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121 NE 5th Street Unit 401B, Miami, Florida 33132

Active For Sale
$439,000
  • Beds 0
  • Baths 1
  • Sq Ft 447 Sqft
  • Visits: 3 in 160 days

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.

Features

  • Swimming Pool: Association
  • Heating System: Central
  • Cooling System: Central Air
  • Patio: Patio

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 Number: 121
  • Street Suffix: Street
  • Floor Number: 0
  • Longitude: W81° 48' 29.9''
  • Latitude: N25° 46' 45.6''
  • UnitNumber: 401B
  • Street Dir Prefix: NE
  • MLS Area: 2410

MLS Addon

  • Association Amenities: Fitness Center, Pool, Community Kitchen, Maintenance Grounds
  • Association Fee: $563
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Internet, Water, Cable TV, Hot Water
  • Close Price: $0
  • Elementary School: Frederick Douglass
  • Exterior Features: Outdoor Living Area
  • Flooring: Ceramic Tile
  • High School: Booker T. Washington
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, Separate Shower
  • Middle Or Junior School: Jose De Diego
  • New Taxes Expense: $0
  • Stories Total: 40
  • Tax Annual Amount: $0
  • Utilities: Cable Available

Location

Listing Updated: 2026-07-16 17:06:22

  • Parent : 121:NE:5th:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11961990
  • Price : $439,000
  • View : Intercoastal, Other
  • 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 : 159
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