New construction

$475,000

121 NE 5th St #1001B, Miami, FL 33132

0beds

447sqft

$3,841/mo

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Condominium

Built in 2025

-- sqft lot

$460,600 Zestimate^®

$1,063/sqft

$563/mo HOA

What's special

Fully furnished studioFloor-to-ceiling glassModern open layoutPrivate storage

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.

212 days
15
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer

Features

Flooring: Ceramic Tile
Doors: High Impact Doors

Interior area

Total interior livable area: 447 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: None

Features

Entry location: First Floor Entry
Patio & porch: Patio
Pool features: Association
Has view: Yes
View description: Skyline

Lot

Features: East Of Us1

Details

Parcel number: 0000000001001

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

CBS Construction

Condition

New Construction
New construction: Yes
Year built: 2025

Community & HOA

Community

Security: Doorman, Elevator Secure, Lobby Secured
Application fee: $100
Pet fee: $100 nonrefundable
Subdivision: 501 First Residences

HOA

Has HOA: Yes
Amenities included: Fitness Center, Kitchen Facilities, Pool
HOA fee: $563 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $1,063/sqft
Date on market: 2/9/2026
Listing terms: All Cash,Conventional

Estimated market value

$460,600

$438,000 - $484,000

$3,071/mo

Price history

Date	Event	Price
5/26/2026	Listing removed	$2,900$6/sqft
Source: MIAMI #A12018413 Report a problem
5/13/2026	Listed for rent	$2,900$6/sqft
Source: MIAMI #A12018413 Report a problem
2/9/2026	Listed for sale	$475,000$1,063/sqft
Source: MIAMI #A11961966 Report a problem