Home121 NE 5th Street 2101, Miami, FL 33132

Residential in Miami

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 Highlights

View

  • Water
  • Skyline
  • Bay

Cooling

  • Central Air

Heating

  • Central

Flooring

  • Tile

Amenities

  • Business Center
  • Community Room
  • Elevator(s)
  • Fitness Center
  • Heated Pool
  • Kitchen Facilities
  • Picnic Area
  • Pool
  • SpaHot Tub
  • Other

Appliances

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Range
  • Free-Standing Freezer
  • Microwave
  • Oven
  • Refrigerator

Possession

  • Close Of Escrow
  • Negotiable

Water View

  • Bay

Pets Allowed

  • Dogs OK

PoolFeatures

  • Private

Listing Terms

  • Cash
  • Conventional
  • FHA

Pool Features

  • Private

Porch Details

  • Porch - Open

Balcony Details

  • Balcony - Open

ParkingFeatures

  • Detached
  • Detached Garage
  • Garage
  • Valet

Pets Allowed YN

  • Yes

Tax Information

  • New Construction

Association Type

  • Homeowner Association

ExteriorFeatures

  • Balcony
  • Barbecue

InteriorFeatures

  • Closet Cabinetry
  • Elevator

Parking Features

  • Valet
  • Detached
  • Detached Garage
  • Garage

SecurityFeatures

  • Closed Circuit Camera(s)
  • Fire Alarm
  • Fire Sprinkler System
  • Key Card Entry
  • Security Guard
  • Security Patrol
  • Security System
  • Smoke Detector(s)

Unit Description

  • High Rise

Exterior Features

  • Barbecue

Interior Features

  • Closet Cabinetry
  • Elevator

Security Features

  • Closed Circuit Camera(s)
  • Fire Alarm
  • Fire Sprinkler System
  • Key Card Entry
  • Security Guard
  • Security Patrol
  • Security System
  • Smoke Detector(s)

Master BedroomBath

  • 2 Master Baths
  • Bedroom On Entry Level
  • Separate Shower

Property Condition

  • New Construction

AssociationAmenities

  • Maintenance
  • Pool
  • Business Center
  • Community Room
  • Elevator(s)
  • Fitness Center
  • Heated Pool
  • Kitchen Facilities
  • Picnic Area
  • Spa/Hot Tub
  • Other

Showing Requirements

  • 24 Hour Notice
  • Showing Service

Association Amenities

  • Maintenance

Outdoor Living Spaces

  • Balcony
  • Porch

PatioAndPorchFeatures

  • Porch - Open
  • Porch

Application Information

  • Rapid Approval

Leasing Permitted Details

  • Okay To Lease
  • Short Term Rentals Allowed

Property Details

Property TypeResidential
StyleCondominium
Year Built2026
CountyMiami-Dade
Subdivision501 First Residences
Living Area835 sq ft
Bedrooms2
Baths2
Unit Number2101
HOA Fee$1,244 / Monthly
Annual Tax$0 (2025)
Pets AllowedDogs OK, Yes
Listing OfficeFL Prime LLC
Listing AgentTomas Furman
Office Phone786-232-3640

121 NE 5th Street 2101, Miami, FL 33132, Miami, FL 33132