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Miami/501 First Residences Miami/121 NE 5th Street 1001B

$475,000
121 NE 5th Street 1001B, Miami, FL 33132
Miami, FL 33132
At 501 First Residences Miami  →
0
Beds
1
Baths
447
Sq Ft
$1,063
/ Sq Ft

About this condo

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.

The facts

Price
$475,000
Price / Sq Ft
$1,063
Bedrooms
0
Bathrooms
1
Interior
447 sq ft
Residence
#1001B
Type
Condominium
Year Built
2025
Building
501 First Residences Miami
Stories
40
HOA
$563 / mo
Flooring
CeramicTile
Days on Market
171
MLS #
A11961966

Building amenities

  • Community Kitchen
  • Fitness Center
  • Maintenance Grounds
  • Pool
BeachesMLS

Listing courtesy of Optimar International Realty · ginnarojas@hotmail.com. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.