Price Reduced 8.37%
Price History
$490,000
2/9/2026
$449,000
3/31/2026
121 NE 5th Street, #807, Miami, FL, 33132
0 beds
1 Full baths
2025
High Rise
447 sqft
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.
Status:
Active
Type:
Condo
Furnished Remarks:
Furnished
Complex:
501 First Residences
Heating:
Central
Cooling:
Central Air
Levels:
40
Common Charge:
$657 Monthly
HOA Fee
$657
Construction
Block
Utilities
Cable Available
View Description:
City
Amenities:
Community Kitchen, Fitness Center, Pool
Days on Market:
111
Pet Allowed:
Yes
Pet Policy:
Conditional, Yes
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Pool:
Association
MLS #:
A11961922
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Optimar International Realty 305-947-0477