- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes
$970,000
Monthly Est:$4,828
2 Beds
2 Baths2 full baths
760sqft
121 NE 5th Street #2401, Miami, FL 33132
$970,000
$4,828/moEst:
Get Pre-Approved
Condominium
Built in 2025
$1,224/mo HOA
-- sqft lot
$1,276/sq.ft
Description
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.
- Houzeo last checked: 2 hours ago
- Listing updated: October 27, 2026 at 8:13 am
- Listing Provided by: Marla Carolina Rivas DRE #3128720 | BHHS EWM Realty (305) 361-5600
- Source: Beaches MLS-FL | MLS#: A12033053
This condo is in:
Hot Tub / Spa
Pool Cabana
Sauna / Steam Room
Bike Storage & Maintenance
Billiards Room
Business Center
Clubhouse
Community Kitchen
Fitness Center
Recreation FacilitiesProperty Details
Status
Active
Type
Condominium
No. of Stories
40
County
City
Neighborhood
Year Built
2025
HOA Fees
$1224/mo
Finished Area
760 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
A12033053
MLS Status
Active
Days on Market
140
Cumulative Days on Market
107
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
HOA Management
N/A
HOA Fees
$1,224/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Elevator
Other
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Interior
Cooling
Central Air
Interior Features
Bedroom On Main Level, Elevator
Flooring
Other
Heating
Central
Exterior Features
None
Construction
Year Built
Year Built: 2025
Home type
Condominium
Property Condition
Resale
Construction Materials
Block
Utilities & Energy
Association Amenities
Elevators, Other
Security Features
Security System, Elevator Secured, Security Guard
Parking Features
Valet
Other Features
Community Features
Other
Subdivision Name
501 First Residences Condo
Price History
| Date | Event | Price |
|---|---|---|
06/08/2026 Source: | Price Increased | $1,050,000 +8.25% $1,382/sqft |
06/08/2026 Source: | Off Market | $970,000 $1,276/sqft |
06/08/2026 Source: | Listed for Sale | $970,000 $1,276/sqft |
Getting Around 121 NE 5th Street
Bike Score®
Very Bikeable
76/100
Walk Score®
Walker's Paradise
96/100
Transit Score®
Rider's Paradise
100/100
Data provided by Redfin
Nearby Homes
Find Homes by Property Features in Miami, FL
Nearby New Homes For Sale
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.
Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC
