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$490,000
New Listing

121 NE 5th Street 807
Miami, FL 33132

For Sale|Condominium|Active
0
Beds
1
Total Bath
1
Full Bath
447
SqFt
$1,096
/SqFt
2025
Built
Subdivision:
501 First Residences
County:
Miami-Dade

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

121 NE 5th Street 807121 NE 5th Street 807121 NE 5th Street 807121 NE 5th Street 807
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Unit 807 Studio Turnkey investment opportunity at 501 First Residences, a modern Downtown Miami building allowing daily rentals with no minimum restrictions—ideal for short-term rental investors. Unit 807 is a well-designed studio residence offering 447 SF (42 m²) with an efficient open layout, floor-to-ceiling impact windows, and a private balcony providing natural light and urban city ambiance. Delivered fully furnished with blinds and sofa bed, this unit is ready for immediate rental income. The residence also includes a storage provided by the association, adding additional convenience and flexibility for owners and guests. 501 First Residences offers resort-style amenities, co-working spaces, fitness center, social lounges, and prime walkability to Miami Worldcenter, Brightline Station, Bayfront Park, dining, entertainment, and major transportation corridors. An ideal plug-and-play investment in one of Miami’s fastest-growing short-term rental markets.

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Listing Snapshot
Price 
$490,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
447 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2025
MLS® Number 
A11961922
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$657 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing first seen on site
11 hours agoListing updated with changes from the MLS®
General Features
Direction Faces 
South
Number Of Stories 
40
Parking 
None
Pets 
Yes
Property Sub Type 
Condominium
Style 
HighRise
Utilities 
Cable Available
Interior Features
Appliances 
DryerDishwasherDisposalMicrowaveRefrigeratorWasher
Cooling 
Central Air
Flooring 
Ceramic Tile
Furnished 
Furnished
Heating 
Central
Interior 
Master Downstairs
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Exterior Features
Construction Details 
Block
Patio And Porch 
Patio
Pool Features 
Association
View 
City
Waterview 
City
Community Features
Association Amenities 
Fitness CenterPoolHot Water
Association Dues 
657
Building Access 
8
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
41
Listing courtesy of Optimar International Realty

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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