121 NE 5th ST # 2101, Miami, FL 33132

Description of 121 NE 5th ST # 2101, Miami, FL 33132

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 for 121 NE 5th ST # 2101, Miami, FL 33132

Bathrooms Full

2

Interior Features

Closet Cabinetry, Fire Sprinklers

Appliances

Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Free-Standing Freezer

Flooring

Tile

Heating

Central

Cooling

Central Air

Furnished

Furnished

Architectural Style

High Rise

Garage Spaces

1

Attached Garage

No

Parking Features

Valet

Pool Private

Yes

Year Built Details

New Construction

Property Condition

New Construction

Building Information for 121 NE 5th ST # 2101, Miami, FL 33132

Building Name

501 First Residences

Building Area Units

Square Feet

Stories Total

40

Entry Level

21

Association

Yes

Association Fee

$1,244

Association Fee Frequency

Monthly

Association Amenities

Barbecue, Business Center, Community Room, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Other, Pool, Private Pool, Spa/Hot Tub

Pets Allowed

Dogs OK

Security Features

Fire Sprinklers, Fire Alarm, Smoke Detector, Card Entry, Guard At Site, Lobby Secured, Security Patrol, TV Camera

Property Information for 121 NE 5th ST # 2101, Miami, FL 33132

Waterfront

No

View

Bay, Skyline, Water View

Exterior Features

Barbeque, Open Balcony

New Construction

Yes

Public Records for 121 NE 5th ST # 2101, Miami, FL 33132

Parcel Number

01-41-01-008-0520

Tax Annual Amount

0

Tax Year

2025

Tax Legal Description

501 FIRST RESIDENCES CONDO UNIT 2101 OFF REC 35067-4463

County Or Parish

Miami-Dade County

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