121 NE 5th Street #401B
Miami, FL 33132
0
Bed
1
Bath
447Acres
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, incom
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
BedroomOnMainLevel, SeparateShowerAppliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 2025Construction Materials: BlockPatio And Porch Features: PatioPool Features: AssociationPrivate Pool: NoView: CityAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: OutdoorLivingArea
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Listing Price Information
Listing Price: $439000Original Price: $465000Cash, Conventional
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Tax Information
Parcel Number: 0000000000401 Tax Year: 2025 Annual Tax: $0 Tax Legal Desc: 501 First Residences
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Garage Information
Pets Allowed: PetRestrictions, YesHomeowners Association Information
Has Association: YesIncluded Fees: CableTv, HotWater, Internet, WaterHOA: $563.00Association Amenities: CommunityKitchen, FitnessCenter, MaintenanceGrounds, Pool
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School Information
Elementary School: Frederick Douglass Junior High School: Jose De Diego Senior High School: Booker T. Washington -
Utility Information
CableAvailable -
Location Information
Security Features: SecuritySystem,ElevatorSecured,LobbySecured
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 398 NE 5th Street #2118, Miami, FL, 33132 | $1,190,000 | 3 | 3 | 1,135 | 1,135 SqFt |
| 851 NE 1st Ave #7, Miami, FL, 33132 | $200,000 | 1 | 1 | -- | |
| 851 NE 1st Avenue #2606, Miami, FL, 33132 | $768,000 | 1 | 2 | 1,173 | 1,173 SqFt |
| 11 NE 6th Street #2507, Miami, FL, 33132 | $835,000 | 2 | 2 | 39,228 | 39,228 SqFt |
| 851 NE 1st Ave #PH 5411, Miami, FL, 33132 | $9,490,000 | 5 | 7 | 6,513 | 6,513 SqFt |
| 851 NE 1st Ave #3000, Miami, FL, 33132 | $749,999 | 1 | 2 | 1,018 | 1,018 SqFt |
| 1900 N Bayshore Drive #.., Miami, FL, 33132 | $329,000 | -- | 1 | 594 | 594 SqFt |
| 159 NE 6th St #3306, Miami, FL, 33132 | $425,000 | -- | 1 | 374 | 374 SqFt |
| 851 NE 1st Avenue #2005, Miami, FL, 33132 | $840,000 | 1 | 2 | 1,254 | 1,254 SqFt |
| 488 NE 18th Street #4711, Miami, FL, 33132 | $1,199,000 | 2 | 3 | 1,161 | 1,161 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/23/2026 @ 08:16
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