Current MLS Property Details
121 NE 5th Street 401B, Miami, FL 33132
Miami, FL, 33132
About This Property
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.
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
$465,000
MLS ID
A11961990
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: A11961990
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 401B, Miami, FL 33132 · Miami, FL, 33132
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