For sale

Price cut: $80K (6/24)

$970,000

121 NE 5th St #2401, Miami, FL 33132

2beds

760sqft

$7,850/mo

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Condominium

Built in 2025

-- sqft lot

$-- Zestimate^®

$1,276/sqft

$1,224/mo HOA

What's special

Modern finishesRooftop poolFloor-to-ceiling impact glass

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.

85 days
19
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Other

Features

Lobby, Elevator
Flooring: Other

Interior area

Total structure area: 760
Total interior livable area: 760 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: Valet, Limited # Of Vehicle
Garage spaces: 1

Features

Exterior features: None
Has view: Yes
View description: Other

Details

Parcel number: 0141010080550
Other equipment: Other

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

CBS Construction

Condition

Year built: 2025

Community & HOA

Community

Security: Elevator Secure, Security Guard, Lobby Secured
Application fee: $150
Subdivision: 501 First Residences Condo

HOA

Has HOA: Yes
Amenities included: Elevator(s), Other
HOA fee: $1,224 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $1,276/sqft
Date on market: 6/8/2026
Listing terms: All Cash,Assumable

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/24/2026	Price change	$970,000-7.6%$1,276/sqft
Source: MIAMI #A12033053 Report a problem
6/9/2026	Listed for sale	$1,050,000$1,382/sqft
Source: MIAMI #A12033053 Report a problem