Price Reduced 5.59%

$439,000 ($982.10 per sqft)

Est. Mortgage $2,162/mo *

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Price History

$465,000
2/9/2026

$445,000
2/26/2026

$439,000
3/30/2026

121 NE 5th Street, #401B, Miami, FL, 33132

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0 beds

1 Full baths

2025

High Rise

447 sqft

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.

Status:

Active

Type:

Condo

Furnished Remarks:

Furnished

Complex:

501 First Residences

Heating:

Central

Cooling:

Central Air

Levels:

Common Charge:

$563 Monthly

HOA Fee

$563

Construction

Block

Utilities

Cable Available

View Description:

City

Amenities:

Community Kitchen, Fitness Center, Pool

Days on Market:

104

Pet Allowed:

Yes

Pet Policy:

Conditional, Yes

Appliances:

Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer

Pool:

Association

MLS #:

A11961990

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of Optimar International Realty 305-947-0477

$439,000 ($982.10 per sqft)

Price History

121 NE 5th Street, #401B, Miami, FL, 33132

Community Info

School Info

Walk Score

Yelp

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