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3D tour

121 NE 5th St #2211

$585,000

1 bd · 2 ba · 659 sqft · 501 First Residences · Downtown

17% below 501 First Residences’s asking median $/sqftPrice cut -7% · was $630,888
Negotiation read: On the market 162 days — longer than this building’s typical ~96 · Already reduced 7% from the original ask.
Status
For sale
Price per sqft
$888/sqft
HOA
$893/mo
Year built
2026
Floor
22
Parking
0
Furnished
—
View
Other View, Skyline
Waterfront
No
Days on market
162
Listed
Apr 6, 2026
MLS #
A11985345

Highlights from the listing

Pulled from the MLS description. Verify with the listing agent.

Airbnb-ready

“STR/Airbnb allowed from day one”

About this unit

This brand-new one-bedroom plus den residence at 501 First Residences features two full bathrooms and an open layout. The interior includes floor-to-ceiling impact windows, a sleek European kitchen with premium appliances, and a spacious den that can serve as an office or a second sleeping area. A private balcony provides natural light and city views. The building offers resort-style amenities, including a rooftop pool with panoramic skyline views, a state-of-the-art fitness center, coworking spaces, social lounges, and a 24/7 concierge. Located in the heart of Downtown, the property is steps from the MiamiCentral Brightline Station, Miami Worldcenter, Bayside, and various dining and retail options

Listing courtesy of Potential Property Group, Carolina Preciado (Lic. #3226192) · [email protected] · MLS #A11985345 · Updated Sep 15, 2026

Neighborhood & lifestyle

What's around this home in Downtown — transit, parks, dining and landmarks within reach.

Nearby & transit
MetromoverMetrorail (Government Center)Bayfront ParkBayside MarketplaceKaseya CenterMiami Riverwalk

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