121 NE 5th Street # 807 Miami FL 33132 | MLS #A11961922
121 NE 5th Street # 807
Miami, FL, 33132
$449,000
Beds
1 Baths
447 SqFt
0 Acres
$449,000
121 NE 5th Street # 807
Miami, FL, 33132
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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.

Property Details

Price:
$449,000
MLS #:
A11961922
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
$657
HOA Fee Frequency
Monthly
Tax Year
2025
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Current real estate data for Condo in Miami as of Oct 23, 2026
5,040
Condo Listed
162
Avg DOM
697
Avg $ / SqFt
$996,941
Avg List Price

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Property Summary

    Located in the 501 First Residences subdivision, 121 NE 5th Street # 807 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $449,000 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 $1,004. The average price per square foot for Condo listings in Miami is $697. The average listing price for Condo in Miami is $996,941.
121 NE 5th Street # 807
Miami, FL