FL Real Estate & Homes • (561) 835-5400Mortgage Title List & Sell for 1% Get Home Value
$475,000162 days on marketActive

121 NE 5th Street 1001B, Miami, FL 33132

Miami, FL 33132
1
Baths
447
Sq Ft
$1,063
$/Sq Ft
2025
Year Built

Listing Snapshot

List Price$475,000
Price / Sq Ft$1,063
Beds0
Baths1
Living Area447 sqft
Year Built2025
Property Tax$0/yr
HOA / Condo Fee$563 / monthly
MLS #1152610501
StatusActive
Days on Market162

About This Home

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.

General Features

Property Type
Residential
Sub-type
Condominium
Stories
40
Direction Faces
South
Security
SecuritySystem,ElevatorSecured,LobbySecured
Utilities
CableAvailable
Subdivision
501 First Residences

Interior Features

Appliances
Dryer,Dishwasher,Disposal,Microwave,Refrigerator,Washer
Flooring
CeramicTile
Heating
Central
Cooling
CentralAir
Interior Features
BedroomOnMainLevel,SeparateShower
Furnished
Furnished

Exterior Features

Construction
Block
Exterior Features
OutdoorLivingArea
Patio / Porch
Patio
Pool Features
Association
View
City
Waterfront
No

Community Features

Association Amenities
CommunityKitchen,FitnessCenter,MaintenanceGrounds,Pool
Association Dues
$563 / monthly
MLS Area
2410

Schools

ElementaryFrederick Douglass
MiddleJose De Diego
HighBooker T. Washington

Map

Virtual Tour

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Listed by Ginna Rojas · Optimar International Realty
MLS# 1152610501 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $380,000

%
Est. Monthly$3,155
Principal & Interest$2,592
HOA$563

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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