Condo in 121 NE 5th Street 401B Miami 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
- Previous Asking Price:
- $445,000.00
- Original List Price:
- $465,000.00
- 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:
- A11961990
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- March 29, 2026 10:38 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):
- 4
- Entry Level Location:
- 4
- Construction Materials:
- Block
- Flooring:
- Ceramic Tile
- Number of stories:
- 40
- Tax Annual Amount:
- $0.00
- Tax Year:
- 2025
- Association Fee:
- $563.00
- 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):
- 00-00-00-000-0401
- Originally published on:
- February 9, 2026 2:13 pm
- Active on the market since:
- February 9, 2026
- Price change occurred on:
- March 29, 2026 10:38 pm
- Listing Status Last Changed On:
- February 9, 2026 2:13 pm
- Photos updated on:
- February 9, 2026 7:33 pm
- Last Modified:
- March 30, 2026 2:39 am
- 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:
- 401B
- 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
Air Quality
Source: AirNow.gov · Miami
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