$970,000
CondominiumActive121 NE 5th St # 2401, Miami FL 33132
MLS #A12033053About This Property
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.
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Blue Mar Real Estate Group
About Downtown Miami
Downtown Miami has transformed into a dense urban neighborhood with Kaseya Center (home of the Miami Heat), Bayside Marketplace, the Perez Art Museum, Frost Science Museum, and Bayfront Park within walking distance of each other. The Miami Riverwalk connects downtown to Brickell along the water, and the Metromover provides free transit throughout the core. Condos range from new construction towers to renovated historic buildings, attracting first-time buyers, investors, and downtown professionals.
Property Details
Property Type
Condominium
Year Built
2025
Living Area
760 sq ft
Bedrooms
2
Bathrooms
2
Garage
1 Space
Pool
No
Waterfront
No
Cooling
Central Air
Heating
Central
Flooring
Other
Construction
CBS Construction
Style
High Rise
HOA Fee
$1,224 / Monthly
Days on Market
16
MLS #
A12033053
Features & Amenities
Interior
Appliances
Exterior
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes in Downtown Miami
Location
City
Miami
State
FL
ZIP Code
33132
County
Miami-Dade County
Listing provided by Marla Rivas at BHHS EWM Realty. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12033053.