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Exceptional investment opportunity at 501 First Residences, a newly delivered luxury tower in the heart of Downtown Miami. This high-floor 2BR/2BA residence offers modern finishes, floor-to-ceiling impact glass, a private balcony with skyline views, and a turnkey layout ideal for income production. The building is designed for flexible short-term rentals, allowing daily or short stays, making it highly attractive for Airbnb -style income strategies. Strong demand from tourist, business travelers, and the Miami World center district supports consistent occupancy potential. Residents enjoy resort-style amenities including rooftop pool, fitness center, co-working spaces, concierge, and 24 hour security. Unbeatable location steps form Miami Worldcenter, Brightline, Kaseya Center, Bayfront Park, etc.
Property Details
Price: $970,000
Sq Ft: 760
($1,276 per
sqft)
Bedrooms: 2
Bathrooms: 2
Unit On Floor: 24
City: Miami
County: Miami-Dade County
Type: Condo
Development: 501 First Residences Condo
Year Built: 2025
Listing Number: A12033053
Status Code: A-Active
Tax Year: 2025
Garage:
1
Pets Allowed: No
Interior Features:
Lobby
Elevator
Amenities:
Elevator(s)
Other
Financial Information:
Tax Year: 2025
Association Fee: $1,224.00
Association Fee Frequency: Monthly
Exterior Features:
None
Equipment:
Other Equipment/ Appliances
View:
Y
Additional Information:
Building Description: High Rise
MLS Area: 501 First Residences Condo
Total Square Footage: 760
Total Floors: 40
Construction: C B S Construction
Date Listed: 2026-06-08 00:00:00
Parking: Valet, Limited # Of Vehicle
Garage Spaces: 1
Flooring: Other
Heating: Central
Cooling: Central Air
Security: Elevator Secure, Guard At Site, Lobby Secured
Pets: No
Restrictions: Ok To Lease
Amenities: Elevator(S), Other
Map of 121 Ne 5Th St # 2401, Miami Fl 33132
Listing Courtesy Of: Bhhs Ewm Realty
rivas.m@ewm.com