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Homes for sale in Miami
Condominium

121 NE 5th Street # 807

Miami, FL 33132
$449,000
Baths
1
Sq ft
447
Year built
2025
Price per sq ft
$1,004

Listing courtesy of Ginna Rojas, Optimar International Realty

About this home

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.

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
$657 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 September 26, 2026.