Overview
Description
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.
Virtual Tour
Address
- Street121 5th St #2401
- CityMiami
- Subdivision501 FIRST RESIDENCES CONDO
- CountyMiami-Dade County
- StateFL
- Zip33132
- MLS #A12033053
Interior
Exterior
- Exterior FeaturesNone
- Garage Spaces1
- GarageYes
- Lot Size Square Feet0
- Lot Size UnitsSquare Feet
- Parking FeaturesValet, Limited # Of Vehicle
- ViewOther View
- ViewYes
Structure
- Property AttachedYes
- Stories Total40
- Structure TypeCondo 5+ Stories, Condo
- Year Built2025
- Year Built DetailsResale
Financial
- Other Expense0
- Parcel Number01-41-01-008-0550
- Pets AllowedNo
- Public Survey Range41
- Public Survey Section1
- Public Survey Township41
- Tax Annual Amount0
- Tax Legal Description501 FIRST RESIDENCES CONDO, UNIT 2401
- Tax Year2025
Location
- MLS Area Major501 First Residences Condo
- Number Of Units In Community448
- Postal Code33132
- Postal Code Plus42627
- Street Direction PrefixNE
- Street Name5th St
- Street Number121
- Street Number Numeric121
- Subdivision Name501 FIRST RESIDENCES CONDO
- Unit Number2401
- Unparsed Address121 NE 5th St # 2401, Miami FL 33132
Features & Amenities
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Marla Rivas
Listing Agent · BHHS EWM Realty
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