121 NE 5th Street # 401B, Miami FL 33132 | Miami-Dade County | A11961990
- $445,000
- Condominium
- 0
- 1
- 0
- 447 Square Feet
121 NE 5th Street # 401B, Miami FL 33132 | Miami-Dade County | A11961990
- $445,000
Description
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.
Address
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Address: 5th Street
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33132
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Area: 501 First Residences
Details
Updated on February 27, 2026 at 3:55 am-
Property ID A11961990
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Price $445,000
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Property Size 447 Square Feet
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Bedroom 0
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Bathroom 1
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Garage 0
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Year Built 2025
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Type Condominium
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Property Status Residential
Additional details
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ArchitecturalStyle High Rise
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AssociationAmenities Exercise Room, Kitchen Facilities, Pool
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AssociationFee 563
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AssociationFeeFrequency Monthly
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BathroomsFull 1
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BuildingAreaUnits Square Feet
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BuildingName 501 First Residences
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CarportSpaces 0
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ConstructionMaterials CBS Construction
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ContractStatusChangeDate 2026-02-09
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Cooling Central Air
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CoveredSpaces 0
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DaysOnMarket 17
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DirectionFaces South
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DoorFeatures High Impact Doors
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EntryLevel 4
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ExpirationDate 2026-06-30
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Flooring Ceramic Floor
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Furnished Furnished, Turn Key Furnished
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Heating Central
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 305-710-6015
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ListingTerms All Cash, Conventional
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LotSizeSquareFeet 0
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MLSAreaMajor 501 First Residences
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MajorChangeTimestamp February 26, 2026 at 05:41pm
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MajorChangeType Price Decrease
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MlsStatus Active
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ModificationTimestamp February 26, 2026 at 05:41pm
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OnMarketDate 2026-02-09
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OriginalEntryTimestamp February 9, 2026 at 07:13pm
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OriginalListPrice 465000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 00-00-00-000-0401
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ParkingFeatures None
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PatioAndPorchFeatures Patio
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PetsAllowed Restrictions Or Possible Restrictions
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PhotosChangeTimestamp February 9, 2026 at 07:17pm
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PhotosCount 31
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Possession Funding
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PreviousListPrice 465000
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PriceChangeTimestamp February 26, 2026 at 05:41pm
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PropertyCondition New Construction
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PublicSurveyRange 0
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PublicSurveySection 0
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PublicSurveyTownship 0
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RoomsTotal 0
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SecurityFeatures Doorman, Elevator Secure, Lobby Secured
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ShowingContactType Agent
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ShowingInstructions Call Listing Agent, Showing Assist
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SourceSystemKey 426566429
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StateOrProvince FL
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StatusChangeTimestamp February 9, 2026 at 07:13pm
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StoriesTotal 40
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StreetDirPrefix NE
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StreetName 5th Street
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StreetNumber 121
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StreetNumberNumeric 121
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StructureType Condo 5+ Stories, Condo
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SyndicationRemarks 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.
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TaxAnnualAmount 0
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TaxLegalDescription 501 First Residences
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TaxYear 2025
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UnitNumber 401B
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YearBuiltDetails New Construction
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