Description

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.

Address

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Address: 5th Street
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33132
Area: 501 First Residences

Details

Updated on February 10, 2026 at 4:08 am

Property ID A11961966
Price $475,000
Property Size 447 Square Feet
Bedroom 0
Bathroom 1
Garage 0
Year Built 2025
Type Condominium
Property Status Residential

Additional details

ArchitecturalStyle High Rise
AssociationAmenities Exercise Room, Kitchen Facilities, Pool
AssociationFee 563
AssociationFeeFrequency Monthly
BathroomsFull 1
BuildingAreaUnits Square Feet
BuildingName 501 First Residences
CarportSpaces 0
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2026-02-09
Cooling Central Air
CoveredSpaces 0
DaysOnMarket 0
DirectionFaces South
DoorFeatures High Impact Doors
EntryLevel 10
ExpirationDate 2026-07-31
Flooring Ceramic Floor
Furnished Furnished, Turn Key Furnished
Heating Central
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-710-6015
ListingTerms All Cash, Conventional
LotSizeSquareFeet 0
MLSAreaMajor 501 First Residences
MajorChangeTimestamp February 9, 2026 at 06:55pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp February 9, 2026 at 06:55pm
OnMarketDate 2026-02-09
OriginalEntryTimestamp February 9, 2026 at 06:55pm
OriginalListPrice 475000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 00-00-00-000-1001
ParkingFeatures None
PatioAndPorchFeatures Patio
PetsAllowed Restrictions Or Possible Restrictions
PhotosChangeTimestamp February 9, 2026 at 06:57pm
PhotosCount 28
Possession Funding
PriceChangeTimestamp February 9, 2026 at 06:49pm
PropertyCondition New Construction
PublicSurveyRange 0
PublicSurveySection 0
PublicSurveyTownship 0
RoomsTotal 0
SecurityFeatures Doorman, Elevator Secure, Lobby Secured
ShowingContactType Agent
ShowingInstructions Call Listing Agent, Showing Assist
SourceSystemKey 426565270
StateOrProvince FL
StatusChangeTimestamp February 9, 2026 at 06:55pm
StoriesTotal 40
StreetDirPrefix NE
StreetName 5th Street
StreetNumber 121
StreetNumberNumeric 121
StructureType Condo 5+ Stories, Condo
SyndicationRemarks 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.
TaxAnnualAmount 0
TaxLegalDescription 501 First Residences
TaxYear 2025
UnitNumber 1001B
View Skyline
YearBuiltDetails New Construction