121 NE 5th Street # 1001B Miami FL 33132 | MLS #A11961966
121 NE 5th Street # 1001B
Miami, FL, 33132
$475,000
Beds
1 Baths
447 SqFt
0 Acres
$475,000
121 NE 5th Street # 1001B
Miami, FL, 33132
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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.

Property Details

Price:
$475,000
MLS #:
A11961966
Status:
Active
Beds:
0
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
501 First Residences
Neighborhood:
501firstresidences
Listed Date:
Feb 9, 2026
Finished Sq Ft:
447
Year Built:
2025
High RiseNewconstruction501 First Residences501firstresidences501 First ResidencesSkylineDaily Rentals AllowedRestrictions Or Possible Restrictions

Schools

Interior

Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Ceramic Floor
Heating
Central
Interior Features
First Floor Entry

Exterior

Architectural Style
High Rise
Association Amenities
Exercise Room, Kitchen Facilities, Pool
Construction Materials
CBS Construction
Direction Faces
South
Exterior Features
East Of Us1
New Construction YN
1
Parking Features
None
Patio And Porch Features
Patio
Security Features
Doorman, Elevator Secure, Lobby Secured
View
Skyline

Financial

HOA Fee
$563
HOA Fee Frequency
Monthly
Tax Year
2025
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Current real estate data for Condo in Miami as of Sep 10, 2026
4,769
Condo Listed
165
Avg DOM
693
Avg $ / SqFt
$1,008,445
Avg List Price

Community

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Property Summary

    Located in the 501 First Residences subdivision, 121 NE 5th Street # 1001B Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $475,000 and features 0 beds, 1 baths, and has approximately 447 square feet of living space, and was originally constructed in 2025. The current price per square foot is $1,063. The average price per square foot for Condo listings in Miami is $693. The average listing price for Condo in Miami is $1,008,445.
121 NE 5th Street # 1001B
Miami, FL