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.
Property Details
Price:
$439,000
MLS #:
A11961990
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
See this Listing
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
Map
Community
- Address121 NE 5th Street # 401B Miami FL
- Subdivision501 First Residences
- CityMiami
- CountyMiami-Dade County
- Zip Code33132
Subdivisions in Miami
- 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
- 159 NE 6TH STREET CONDO
- 17TH AVE MANOR
- 1800 CLUB CONDO
- 7TH ADDN TO RICHMOND HEIG
- 801 SMA RESIDENCES CONDO
- BAY HOUSE MIAMI
- BAY RIDGE AMD
- COMFORT GARDENS
- DELVISTA TOWERS CONDO
- EMERALD POINT SUB
- FAIRWAY PLAZA
- GREENVILLE MANOR PB
- HIALEAH HEIGHTS AMD
- JADE WINDS GROUP BAMBOO GARDENS CONDO
- JENKINS ADDN TO LIBERTY CITY
- LA PALOMA
- MAJORCA ISLES III CONDO
- MILON VENTURE
- NORTH DADE COUNTRY CLUB VILLAG
- RALPH PLAZA II CONDO
- RANDALL PARK
- ROLLING GREEN CONDO
- ROYAL GLEN
- SIERRA
- SWEETWATER ESTATES SUB
- TAMIAMI TECH CENTER CONDO
- THE BLUE A RESORT HOTEL CONDO
- TURNBERRY VILLAGE SO TOWER CONDO
- VIA VENTURA NBRHD 3
- VISTA LAGO
- WEST MIAMI SHORES SEC B
- WESTCHESTER PT 01
Market Summary
Property Summary
- Located in the 501 First Residences subdivision, 121 NE 5th Street # 401B Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $439,000 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 $982. The average price per square foot for Condo listings in Miami is $677. The average listing price for Condo in Miami is $1,011,419. To schedule a showing of MLS#a11961990 at 121 NE 5th Street # 401B in Miami, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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