About 121 Ne 5th Street #2401
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.
Features of 121 Ne 5th Street #2401
| MLS® # | A12033053 |
|---|---|
| Price | $970,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 760 |
| Year Built | 2025 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Community Information
| Address | 121 Ne 5th Street #2401 |
|---|---|
| Area | 2410 |
| Subdivision | 501 FIRST RESIDENCES CONDO |
| City | Miami |
| Building | 501 First |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33132 |
Amenities
| Amenities | Elevator(s), Other, Lobby |
|---|---|
| Parking | Valet |
| # of Garages | 1 |
| View | Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Elevator |
|---|---|
| Appliances | Other |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 40 |
Exterior
| Exterior Features | None |
|---|---|
| Construction | CBS |
School Information
| Elementary | Frederick Douglass |
|---|---|
| Middle | Jose De Diego |
| High | Booker T. Washington |
Additional Information
| Date Listed | June 8th, 2026 |
|---|---|
| Days on Market | 89 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 1224 |
| HOA Fees Freq. | Monthly |
| Tax Year | 2025 |
Listing Details
| Office | BHHS EWM Realty |
|---|