$995,000
Miami, FL 33132
MLS# A11998848
2 beds | 2 baths
1 / 35
Property Description
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.
Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Call Listing Agent
Listing Date: 2026-04-10
Status: Active
Original List Price: 995000
List Price: $995,000
Current Price: $995,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 30
Postal Zip: 33132
Country: United States
Street Number: 121
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Street
Unit Number: 2101
State Or Province: FL
Postal Code: 33132
Subdivision Name: 501 First Residences
Area: 2410
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0141010080520
General Property Information
Unit Floor #: 21
Living Area Main: 835
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Furnished
Stories Total: 40
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 2026
Garage YN: 1
Garage Spaces: 1
Covered Spaces: 1
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 1244
Membership Fee Required YN: No
Association YN: 1
Association Fee: 1244
Association Fee Frequency: Monthly
Tax Year: 2025
Tax Legal Description: 501 FIRST RESIDENCES CONDO UNIT 2101 OFF REC 35067-4463
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
Rapid Approval: 1
Amenities
Business Center: 1
Community Room: 1
Elevator(s): 1
Fitness Center: 1
Heated Pool: 1
Kitchen Facilities: 1
Picnic Area: 1
Pool: 1
Spa/Hot Tub: 1
Other: 1
Association Amenities
Maintenance: 1
Exterior Features
Barbecue: 1
Flooring
Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Short Term Rentals Allowed: 1
Parking Features
Valet: 1
Detached: 1
Detached Garage: 1
Garage: 1
Property Condition
New Construction: 1
Possession
Close Of Escrow: 1
Negotiable: 1
View
Water: 1
Skyline: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: 1
Unit Description
High Rise: 1
Water View
Bay: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Free-Standing Freezer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Interior Features
Closet Cabinetry: 1
Elevator: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Pool Features
Private: 1
Security Features
Closed Circuit Camera(s): 1
Fire Alarm: 1
Fire Sprinkler System: 1
Key Card Entry: 1
Security Guard: 1
Security Patrol: 1
Security System: 1
Smoke Detector(s): 1
Cooling
Central Air: 1
Association Type
Homeowner Association: 1
Showing Requirements
24 Hour Notice: 1
Showing Service: 1
Master Bedroom/Bath
2 Master Baths: 1
Bedroom On Entry Level: 1
Separate Shower: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Dogs OK: 1
Storm Protection
Impact Glass: Complete
Tax Information
New Construction: 1
Outdoor Living Spaces
Balcony: 1
Porch: 1
Balcony Details
Balcony - Open: 1
Porch Details
Porch - Open: 1
Price Calculations
Current Price To SqFt: 1191.61
Section Details
Parcel Number MLX: 0520
Status Change Information
Major Change Timestamp: 2026-04-10T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-04-10
Originating Details
Originating System Key: 452683120
Originating System ID: M00000151
Property Features
Application Information: Rapid Approval
Association Amenities: Maintenance
Exterior Features: Barbecue
Flooring: Tile
Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed
Parking Features: Valet; Detached; Detached Garage; Garage
Property Condition: New Construction
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Microwave; Oven; Refrigerator
Cooling: Central Air
Association Type: Homeowner Association
Heating: Central
Interior Features: Closet Cabinetry; Elevator
Listing Terms: Cash; Conventional; FHA
Pets Allowed YN: Yes
Pets Allowed: Dogs OK
Pool Features: Private
Possession: Close Of Escrow; Negotiable
Security Features: Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System; Key Card Entry; Security Guard; Security Patrol; Security System; Smoke Detector(s)
Tax Information: New Construction
Unit Description: High Rise
View: Water; Skyline
Water View: Bay
Showing Requirements: 24 Hour Notice; Showing Service
Outdoor Living Spaces: Balcony; Porch
Balcony Details: Balcony - Open
Porch Details: Porch - Open
Listing Office: FL Prime LLC
Last Updated: July - 23 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
