Home›121 NE 5th Street 2401, Miami, FL 33132

Residential in Miami

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.

Property Highlights

View

  • Other

Cooling

  • Central Air

Heating

  • Central

Flooring

  • Other

Amenities

  • Elevator(s)
  • Lobby
  • Other

Appliances

  • Other

Possession

  • Other

Restrictions

  • Limited # Vehicles

Listing Terms

  • Assumable
  • Cash

Other Equipment

  • Other

ParkingFeatures

  • Valet

Pets Allowed YN

  • No

Tax Information

  • Tax Reflects No Exemptions

Association Type

  • Condominium
  • Other

ExteriorFeatures

  • None

InteriorFeatures

  • Elevator

Main Living Area

  • Other Main Living Area

Parking Features

  • Valet

SecurityFeatures

  • Elevator Secure
  • Security Guard
  • Security System

Unit Description

  • High Rise

Exterior Features

  • None

Interior Features

  • Elevator

Security Features

  • Elevator Secure
  • Security Guard
  • Security System

Master BedroomBath

  • Bedroom On Entry Level

Property Condition

  • Resale

Special Information

  • Sold As-Is

AssociationAmenities

  • Elevator(s)
  • Lobby
  • Other

Showing Requirements

  • Call Listing Agent

Boat and Dock Features

  • Deeded Dock

Construction Materials

  • CBS

Application Information

  • 1-2 Weeks Approval

Leasing Permitted Details

  • Okay To Lease

Property Details

Property TypeResidential
StyleCondominium
Year Built2025
CountyMiami-Dade
Subdivision501 FIRST RESIDENCES CONDO
Building / Complex12
Living Area760 sq ft
Bedrooms2
Baths2
Half Baths0
Unit Number2401
HOA Fee$1,224 / Monthly
Annual Tax$0 (2025)
Special AssessmentNo
Pets AllowedNo
Listing OfficeBHHS EWM Realty
Listing AgentMarla Carolina Rivas
Office Phone305-361-5600

121 NE 5th Street 2401, Miami, FL 33132, Miami, FL 33132