Premier Brokers International
121 NE 5th Street 2101, Miami, FL 33132
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A11998848
$995,000

121 NE 5th Street 2101, Miami, FL 33132

Beds
2
Baths
2
Sqft
835
Est. payment$6,905/mo
Home type
Condominium
Year built
2026
Lot size
—
Price / sqft
$1,192
HOA
$1,244/mo
Community
501 First Residences

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.

Listing activity

Days on market
172
Listed
Apr 10, 2026
MLS listing updated
1 hour ago
Feed last checked
12 minutes ago

Listed by Tomas Furman · FL Prime LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
2
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2

Rooms & features

Rooms
0
Interior features
Closet Cabinetry, Elevator
Flooring
Tile
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Free-Standing Freezer, Microwave, Oven, Refrigerator
Furnished
Furnished

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
1
Garage
Yes
Covered spaces
1
Parking features
Detached, Detached Garage, Garage, Valet
Attached garage
No

Exterior

Stories
40
Patio & porch
Porch - Open, Porch
Exterior features
Balcony, Barbecue
Pool features
Private
View
Bay, Water, Skyline
Waterfront property
No
Construction

Type & style

Home type
Condominium
Year built
2026
New construction
Yes

Materials

Property condition
New Construction
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
501 First Residences
MLS area
2410
Security
Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Key Card Entry, Security Guard, Security Patrol, Security System, Smoke Detector(s)
Pets allowed
Dogs OK, Yes
55+ community
No

Association

Has association
Yes
Association fee
$1,244 monthly
Estimated monthly dues
$1,244
Amenities
Maintenance, Pool, Business Center, Community Room, Elevator(s), Fitness Center, Heated Pool, Kitchen Facilities, Picnic Area, Spa/Hot Tub, Other
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33132
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11998848
Possession
Close Of Escrow, Negotiable
Original list price
$995,000
Parcel number
0141010080520
Annual property tax
$0
Tax year
2025
Tax legal description
501 FIRST RESIDENCES CONDO UNIT 2101 OFF REC 35067-4463
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Pool, Business Center, Community Room, Elevator(s), Fitness Center, Heated Pool, Kitchen Facilities, Picnic Area, Spa/Hot Tub, Other
Association Fee Frequency
Monthly
Association
Yes
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
County Or Parish
Miami-Dade
Days On Market
172
Elementary School
Frederick Douglass
High School
Booker T. Washington
List Price
995000
Listing Contract Date
2026-04-10
Living Area
835
MLSArea Major
2410
Middle Or Junior School
Jose De Diego
Mls Status
Active
On Market Date
2026-04-10
Patio And Porch Features
Porch - Open, Porch
Photos Count
35
Postal Code
33132
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Key Card Entry, Security Guard, Security Patrol, Security System, Smoke Detector(s)
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-04-10T04:00:00Z
Stories Total
40
Subdivision Name
501 First Residences
Tax Annual Amount
0
Bathrooms Full
2
Bedrooms Total
2
Waterfront
No
Financial Information: Estimated Monthly Assoc Recurring Fee
1244

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Apr 10, 2026ListedMIAMI REALTORS® MLS$995,000$1,192/sqft

Public tax history

YearProperty taxesAssessment
2025$0—

Payment calculator

Estimated monthly payment$6,905/moIllustrative estimate, not a loan offer.
Principal & interest
$5,163
Property taxes
$0
Insurance
$498
Association dues
$1,244

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

501 First Residences

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frederick DouglassElementary
—
Jose De DiegoMiddle
—
Booker T. WashingtonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of FL Prime LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.