Condo in 121 NE 5th Street 807 Miami for sale with MLS# A11961922
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.
121 NE 5th Street 807, Miami, FL 33132
- Price:
- $449,000.00
- Previous Asking Price:
- $490,000.00
- Original List Price:
- $490,000.00
- More Listings Same Building:
- 501 First Residences in 121 5 Street Miami
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Listed As Is
- Listing Category:
- Residential
- Property Type:
- Condominium
- MLS Number:
- A11961922
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- March 31, 2026 1:40 pm
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Living Area:
- 447 Sqft
- Lot Size Unit:
- Square Feet
- View from the Property:
- City
- Waterfront:
- No
- Swimming Pool Features:
- Association
- Security:
- Door Man, Elevator Secured, Lobby Secured, Door Man
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
- Interior:
- First Floor Entry, Bedroom On Main Level, Main Living Area Entry Level
- Exterior:
- Patio, Security High Impact Doors
- Patio and Porch:
- Patio
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- South
- Year Built:
- 2025
- Year Built Details:
- New Construction
- Architectural Style:
- High Rise, High Rise
- Entry Level (floor):
- 8
- Entry Level Location:
- 8
- Construction Materials:
- Block
- Flooring:
- Ceramic Tile
- Number of stories:
- 40
- Tax Annual Amount:
- $0.00
- Tax Year:
- 2025
- Association Fee:
- $657.00
- Association Fee Frequency:
- Monthly
- Property Tax Status:
- New Construction
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Utilities Available:
- Cable Available
- Pets Allowed?:
- Yes, Conditional
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Fitness Center, Community Kitchen
- Subdivision Name:
- 501 First Residences
- Association Fee Includes:
- Water, Cable Tv, Internet, Hot Water, Amenities
- Complex Name:
- 501 First Residences
- Senior Community:
- No
- Restrictions:
- Daily Rentals Allowed
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Vacant
- Buyer Possession:
- Closing And Funding
- Tax Legal Description:
- 501 First Residences
- Real Estate Folio Number (Parcel Number):
- 00-00-00-000-0807
- Originally published on:
- February 9, 2026 1:43 pm
- Active on the market since:
- February 9, 2026
- Price change occurred on:
- March 31, 2026 1:40 pm
- Listing Status Last Changed On:
- February 9, 2026 1:43 pm
- Photos updated on:
- February 9, 2026 7:04 pm
- Last Modified:
- March 31, 2026 5:40 pm
- Unit View:
- Skyline View
- Pet Fee Description:
- Non-Refundable
- Housing Older Persons Act:
- No HOPA
- Unit Design:
- East Of Us1, High-Rise
- Type of Association:
- Condo
- Minimum Number of Days per Lease:
- 1
- Type of Governing Bodies of the Association:
- Condominium
- Pet Fee:
- $100.00
- Number of Times Leased per Year:
- 365
- Application Fee:
- $100.00
- Style:
- Condo 5+ Stories
- Municipal Code:
- 0
- Courtesy of:
- Optimar International Realty
- Attribution:
- Not provided
- Street Name:
- 5th Street
- Street Number:
- 121
- Unit Number:
- 807
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 45.7''
- Longitude:
- W81° 48' 29.9''
- Street Direction Prefix:
- NE
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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