Condo in 121 NE 5th Street 401B, Miami, FL 33132 for sale with MLS# A11961990
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.
121 NE 5th Street 401B, Miami, FL 33132
- Price:
- $439,000.00
- Original List Price:
- $465,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $982.1
- More Listings Same Building:
- 501 First Residences in 121 5 Street Miami
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- March 30, 2026 3:38 am
- Other Special Conditions:
- Sold As-is
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Master Bedroom Bath:
- Separate Shower, Bedroom On Entry Level
- Living Area:
- 447 Sqft
- View from the Property:
- Skyline
- Waterfront:
- No
- Security:
- Security System, Lobby - Attended, Elevator Secure
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
- Patio and Porch:
- Patio
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- South
- Unit Description:
- High Rise, Studio
- Storm Protection Impact Glass:
- Partial
- Year Built:
- 2025
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- CBS
- Flooring:
- Ceramic Tile
- Number of stories:
- 40
- Road Frontage Type:
- East of US-1
- Property Condition:
- New Construction
- Tax Year:
- 2025
- Association Fee:
- $563.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- New Construction
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Utilities Available:
- Cable Available
- Association
- Application Required
- Application Fee:
- $100.00
- Application Information:
- 1-2 Weeks Approval
- Association Type:
- Condominium
- Pets Allowed?:
- Yes, Pet Restrictions Possible
- Lease Number Times per Year Allowed:
- 365
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Kitchen Facilities, Maintenance, Fitness Center
- Subdivision Name:
- 501 First Residences
- Association Fee Includes:
- Water, Cable Tv, Internet, Hot Water
- Senior Community:
- No
- Minimum Days per Lease:
- 1
- Leasing Permitted
- Leasing Permitted Details:
- Short Term Rentals Allowed
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- 501 First Residences
- Real Estate Folio Number (Parcel Number):
- 0000000000401
- Elementary School:
- Frederick Douglass
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- February 9, 2026
- Listing Agreement executed on:
- February 9, 2026
- Price change occurred on:
- March 30, 2026 3:38 am
- Listing Status Last Changed On:
- February 9, 2026 7:17 pm
- Photos updated on:
- September 3, 2026 3:23 am
- Last Modified:
- September 3, 2026 3:24 am
- Courtesy of:
- Optimar International Realty
- Attribution:
- Not provided
- Floor Number:
- 4
- Street Name:
- 5th
- Street Number:
- 121
- Unit Number:
- 401B
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 45.6''
- Longitude:
- W81° 48' 29.5''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 121 NE 5th Street 401B, Miami, FL 33132
