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121 NE 5th Street 2401Miami, FL 33132

For Sale

$1,050,000

Smart Buyer Rebate $10,500

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.

Listed by Marla C Rivas

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License #3128720

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BHHS EWM Realty

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7863178285

Last updated June 09, 2026

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Source: BeachesMLS #A12033053

Listing Facts

  • TypeCondo
  • NeighborhoodMiami Central Business District
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu53
  • HOA/Maint. Fees$150/month
  • Size760 sqft
  • Price per sqft$1,382

Amenities

  • Elevator
  • Parking

Location

Mortgage Calculator

Listing History

06/08/2026
Listed by BHHS EWM Realty
$1,050,000

Property Details for 121 NE 5th Street 2401

Association

Amenities

  • Association Amenities: Elevator(s), Other
  • Community Features: Other
  • Pets Allowed: No

Fees

  • Association Fee: $150.00 Monthly

General

  • Number Of Units In Community: 448

Exterior

Construction

  • Stories Total: 40
  • Year Built: 2025
  • Building Name: 12
  • Construction Materials: Block
  • Entry Level: 24

Features

  • View: Other

Measurements

  • Building Area Total: 760

Financial

Taxes

  • Parcel Number: 0141010080550
  • Tax Year: 2025

Interior

Features

  • Flooring: Other
  • Interior Features: Elevator

Measurements

  • Living Area: 760

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2

Other

Location

  • Subdivision Name: 501 FIRST RESIDENCES CONDO

Parking

Parking

  • Other Parking: Carport Spaces:0.00
  • Parking Features: Valet

Schools

Elementary School

  • Elementary School: Frederick Douglass

High School

  • High School: Booker T. Washington

Middle or Junior School

  • Middle Or Junior School: Jose De Diego

Utilities

Equipment

  • Cooling: Other
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Other Equipment: Other

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 121 NE 5th Street 2401.

What schools are nearby to 121 NE 5th Street 2401?

Nearby schools include the Frederick Douglass Elementary School, Jose De Diego Middle School, and Booker T. Washington High School.

How does 121 NE 5th Street 2401 compare to other condos in Miami Central Business District?

This condo is listed 9% below the average price for condos in Miami Central Business District and has been on the market for 86 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the 12 building.

What is the square footage on this condo?

According to the MLS, this listing is 760 sqft.

121 NE 5th Street 2401 is a 2-bedroom, 2-bath condo for sale in Miami FL 33132. Available on Prevu for 53 days at $1,050,000. This home features 760 square feet of living space, located in Miami Central Business District. The median listing price for condos in this area is $599,000. Nearby schools include Frederick Douglass Elementary School, Jose De Diego Middle School, and Booker T. Washington High School. The home offers elevator and parking. View other condo listings in Miami.

Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.