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121 NE 5th Street Unit 807, Miami, Florida 33132

Active For Sale
$490,000
  • Beds 0
  • Baths 1
  • Sq Ft 447 Sqft
  • Visits: 5 in 24 days

Description

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

  • Swimming Pool: Association
  • Heating System: Central
  • Cooling System: Central Air
  • Pet Policy: Yes, Conditional
  • Security: Lobby Secured, Door Man, Elevator Secured
  • Patio: Patio
  • Parking: No
  • Furnished: Furnished

Appliances

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer, Disposal

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: 501 First Residences
  • Zipcode: 33132
  • Street: 5th Street
  • Street Number: 121
  • Floor Number: 0
  • Longitude: W81° 48' 23''
  • Latitude: N25° 46' 27''
  • UnitNumber: 807
  • Street Dir Prefix: NE
  • MLS Area: 41

MLS Addon

  • Architectural Style: High Rise
  • Association Amenities: Fitness Center, Pool, Community Kitchen
  • Association Fee: $657
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Amenities, Internet, Water, Cable TV, Hot Water
  • Close Price: $0
  • Exterior Features: Security/High Impact Doors, Patio
  • Flooring: Ceramic Tile
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, First Floor Entry, Main Living Area Entry Level
  • Listing Terms: Cash, Conventional
  • New Taxes Expense: $0
  • Stories Total: 40
  • Tax Annual Amount: $0
  • Tax Year: 2025
  • Utilities: Cable Available

Location

Listing Updated: 2026-02-09 21:21:08

  • Parent : 121:NE:5th Street:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11961922
  • Price : $490,000
  • View : City
  • Bedrooms : 0
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 447 Sqft
  • Year Built : 2025
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 23
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