121 NE 5th Street # 401B
Miami, FL, 33132
$439,000
Beds
1 Baths
447 SqFt
0 Acres
Add
MLS #A11961990 image #0
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.

Property Details

Price:
$439,000
MLS #:
A11961990
Status:
Active
Beds:
0
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
501 First Residences
Neighborhood:
501firstresidences
Listed Date:
Feb 9, 2026
Finished Sq Ft:
447
Year Built:
2025
High RiseNewconstruction501 First Residences501firstresidences501 First ResidencesSkylineDaily Rentals AllowedRestrictions Or Possible Restrictions

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Schools

Interior

Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Ceramic Floor
Heating
Central
Interior Features
First Floor Entry

Exterior

Architectural Style
High Rise
Association Amenities
Exercise Room, Kitchen Facilities, Pool
Construction Materials
CBS Construction
Direction Faces
South
Exterior Features
East Of Us1
New Construction YN
1
Parking Features
None
Patio And Porch Features
Patio
Security Features
Doorman, Elevator Secure, Lobby Secured
View
Skyline

Financial

HOA Fee
$563
HOA Fee Frequency
Monthly
Tax Year
2025

Map

Community

Subdivisions in Miami

Market Summary

Current real estate data for Condo in Miami as of Apr 19, 2026
4,782
Condo Listed
165
Avg DOM
674
Avg $ / SqFt
$995,859
Avg List Price

Property Summary

    Located in the 501 First Residences subdivision, 121 NE 5th Street # 401B Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $439,000 and features 0 beds, 1 baths, and has approximately 447 square feet of living space, and was originally constructed in 2025. The current price per square foot is $982. The average price per square foot for Condo listings in Miami is $674. The average listing price for Condo in Miami is $995,859. To schedule a showing of MLS#a11961990 at 121 NE 5th Street # 401B in Miami, FL, contact your Julien Drieu agent at 7862380927.

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