Current MLS Property Details
121 NE 5th Street 807, Miami, FL 33132
Miami, FL, 33132
About This Property
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.
Property Details
Property Type
Condominium
Subdivision
501 First Residences
Development
501 First Residences
County
Miami-Dade
Waterfront
No
Association Fee
$657 Monthly
Original List Price
$490,000
MLS ID
A11961922
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: A11961922
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 807, Miami, FL 33132 · Miami, FL, 33132
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