Home›121 NE 5th Street 2211, Miami, FL 33132

Residential in Miami

Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami’s newest short-term-rental–friendly tower in the heart of Downtown. This modern residence features an open layout, floor-to-ceiling impact windows, a sleek European kitchen with premium appliances, and a spacious den that functions as a second sleeping area or office. The private balcony offers city views and abundant natural light.Enjoy resort-style amenities including a rooftop pool with panoramic skyline views, state-of-the-art fitness center, coworking spaces, social lounges, and 24/7 concierge. STR/Airbnb allowed from day one, making it ideal for investors seeking high occupancy and strong returns.Unbeatable location: steps from MiamiCentral Brightline Station, Miami Worldcenter, Bayside, Kaseya Center, museums, dining, and retail. Quick access to Brickell, Wynwood, Miami Beach, and MIA Airport.Move-in ready, fully flexible, and perfectly positioned for both living and investment.

Property Highlights

View

  • Other
  • Skyline

Cooling

  • Central Air

Heating

  • Central

Flooring

  • Ceramic Tile

Amenities

  • Bar
  • Business Center
  • Clubhouse
  • Community Room
  • Elevator(s)
  • Fitness Center
  • Heated Pool
  • Laundry
  • Library
  • Picnic Area
  • Pool
  • Sauna
  • SpaHot Tub

Utilities

  • Cable Available

Appliances

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Range
  • Microwave
  • Refrigerator
  • Trash Compactor
  • Washer
  • Electric Water Heater

Possession

  • Negotiable

Room Types

  • Convertible Bedroom
  • Den
  • Family Room
  • Florida Room
  • Game Room
  • Media Room

Dining Area

  • DiningLiving Room

Pets Allowed

  • Pet Restrictions Possible

PoolFeatures

  • Private

Restrictions

  • Other Restrictions

Listing Terms

  • Cash
  • Conventional
  • VA Loan

Pool Features

  • Private

Balcony Details

  • Balcony - Open

ParkingFeatures

  • Valet

Pets Allowed YN

  • Yes

Tax Information

  • Tax Reflects No Exemptions

Association Type

  • Condominium

ExteriorFeatures

  • Balcony
  • Barbecue

InteriorFeatures

  • Elevator
  • Entrance Foyer

Parking Features

  • Valet

SecurityFeatures

  • Elevator Secure
  • Lobby - Attended
  • Security Guard

Unit Description

  • High Rise

Exterior Features

  • Barbecue

Interior Features

  • Elevator
  • Entrance Foyer

Security Features

  • Elevator Secure
  • Lobby - Attended
  • Security Guard

Master BedroomBath

  • 2 Master Baths
  • Other

Property Condition

  • New Construction

Special Information

  • Corporate Owned

AssociationAmenities

  • Pool
  • Bar
  • Business Center
  • Clubhouse
  • Community Room
  • Elevator(s)
  • Fitness Center
  • Heated Pool
  • Laundry
  • Library
  • Picnic Area
  • Sauna
  • Spa/Hot Tub

Showing Requirements

  • Listing Agent Must Accompany
  • Showing Service

Water Heater Details

  • Electric Water Heater

Outdoor Living Spaces

  • Balcony

Construction Materials

  • Concrete Block - No Stucco

Green Energy Efficient

  • Appliances

Application Information

  • Other Approvals
  • Rapid Approval

Association Fee Includes

  • Common Areas
  • Hot Water
  • Insurance
  • Internet
  • Maintenance Grounds
  • Maintenance Structure
  • Pool Service
  • Recreation Facility
  • Security
  • Sewer
  • Trash
  • Water

Leasing Permitted Details

  • Okay To Lease
  • Okay To Lease During First Year
  • Short Term Rentals Allowed

Property Details

Property TypeResidential
StyleCondominium
Year Built2026
CountyMiami-Dade
Subdivision501 First Residences
Living Area659 sq ft
Bedrooms1
Baths2
Unit Number2211
HOA Fee$893 / Monthly
HOA IncludesRecreation Facility, Pool Service, Common Areas, Hot Water, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Security, Sewer, Trash, Water
Annual Tax$0 (2025)
Special AssessmentNo
Pets AllowedPet Restrictions Possible, Yes
Listing OfficePotential Property Group
Listing AgentCarolina Preciado
Office Phone305-260-6300

121 NE 5th Street 2211, Miami, FL 33132, Miami, FL 33132