Condo
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Beds
2
Baths
835
SQUARE FEET
Condominium
Type
2026
Built
$1,244
HOA / mo
Listing courtesy of
FL Prime LLC
Tomas Furman
MLS® #A11998848
Listing information last updated June 8, 2026
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Overview
This condo in Downtown Miami has 2 bedrooms and 2 bathrooms across 835 square feet, and is listed for sale at $995,000 (about $1,192 per square foot). Built in 2026.
Rare 2 Bed / 2 Bath at 501 First Residences, Downtown Miami’s premier new tower. Perched on the 21st floor with a SE-facing balcony, this residence offers 760 sq ft per county records, with the developer’s floor plan reflecting 835 sq ft interior + 180 sq ft balcony for 1,015 sq ft of total living area.
Open-concept layout with floor-to-ceiling impact windows, custom Italian kitchen cabinetry, premium appliances, and in-unit washer/dryer. Primary bedroom features a full en-suite bath; second bedroom and additional full bath offer ideal flexibility for guests, roommates, or maximizing rental income. No rental restrictions — Airbnb allowed from day one. Delivered fully furnished and move-in ready.
Enjoy 20,000+ sq ft of amenities: rooftop pool, hot tub, fitness center, 24/7 valet, co-working spaces, pet lounge, and media room — without condo-hotel restrictions.
Steps from Miami Worldcenter, Brightline, Kaseya Center, and world-class dining. Minutes to Brickell, Wynwood, and MIA.
The SE exposure frames iconic views of Biscayne Bay, PortMiami, and the Downtown skyline — among the most photogenic in the building. Unit is brand new and never occupied, offering true first-owner condition. With Downtown Miami’s continued growth, strong short-term rental demand, and no income restrictions, this is a rare asset that works equally well as a primary residence, second home, or income-producing investment.
Listing history
Listed for sale
Apr 10, 2026 · MIAMI MLS
$995,000
Days on market
as of today
102 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
HOA / association dues
$1,244 / mo
Association type
Homeowners
Pets
Allowed (verify restrictions)
FEMA flood zone
X
HOA dues include
All Amenities
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Building report · MCR exclusive501 First Residences — recertification, reserves, units & pricing
Property details
MLS #A11998848
Price$995,000
Size835 Square Feet
Bedrooms2
Bathrooms2
Garage1
Year built2026
TypeCondominium
StatusFor Sale
HOA$1,244 / mo
Price / Square Feet$1,192
Flood zoneX
Features & amenities
Barbeque
Closet Cabinetry
Dishwasher
Disposal
Dryer
Electric Range
Fire Sprinklers
Free-Standing Freezer
Has a View
Has Cooling System
Has Garage
Has Heating System
Has Pool
Home Owners Association
Microwave
New Construction
Open Balcony
Property Attached
Refrigerator
Self Cleaning Oven
Location
121 NE 5th ST # 2101, Miami FL 33132
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
HOA$1,244
Down (20%)—
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
Questions, answered
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 102 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.