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Homes for sale in Miami
Condominium

121 NE 5th St # 304

Miami, FL 33132
$449,000
Baths
1
Sq ft
359
Year built
2025
Price per sq ft
$1,251

Listing courtesy of Margarita Zapata, BM2 Realty

About this home

Experience the ultimate investment opportunity at 501 First Residences in the heart of Downtown Miami! This fully furnished turnkey studio offers modern finishes, an open-concept layout, floor-to-ceiling impact windows, a contemporary kitchen with stainless steel appliances and quartz countertops, in-unit washer and dryer, and a private balcony. Designed for maximum flexibility, the building allows short-term rentals with no rental restrictions, making it ideal for Airbnb, vacation rentals, or corporate stays. Residents enjoy resort-style amenities including a rooftop pool, fitness center, spa, co-working spaces, game room, lounge, café, valet parking, and 24-hour concierge and security. Located just steps from Miami Worldcenter, Brightline Station, Kaseya Center, Bayside Marketplace, Museum Park, top restaurants, shopping, entertainment, and with easy access to Miami Beach, Brickell, Wynwood, and the Design District. Whether you’re looking for a high-performing income-producing property or a stylish city residence, Unit 304 offers exceptional value in one of Miami’s fastest-growing neighborhoods.

Details

Property

Type
Condominium
Building
Condo-Hotel
Year built
2025
Stories
40
Building name
501 FIRST RESIDENCES COND
Subdivision
501 First Residences
County
Miami-Dade County
View
Other View

Interior

Appliances
Dryer, Microwave, Refrigerator, Washer
Features
Built-in Features, Closet Cabinetry, Cooking Island

Exterior and parking

Parking
Valet
Construction
Concrete Block Construction

Community and fees

Association fee
$588 monthly
Amenities
Exercise Room, Pool, Sauna, Spa/Hot Tub
Maintenance includes
All Amenities, Internet/WiFi
Security
Fire Alarm, Card Entry, Lobby Secured, Security Patrol
Terms
All Cash, Conventional
Minimum lease (days)
1

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated July 15, 2026.