Current MLS Property Details
121 NE 5th Street 1001B, Miami, FL 33132
Miami, FL, 33132
About This Property
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.
Property Details
Property Type
Condominium
Subdivision
501 First Residences
Development
501 First Residences
County
Miami-Dade
Waterfront
No
Association Fee
$563 Monthly
Original List Price
$475,000
MLS ID
A11961966
Updated
Sep 3, 2026
Quick Payment Estimate
What might this home cost each month?
Starting rate:
6.66%
30 year fixed national average
· updated Aug. 27, 2026
$
%
%
$
/mo
Taxes, insurance, flood coverage and PMI are not included here.
HOA / condo fee prefilled from MLS
Rate is editable and is not a lender quote.
Listing Office: Optimar International Realty • 305-947-0477
Listing Agent: Ginna Rojas • 305-710-6015
MLS ID: A11961966
Property information is displayed from the site's BeachesMLS IDX data feed. Information is subject to change and should be independently verified.
Property Location
Where is this property?
121 NE 5th Street 1001B, Miami, FL 33132 · Miami, FL, 33132
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