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$465,000
New Listing

121 NE 5th Street 401B
Miami, FL 33132

For Sale|Condominium|Active
0
Beds
1
Total Bath
1
Full Bath
447
SqFt
$1,040
/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 401B121 NE 5th Street 401B121 NE 5th Street 401B121 NE 5th Street 401B
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Investor-friendly turnkey studio at 501 First Residences—one of Downtown Miami’s newest buildings allowing legal daily rentals, ideal for Airbnb-style income strategies. Unit 401B offers 385 SF (36 m²) featuring an efficient open floor plan, floor-to-ceiling windows, and a private balcony designed to maximize guest appeal. Offered fully furnished with blinds and sofa bed, this residence includes private storage and is ready for immediate rental operation. Its flexible layout and low-maintenance design make it a strong option for investors seeking consistent short-term rental demand in a high-growth urban location. Enjoy access to modern amenities, fitness center, social lounges, and a central location steps from Miami Worldcenter, transit, entertainment, and cultural venues. A smart, income-producing opportunity in Miami’s evolving rental landscape.

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Listing Snapshot
Price 
$465,000
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 
A11961990
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$563 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing first seen on site
10 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 
4
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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