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.
Listing Provided Courtesy of BHHS EWM Realty at 305-361-5600
Property Details
Price:
$970,000
MLS #:
A12033053
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
501 FIRST RESIDENCES CONDO
Neighborhood:
2410
Listed Date:
Aug 26, 2026
Finished Sq Ft:
760
Total Sq Ft:
760
Year Built:
2025
See this Listing
Schools
Elementary School:
Frederick Douglass
Middle School:
Jose De Diego
High School:
Booker T. Washington
Interior
Appliances
Other
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Other
Heating
Central
Interior Features
Elevator
Exterior
Association Amenities
Elevator(s), Lobby, Other
Construction Materials
CBS
Covered Spaces
1
Exterior Features
None
Garage Spaces
1
Parking Features
Valet
Security Features
Elevator Secure, Security Guard, Security System
View
Other
Financial
HOA Fee
$1,224
HOA Fee Frequency
Monthly
Tax Year
2025
Map
Community
- Address121 NE 5th Street 2401 Miami FL
- Subdivision501 FIRST RESIDENCES CONDO
- CityMiami
- CountyMiami-Dade
- Zip Code33132
Market Summary
Property Summary
- Located in the 501 FIRST RESIDENCES CONDO subdivision, 121 NE 5th Street 2401 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $970,000 and features 2 beds, 2 baths, and has approximately 760 square feet of living space, and was originally constructed in 2025. The current price per square foot is $1,276. The average price per square foot for Condo listings in Miami is $693. The average listing price for Condo in Miami is $984,053.
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