121 NE 5th ST # 2101, Miami FL 33132, Miami
$995,000
Miami, FL, 33132
Property details
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 835 sqft
- Year built
- 2026
- Type
- Condominium
- Association fee
- $1,244 / monthly
- Days on market
- 104
- MLS #
- A11998848
Listing courtesy of FL Prime LLC · 786-232-3640. Listing agent: Tomas Furman. MLS data last updated 2026-07-23.
Description
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.
121 NE 5th ST # 2101, Miami FL 33132, Miami — for sale, listed for $995,000 (2 bed, 2 bath, 835 sqft).
220 2-bed listings for sale in 33132 · median $799,500.
Browse this price segment
n=2,651 · 2026-08-13 · Methodology
Availability in 501 First Residences
58 listings are currently active in this building across 53 distinct units (31 × 1-bed, 8 × 2-bed, 19 × studio).
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Run the numbers
Local market report
ZIP vs city price level
Active listings like this in ZIP 33132 show a median asking $643/sqft — 42.9% above the Miami median asking of $450/sqft.
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Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Current market segment
Right now: 220 active 2-bed listings for sale in 33132, median asking price $799,500, median $643/sqft.
n=220 · 2026-08-13 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-08-13 · Methodology
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