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$475,000
New Listing

121 NE 5th Street 1001B
Miami, FL 33132

For Sale|Condominium|Active
0
Beds
1
Total Bath
1
Full Bath
447
SqFt
$1,063
/SqFt
2025
Built
Subdivision:
501 First Residences
County:
Miami-Dade

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121 NE 5th Street 1001B121 NE 5th Street 1001B121 NE 5th Street 1001B121 NE 5th Street 1001B
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High-floor fully furnished studio at 501 First Residences designed for investors seeking daily rental income potential in the heart of Downtown Miami. Unit 1001B offers 385 SF (36 m²) with a modern open layout, floor-to-ceiling glass, and a private balcony delivering natural light and an efficient, guest-friendly design. The residence comes turnkey furnished with blinds and sofa bed, includes private storage, and is located in a building that permits short-term rentals with no minimum lease restrictions, making it an excellent addition to any income-producing portfolio. Residents and guests enjoy access to resort-style amenities, fitness facilities, social and co-working areas, and proximity to Miami Worldcenter, Brightline, shopping, dining, and entertainment venues. A compact, income-ready unit optimized for high-demand short-term rental use.

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Listing Snapshot
Price 
$475,000
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 
A11961966
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$563 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 
563
Building Access 
10
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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