Condo in Miami, FL 33132
121 NE 5th St #401B

Own in Miami?
Studio
Beds
1
Baths
447
SqFt
$982
$/SqFt
CondoProperty Type
2025Year Built
$982/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.
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.
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: A11961990
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: 2026-02-09T14:13:58.000-00:00
    • 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
    $439K
    High
    $465K
    Low
    $439K
    Total Change
    -5.6%
    $468K$452K$436KFeb 26Feb 26Mar 26Mar 26
    Date
    Event
    Price
    Change
    Price Per
    03/29/2026
    Price Reduced
    $439K
    0%
    $982 ft2
    $10,571 m2
    03/29/2026
    Price Reduced
    $439K
    -1.35%
    $982 ft2
    $10,571 m2
    02/26/2026
    Price Reduced
    $445K
    -4.3%
    $996 ft2
    $10,716 m2
    02/09/2026
    Listed
    $465K
     
    $1,040 ft2
    $11,197 m2
    03/29/2026
    $439K
    Event
    Price Reduced
    Change
    0%
    Price Per
    $982 ft2
    $10,571 m2
    03/29/2026
    $439K
    Event
    Price Reduced
    Change
    -1.35%
    Price Per
    $982 ft2
    $10,571 m2
    02/26/2026
    $445K
    Event
    Price Reduced
    Change
    -4.3%
    Price Per
    $996 ft2
    $10,716 m2
    02/09/2026
    $465K
    Event
    Listed
    Price Per
    $1,040 ft2
    $11,197 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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