$850,000
2 bd · 3 ba · 1,498 sqft
851 NE 1st Ave # 1808, Miami, FL 33132
Paramount Miami World Cen
121 NE 5th St # 2401, Miami, FL 33132
$970,0002 Beds2 Baths760 Sq. Ft.$1,276 / sq. ft.
Miami, FL 33132 · 501 FIRST RESIDENCES COND
Status
Active
Type
Condominium
Year Built
2025
Days on Market
79
MLS #
A12033053
County
Miami-Dade County
Listing Remarks — 121 NE 5th St # 2401, Miami, FL 33132
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.
Inside the Residence: 121 NE 5th St # 2401, Miami, FL 33132
- Bathrooms Full
- 2
- Bathrooms Half
- 0
- Interior Features
- Lobby, Elevator
- Appliances
- Other Equipment/Appliances
- Flooring
- Other
- Heating
- Central
- Cooling
- Central Air
- Architectural Style
- High Rise
- Garage Spaces
- 1
- Parking Features
- Valet, Limited # Of Vehicle
- Pool Private
- No
- Year Built Details
- Resale
Building & Association Facts — 121 NE 5th St # 2401, Miami, FL 33132
- Building Name
- 501 FIRST RESIDENCES COND
- Building Area Total
- 760
- Building Area Units
- Square Feet
- Stories Total
- 40
- Entry Level
- 24
- Association
- Yes
- Association Fee
- $1,224
- Association Fee Frequency
- Monthly
- Association Amenities
- Elevator(s), Other
- Pets Allowed
- No
- Security Features
- Elevator Secure, Guard At Site, Lobby Secured
Site, Views & Construction — 121 NE 5th St # 2401, Miami, FL 33132
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- Other View
- Construction Materials
- CBS Construction
- Exterior Features
- None
- New Construction
- No
Tax & Parcel Record — 121 NE 5th St # 2401, Miami, FL 33132
- Parcel Number
- 01-41-01-008-0550
- Tax Annual Amount
- 0
- Tax Year
- 2,025
- Tax Legal Description
- 501 FIRST RESIDENCES CONDO, UNIT 2401
- County Or Parish
- Miami-Dade County
On the Map
121 NE 5th St # 2401, Miami, FL 33132 · More homes in Miami
Courtesy of BHHS EWM Realty
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Quick Facts: 121 NE 5th St # 2401, Miami, FL 33132
Listing summary: condo for sale at 121 NE 5th St # 2401, Miami, FL 33132. It came to market on June 8, 2026 through BHHS EWM Realty. Public schools here fall under Miami-Dade County Public Schools. Layout: 2-bed, 2-bath, 760 sqft, in a structure dating to 2025.