Owner & SellerHome ValuePricing

Condo in Miami, FL 33132
121 NE 5th St #1001B

Own in Miami?
Own in Miami?
$475,000
Estimate Payment $2,965Closing Costs
Studio
Beds
1
Baths
447
SqFt
$1,063
$/SqFt
CondoProperty Type
2025Year Built
$1,063/SqFtPrice per sq ft
$563/moHOA Fees
SkylineView
High RiseStyle
NEW CONSTRUCTION ~Blt. 2025
New Construction is the listings in the subdivision built in the last 2 years and in most cases never been occupied.
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.
Listing Courtesy Of: Optimar International Realty
Local Realty Services Provided By: Best of Luxury Realty
On Site: 259 DaysUpdated: 2 Days agoPage Views: 0

Features

MLS Number: A11961966
Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: SecurityHighImpactDoors, Patio
  • View: Skyline
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, MainLivingAreaEntryLevel, ShowerOnly
  • Equipment / Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: CeramicTile
  • Year Built: 2025
  • Year Built Description: New Construction
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2026-02-09T13:55:11.000-00:00
    • Directions: South
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CableTv, HotWater, Internet, Water
    • Taxes: No info
    • Security Information: DoorMan, ElevatorSecured, LobbySecured
    • Parking Description: None
    • Total Floors in Building: 40

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    Price History

    Current
    $475K
    High
    $475K
    Low
    $475K
    Total Change
    0%
    $480K$475K$470KFeb 26Jun 26
    Date
    Event
    Price
    Change
    Price Per
    06/09/2026
    Price Reduced
    $475K
    0%
    $1,063 ft2
    $11,438 m2
    02/09/2026
    Listed
    $475K
     
    $1,063 ft2
    $11,438 m2
    06/09/2026
    $475K
    Event
    Price Reduced
    Change
    0%
    Price Per
    $1,063 ft2
    $11,438 m2
    02/09/2026
    $475K
    Event
    Listed
    Price Per
    $1,063 ft2
    $11,438 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Ginna Rojas • Optimar International Realty • Buyer Agency Compensation .
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