About This Home

This 2-bedroom, 2-bathroom condo at 121 NE 5th St #2401 in Miami, FL is listed for $970,000 ($1,276 per sqft). Built in 2025, the home offers 760 sqft of living space on a N/A lot.

Key Features

  • Built in 2025

Property Details

2 full
#2401
2025

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$6,412/mo

20% down · 6.5% · 30 years

Principal$702
Interest$4,203
Insurance$283
HOA$1,224

Estimates only. Actual payments may vary.

Location

121 NE 5th St #2401

Miami, FL 33132

501 FIRST RESIDENCES CONDO

Features & Amenities

Interior Features

Bedroom on Main LevelElevator

Property Details

Construction

Block

Parking

Valet

Heating

Central

Cooling

Central Air

Questions & Answers

This 2-bedroom, 2-bathroom condo at 121 NE 5th St is listed at $970,000 ($1,276/sqft). The estimated monthly payment is $6,412 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1224/month.

Key features include: Built in 2025. Interior Features: Bedroom on Main Level, Elevator.

This property is listed by Marla Rivas and can be reached at 7863178285.

MR

Marla Rivas

License 3128720

Agent at BHHS EWM Realty

(786) 317-8285

Listed by BHHS EWM Realty · Broker phone: (305) 960-2587 · View on Broker Site

MLS# A12033053· Source: Miami REALTORS®· 105 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

121 NE 5th St #2401, Miami, FL 33132

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