Description

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.

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 A11961922
Price $490,000
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 657
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 8
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 06:43pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp February 9, 2026 at 06:43pm
OnMarketDate 2026-02-09
OriginalEntryTimestamp February 9, 2026 at 06:43pm
OriginalListPrice 490000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 00-00-00-000-0807
ParkingFeatures None
PatioAndPorchFeatures Patio
PetsAllowed Restrictions Or Possible Restrictions
PhotosChangeTimestamp February 9, 2026 at 06:53pm
PhotosCount 27
Possession Funding
PriceChangeTimestamp February 9, 2026 at 06:19pm
PropertyCondition New Construction
PublicSurveyRange 0
PublicSurveySection 0
PublicSurveyTownship 0
RoomsTotal 0
SecurityFeatures Doorman, Elevator Secure, Lobby Secured
ShowingInstructions Showing Assist
SourceSystemKey 426562477
StateOrProvince FL
StatusChangeTimestamp February 9, 2026 at 06:43pm
StoriesTotal 40
StreetDirPrefix NE
StreetName 5th Street
StreetNumber 121
StreetNumberNumeric 121
StructureType Condo 5+ Stories, Condo
SyndicationRemarks 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.
TaxAnnualAmount 0
TaxLegalDescription 501 First Residences
TaxYear 2025
UnitNumber 807
View Skyline
YearBuiltDetails New Construction