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Miami/501 First Residences Miami/121 NE 5th Street 401B

$439,000
121 NE 5th Street 401B, Miami, FL 33132
Miami, FL 33132
At 501 First Residences Miami  →
0
Beds
1
Baths
447
Sq Ft
$982
/ Sq Ft

About this condo

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.

The facts

Price
$439,000
Price / Sq Ft
$982
Bedrooms
0
Bathrooms
1
Interior
447 sq ft
Residence
#401B
Type
Condominium
Year Built
2025
Building
501 First Residences Miami
Stories
40
HOA
$563 / mo
Flooring
CeramicTile
Days on Market
171
MLS #
A11961990

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.