121 NE 5th Street 1001b Miami FL 33132
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
In The Neighborhood
Miami
$ 409,000
- Type
- Condos
- Size
- 402 SqFt
- Rooms
- 0 Beds + 1 Baths
Miami
$ 589,000
- Type
- Condos
- Size
- 606 SqFt
- Rooms
- 1 Beds + 1 Baths
Miami
$ 605,000
- Type
- Condos
- Size
- 591 SqFt
- Rooms
- 1 Beds + 1.5 Baths
Miami
$ 414,500
- Type
- Condos
- Size
- 458 SqFt
- Rooms
- 0 Beds + 1 Baths
Miami
$ 475,000
- Type
- Condos
- Rooms
- 0 Beds + 1 Baths
Miami
$ 375,000
- Type
- Condos
- Rooms
- 0 Beds + 1 Baths
Miami
$ 449,000
- Type
- Condos
- Size
- 447 SqFt
- Rooms
- 0 Beds + 1 Baths
Miami
$ 439,000
- Type
- Condos
- Size
- 447 SqFt
- Rooms
- 0 Beds + 1 Baths
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