121 NE 5th ST #1001B, Miami, FL 33132
121 NE 5th ST #1001B, Miami, FL 33132
121 NE 5th ST #1001B, Miami, FL 33132
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$475,000
Est. payment /mo
1 Bath
447 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 447 sqft

Price per Sqft $1,062

Subdivision 501 First Residences

MLS Listing ID A11961966

Full Baths 1

Construction Status New Construction

HOA Fees $563/mo

HOA Y/N Yes

Total Fin. Sqft 447

Year Built 2025

Tax Year 2025

Property Sub-Type Condominium

Property Description

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.

Location

State FL

County Miami-dade

Area 2410

Direction South

Interior

Interior Features Bedroom on Main Level, Separate Shower

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Furnishings Furnished

Fireplace No

Appliance Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Outdoor Living Area

Pool Association

Utilities Available Cable Available

Amenities Available Community Kitchen, Fitness Center, Maintenance Grounds, Pool

View Y/N Yes

View City

Porch Patio

Garage No

Building

Faces South

Story 40

Unit Floor 1

Structure Type Block

New Construction Yes

Construction Status New Construction

Schools

Elementary Schools Frederick Douglass

Middle Schools Jose De Diego

High Schools Booker T. Washington

Others

Pets Allowed Yes

HOA Fee Include Cable TV,Hot Water,Internet,Water

Senior Community No

Tax ID 0000000001001

Security Features Security System,Elevator Secured,Lobby Secured

Acceptable Financing Cash, Conventional

Membership Fee Required false

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed Pet Restrictions, Yes

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BeachesMLS, Inc. (FLR) IDX
Listed by Ginna Rojas Optimar International Realty

NEARBY SCHOOLS & PROPERTIES

Libby Perez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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121 NE 5th ST #1001B