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121 NE 5th St #2401

$970,000

2 bd · 2 ba · 760 sqft · 501 First Residences · Downtown

20% above 501 First Residences’s asking median $/sqftPrice cut -8% · was $1,050,000
Negotiation read: Already reduced 8% from the original ask.
Status
For sale
Price per sqft
$1,276/sqft
HOA
$1,224/mo
Year built
2025
Floor
24
Parking
1
Furnished
—
View
Other View
Waterfront
No
Days on market
79
Listed
Jun 8, 2026
MLS #
A12033053

Highlights from the listing

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

Airbnb-ready

“Airbnb -style income strategies”

Short-term leases OK

“flexible short-term rentals, allowing daily or short stays”

About this unit

This high-floor 2-bedroom, 2-bathroom residence in the newly delivered 501 First Residences tower features modern finishes and floor-to-ceiling impact glass. The layout includes a private balcony with skyline views and is situated in the heart of Downtown Miami. The building offers resort-style amenities, including a rooftop pool, fitness center, co-working spaces, concierge services, and 24-hour security. The property is located near the Miami Worldcenter, Brightline, Kaseya Center, and Bayfront Park

Listing courtesy of BHHS EWM Realty, Marla Rivas (Lic. #3128720) · MLS #A12033053 · Updated Aug 26, 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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