121 NE 5th St # 2211, Miami, FL 33132

About 121 NE 5th St # 2211, Miami, FL 33132

Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami’s newest short-term-rental–friendly tower in the heart of Downtown. This modern residence features an open layout, floor-to-ceiling impact windows, a sleek European kitchen with premium appliances, and a spacious den that functions as a second sleeping area or office. The private balcony offers city views and abundant natural light. Enjoy resort-style amenities including a rooftop pool with panoramic skyline views, state-of-the-art fitness center, coworking spaces, social lounges, and 24/7 concierge. STR/Airbnb allowed from day one, making it ideal for investors seeking high occupancy and strong returns. Unbeatable location: steps from MiamiCentral Brightline Station, Miami Worldcenter, Bayside, Kaseya Center, museums, dining, and retail. Quick access to Brickell, Wynwood, Miami Beach, and MIA Airport. Move-in ready, fully flexible, and perfectly positioned for both living and investment.

How This Listing Compares in Miami

Per square foot, it is asking 124% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 121 NE 5th St # 2211, Miami, FL 33132

Bathrooms Full

2

Interior Features

Elevator, Entrance Foyer, Den/Library/Office, Family Room, Florida Room, Media Room, Recreation Room

Appliances

Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Trash Compactor, Washer

Flooring

Ceramic Floor

Heating

Central

Cooling

Central Air

Architectural Style

High Rise

Garage Spaces

0

Parking Features

Valet

Pool Private

Yes

Year Built Details

New Construction

Property Condition

New Construction

The Building at 121 NE 5th St # 2211, Miami, FL 33132

Building Name

501 First Residences

Building Area Units

Square Feet

Stories Total

40

Entry Level

22

Association

Yes

Association Fee

$893

Association Fee Frequency

Monthly

Association Amenities

Bar, Barbecue, Business Center, Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Exercise Room, Heated Pool, Library, Pool, Private Pool, Sauna, Spa/Hot Tub

Pets Allowed

Restrictions Or Possible Restrictions

Security Features

Doorman, Elevator Secure, Guard At Site

Lot, Views & Construction at 121 NE 5th St # 2211, Miami, FL 33132

Lot Size Square Feet

0

Waterfront

No

View

Other View, Skyline

Construction Materials

Concrete Block With Brick

Exterior Features

Barbeque, Open Balcony

New Construction

Yes

Taxes & Public Record for 121 NE 5th St # 2211, Miami, FL 33132

Parcel Number

01-01-06-020-1150

Tax Annual Amount

0

Tax Year

2,025

Tax Legal Description

501 First Residences

County Or Parish

Miami-Dade County

Map & Neighborhood