Property 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.
Details
| List Price: | $995,000 |
|---|---|
| Unit: | # 2101 |
| Address: | 121 5th ST #2101 Miami FL 33132 |
| Bedrooms: | 2 |
| Bathrooms: | 2 |
| Living Area (f2): | 835 |
| Living Area (M2): | 78 |
| Year Built: | 2026 |
| Waterfront: | n/a |
|---|---|
| Taxes: | TBD |
| Association Fee: | $1,244 (Monthly) |
| Complex: | 501 First Residences |
| Days On Market: | 55 days |
| Pets Allowed: | Yes: Dogs OK |
| Parking Spaces: | 1 |
| Parking Features: | Valet |
Property Amenities
Building Amenities
- Barbecue
- Business Center
- Community Room
- Elevator(s)
- Exercise Room
- Heated Pool
- Kitchen Facilities
- Other
- Pool
- Private Pool
- Spa/Hot Tub
Appliances
- Dishwasher
- Disposal
- Dryer
- Free-Standing Freezer
- Microwave
- Electric Range
- Refrigerator
- Self Cleaning Oven
Interior Features
- Closet Cabinetry
- Fire Sprinklers
Exterior Features
- Barbeque
- Open Balcony
Security Features
- Fire Sprinklers
- Fire Alarm
- Smoke Detector
- Card Entry
- Guard At Site
- Lobby Secured
- Security Patrol
- TV Camera
