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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
Price: $995,000
Sq Ft: 835
($1,192 per
sqft)
Bedrooms: 2
Bathrooms: 2
Unit On Floor: 21
City: Miami
County: Miami-Dade
Type: Condo
Development: 501 First Residences
Virtual Tour/Floorplan:
View
Year Built: 2026
Listing Number: A11998848
Status Code: A-Active
Tax Year: 2025
Application Fee: $150.00
Garage:
1
Furnishings: Furnished
Pets Allowed: Yes, Dogs OK
Interior Features:
Elevator
Closet Cabinetry
Amenities:
Elevator(s)
Fitness Center
Other
Picnic Area
Pool
Spa/Hot Tub
Business Center
Community Room
Heated Pool
Kitchen Facilities
Maintenance
Financial Information:
Tax Year: 2025
Association Fee: $1,244.00
Association Fee Frequency: Monthly
Exterior Features:
Barbecue
Balcony
Porch - Open
Porch
Equipment:
Dryer
Disposal
Dishwasher
Electric Range
Free-Standing Freezer
Microwave
Oven
Refrigerator
View:
Skyline
Water
Bay
School Information:
Elementary School: Frederick Douglass
Middle School: Jose De Diego
Junior High: Jose De Diego
High School: Booker T. Washington
Additional Information:
MLS Area: 2410
Price per Square Feet: $1,191.61
Total Floors: 40
Date Listed: 2026-04-10 00:00:00
Pool Description: Private
Furnished: Furnished
Parking: Valet, Garage, Detached Garage, Detached
Garage Spaces: 1
Flooring: Tile
Heating: Central
Cooling: Central Air
Security: Closed Circuit Camera(S), Fire Alarm, Fire Sprinkler System, Security Guard, Key Card Entry, Smoke Detector(S), Security System, Security Patrol
Pets: Yes, Dogs Ok
Parcel ID: 0141010080520
Amenities: Elevator(S), Fitness Center, Other, Picnic Area, Pool, Spa/Hot Tub, Business Center, Community Room, Heated Pool, Kitchen Facilities, Maintenance
Map of 121 Ne 5Th St #2101, Miami, FL 33132
Listing Courtesy Of: Fl Prime Llc
tomasnfurman@gmail.com