121 NE 5th Street 1001b Miami FL 33132

New Construction
New Construction
Address
121 Ne 5th Street 1001b, Miami, FL
Price
$ 475,000
Property Attributes
  • MLS#A11961966
  • TypeCondos
  • Listing Status Active
  • CountyMiami-Dade
  • CityMiami
  • Area2410
  • Neighborhood501 First Residences
  • Zip33132
  • Style
  • Year Built2025
  • Price$ 475,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage447
Data Source:
Beaches MLS (FL)
Property Description

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.

Elementary School Middle School High School
Frederick Douglass Elementary School Jose De Diego Middle School Booker T. Washington High School
Price History
6/9/2026 Listed $475,000

General Features

Heating Central
Cooling Central Air
Utilities Cable Available
Possession Negotiable
Appliances Dryer,Dishwasher,Disposal,Microwave,Refrigerator,Washer
HOA Fee 563
Association Fee Includes Cable TV,Hot Water,Internet,Water
Patio/Porch Features Patio
Pool Features Association
Security Features Security System,Elevator Secured,Lobby Secured
Construction Materials Block
Pets Allowed Pet Restrictions,Yes
Year Built 2025
View City
Unit Number 1001B
Property Subtype Condominium
Tax Year 2025
Assoc Fee Paid Per Monthly
County Miami-Dade
New Construction true
Property Type Residential
Association Amenities Community Kitchen,Fitness Center,Maintenance Grounds,Pool
Subdivision Name 501 First Residences
Facing Direction South
Garage Y/N false
Full Baths 1
Status Active
High School Booker T. Washington
City Miami
Senior Community Y/N false
MLS Area 2410
Elementary School Frederick Douglass
Middle/Junior High School Jose De Diego
Property Condition New Construction
Virtual Tour https://tours.swift-pix.com/3SMkxJDm
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Condominium
PostalCity Miami
Legal Description 501 First Residences

Interior Features

Interior Amenities Bedroom on Main Level,Separate Shower
Flooring Ceramic Tile
Furnished Y/N Furnished
Total Stories 40
Air Conditioning Y/N true
Heating Y/N true
Entry Level 1
Total Baths 1

Exterior Features

Exterior Amenities Outdoor Living Area
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 33132

Price
AVG $1.38M
$480K
Year Built
AVG 2015
2025

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