HOMES BY DARCI
Southern Key Realty
121 NE 5th Street 401b Miami FL 33132
New Construction
Address
121 Ne 5th Street 401b, Miami, FL
Price
$ 439,000
Property Attributes
- MLS#A11961990
- TypeCondos
- Listing Status Active
- CountyMiami-Dade
- CityMiami
- Area2410
- Neighborhood501 First Residences
- Zip33132
- Style
- Year Built2025
- Price$ 439,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage447
Data Source:
Beaches MLS (FL)
Property Description
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.
| 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 $439,000 |
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 | 401B |
| 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://www.propertypanorama.com/instaview/mia/A11961990 |
| 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
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