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Homes for sale in Miami
Condominium

121 NE 5th Street # 401B

Miami, FL 33132
$439,000
Baths
1
Sq ft
447
Year built
2025
Price per sq ft
$982

Listing courtesy of Ginna Rojas, Optimar International Realty

About this home

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.

Details

Property

Type
Condominium
Style
High Rise
Building
Condo 5+ Stories
Year built
2025
Stories
40
Building name
501 First Residences
Subdivision
501 First Residences
County
Miami-Dade County
Faces
South
View
Skyline

Interior

Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Flooring
Ceramic Floor
Cooling
Central Air
Heating
Central
Features
First Floor Entry
Furnished
Furnished,Turn Key Furnished

Exterior and parking

Exterior
East Of Us1
Patio and porch
Patio
Construction
CBS Construction

Community and fees

Association fee
$563 monthly
Amenities
Exercise Room, Kitchen Facilities, Pool
Maintenance includes
All Amenities, Cable Tv, Hot Water, Internet/WiFi, Water
Security
Doorman, Elevator Secure, Lobby Secured
Pets
Restrictions Or Possible Restrictions
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 October 1, 2026.