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Paradise Realty FLA
121 NE 5th Street Unit 2101, Miami, FL 33132
- $995,000
- 2
- BD
- 2
- BA
- 835
- SqFt
- List Price
- $995,000
- MLS#
- A11998848
- Bedrooms
- 2
- Bathrooms
- 2
- Sq. Ft
- 835
- Subtype
- Condominium
- County
- Miami-Dade
- Subdivision
- 501 First Residences
- Region
- 2410
- Year Built
- 2026
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.
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Additional Information
- Hoa Fee
- $1,244
- Hoa Freq
- Monthly
- Heating
- Central
- Cooling
- Central Air
- Exterior Features
- Balcony, Barbecue, Outdoor Living Area
- Community Features
- Home Owners Association
- Flooring
- Tile
- Living Area
- 835
- Pool
- Yes
- Elementary School
- Frederick Douglass
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
- Pets Allowed
- Dogs OK, Yes
Listing courtesy of FL Prime LLC. Contact: