10 photos
For SaleCondominiumNew construction

121 NE 5th Street 2101, Miami, FL 33132

Miami, FL, 33132

$995,000

Listing courtesy of FL Prime LLC

2 bd · 2 ba · 835 sq ft

200 days on market Updated Oct 27, 2026

2

Bedrooms

2

Bathrooms

835

Square feet

2026

Year built

$1,192

$ / sq ft

About 121 NE 5th Street 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

Property Type

Condominium

Status

for-sale

Price

$995000

Interior

Bedrooms

2

Bathrooms

2

Square Feet

835 sq ft

Exterior & Lot

Year Built

2026

Finance & HOA

Price / sq ft

$1192

Original List Price

$995000

Property Details

Property

On marketApr 9, 2026
Property typeResidential
Home typeCondominium
New constructionYes
Property conditionNew Construction
List dateApr 9, 2026
Contract status change dateApr 9, 2026

Interior

CoolingCentral Air
HeatingCentral
FlooringTile
CoolingYes
FurnishedFurnished
HeatingYes
AppliancesDryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Microwave, Oven, Refrigerator
Rooms0
Pets allowedYes, Dogs OK
Stories40
Interior featuresElevator, Closet Cabinetry
SecurityClosed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Security Guard, Key Card Entry, Smoke Detector(s), Security System, Security Patrol

Exterior & Lot

ViewSkyline, Water, Bay
GarageYes
Garage spaces1
PoolPrivate
WaterfrontNo
Covered spaces1
ParkingValet, Garage, Detached Garage, Detached
Attached garageNo
Exterior featuresBarbecue, Balcony
Patio & porchPorch - Open, Porch

Finance, Tax & HOA

Tax year2025
PossessionClose Of Escrow, Negotiable
HOAYes
HOA fee$1,244
Annual taxes$0
Original list price$995,000
Tax legal description501 FIRST RESIDENCES CONDO UNIT 2101 OFF REC 35067-4463
Association amenitiesElevator(s), Fitness Center, Other, Picnic Area, Pool, Spa/Hot Tub, Business Center, Community Room, Heated Pool, Kitchen Facilities, Maintenance
HOA frequencyMonthly

Price & status history

Status: For SaleApr 10, 2026
Last change (New listing)Apr 10, 2026

Location

High schoolBooker T. Washington
MLS area2410
Subdivision501 First Residences
Elementary schoolFrederick Douglass
Middle schoolJose De Diego

Additional Information

Listing termsCash, Conventional, FHA
Occupant typeCall Listing Agent
Parcel number0141010080520
Approval statusYes
Senior communityNo
Delayed marketingNo

Tours & Media

Virtual tours

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Frequently asked questions

How many bedrooms does this home have?+

This home has 2 bedrooms.

How many bathrooms does this home have?+

This home has 2 bathrooms.

How big is this home?+

This home offers about 835 square feet of living space.

How much does this home cost?+

This home is listed at $995000.

What type of property is this?+

This is a condominium listing.

When was this home built?+

This home was built in 2026.

Where is this home located?+

This home is located in Miami, FL.

What is the price per square foot?+

The price works out to about $1192 per square foot.

Contact about this property

L

Lily

Mutti Real Estate

FL Lic. #3214903

Listing office contact: 786-232-3640

MLS# A11998848 · Last updated Oct 27, 2026