa/Hot Tub
- Association Fee1,244
- Association Fee FrequencyMonthly
- AssociationYes
- Other Expense0
- Parcel Number01-41-01-008-0520
- Pets AllowedDogs OK
- Public Survey Range41
- Public Survey Section6
- Public Survey Township41
- Tax Annual Amount0
- Tax Legal Description501 FIRST RESIDENCES CONDO UNIT 2101 OFF REC 35067-4463
- Tax Year2025
Location
- County Or ParishMiami-Dade County
- MLS Area Major501 First Residences
- Postal Code33132
- Street Direction PrefixNE
- Street Name5th ST
- Street Number121
- Street Number Numeric121
- Subdivision Name501 First Residences
- Unit Number2101
- Unparsed Address121 NE 5th ST # 2101, Miami FL 33132
Listing Info
- Contract Status Change DateApril 10, 2026
- Days On Market133
- Expiration DateNovember 30, 2026
- List AORA-Miami Association of REALTORS
- List Agent Direct Phone786-232-3640
- List Agent EmailTomasnFurman@Gmail.com
- List Agent Full NameTomas Furman
- List Agent Key152c0bf19b87e0da920e67a55569897a
- List Agent MLS ID3366332
- List Agent Office Phone786-232-3640
- List Agent State License3366332
- List Office Keyad523c564dcd81e7e9d26655966a9f47
- List Office MLS IDFPRI01
- List Office NameFL Prime LLC
- List Office Phone786-232-3640
- List Office URLhttps://unbranded.visithome.ai/iCBAi9Fbyhc3Zag4xcK9wi?mu=ft&t=1775842362
- List Price995,000
- Listing AgreementExclusive Agency
- Listing Contract DateApril 10, 2026
- Listing IDA11998848
- Listing Key02c46f7e55e86b8fa4dac1f4a2b00b81
- Listing TermsAll Cash, Conventional, FHA
- Major Change TimestampApril 10, 2026
- Major Change TypeNew
- MLS StatusActive
- Modification TimestampAugust 21, 2026
- On Market DateApril 10, 2026
- Original Entry TimestampApril 10, 2026
- Original List Price995,000
- Originating System IDmiamire
- Originating System Keymiamire
- Originating System NameMiami Association of REALTORS®
- Photos Change TimestampApril 10, 2026
- Photos Count35
- PossessionNegotiable
- Price Change TimestampApril 10, 2026
- Showing Instructions24 Hour Notice,See Broker Remarks,Showing Assist
- Source System Key452683120
- Status Change TimestampApril 10, 2026
- Syndication RemarksRare 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.
Features & Amenities
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Tomas Furman
Listing Agent · FL Prime LLC
Get in touch
Office · 786-232-3640
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