About 121 Ne 5th Street #2101
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.
Features of 121 Ne 5th Street #2101
| MLS® # | A11998848 |
|---|---|
| Price | $995,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 835 |
| Year Built | 2026 |
| Type | Residential |
| Sub-Type | Condo/Co-Op |
| Status | Active |
Community Information
| Address | 121 Ne 5th Street #2101 |
|---|---|
| Area | 2410 |
| Subdivision | 501 First Residences |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33132 |
| HOPA | No Hopa |
Amenities
| Amenities | Elevator(s), Fitness Center, Other, Picnic Area, Pool, Spa/Hot Tub, Business Center, Community Room, Heated Pool, Kitchen Facilities, Maintenance |
|---|---|
| Parking | Valet, Garage, Detached Garage, Detached |
| # of Garages | 1 |
| View | Skyline, Water, Bay |
| Is Waterfront | No |
| Has Pool | No |
| Pool | Private |
| Subdivision | Elevator(s), Fitness Center, Other, Picnic Area, Pool, Spa/Hot Tub, Business Center, Community Room, Heated Pool, Kitchen Facilities, Maintenance |
Interior
| Interior Features | Elevator, Closet Cabinetry |
|---|---|
| Appliances | Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Microwave, Oven, Refrigerator |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 40 |
Exterior
| Exterior Features | Barbecue, Balcony |
|---|
School Information
| Elementary | Frederick Douglass |
|---|---|
| Middle | Jose De Diego |
| High | Booker T. Washington |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 1244 |
Listing Details
| Office | FL Prime LLC |
|---|
