Condo in Miami, FL 33132
121 NE 5th St #807

$490K8.4%
$449,000
Studio
Beds
1
Baths
447
SqFt
Status
Active
Parking
No info
Size
447 SqFt (42 m2)
Price
$1,004/SqFt ($10,812/m2)
Type
Condo
Built
2025
HOA
$657/MO
MLS Number
A11961922
View
City
On Site
212 Days
Updated
6 Days ago
Page Views
0
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.
Unit 807 Studio Turnkey investment opportunity at 501 First Residences, a modern Downtown Miami building allowing daily rentals with no minimum restrictions—ideal for short-term rental investors. Unit 807 is a well-designed studio residence offering 447 SF (42 m²) with an efficient open layout, floor-to-ceiling impact windows, and a private balcony providing natural light and urban city ambiance. Delivered fully furnished with blinds and sofa bed, this unit is ready for immediate rental income. The residence also includes a storage provided by the association, adding additional convenience and flexibility for owners and guests. 501 First Residences offers resort-style amenities, co-working spaces, fitness center, social lounges, and prime walkability to Miami Worldcenter, Brightline Station, Bayfront Park, dining, entertainment, and major transportation corridors. An ideal plug-and-play investment in one of Miami’s fastest-growing short-term rental markets.

Features

Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: SecurityHighImpactDoors, Patio
  • View: City
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: 2026-02-09T13:43:39.000-00:00
    • 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
    $449K
    High
    $490K
    Low
    $449K
    Total Change
    -8.4%
    $495K$470K$444KFeb 26Mar 26Mar 26
    Date
    Event
    Price
    Change
    Price Per
    03/31/2026
    Price Reduced
    $449K
    0%
    $1,004 ft2
    $10,812 m2
    03/31/2026
    Price Reduced
    $449K
    -8.37%
    $1,004 ft2
    $10,812 m2
    02/09/2026
    Listed
    $490K
     
    $1,096 ft2
    $11,799 m2
    03/31/2026
    $449K
    Event
    Price Reduced
    Change
    0%
    Price Per
    $1,004 ft2
    $10,812 m2
    03/31/2026
    $449K
    Event
    Price Reduced
    Change
    -8.37%
    Price Per
    $1,004 ft2
    $10,812 m2
    02/09/2026
    $490K
    Event
    Listed
    Price Per
    $1,096 ft2
    $11,799 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Ginna RojasOptimar International Realty • Buyer Agency Compensation .

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