Experience sophisticated urban living at 501 First Residences, a newly built luxury tower in the heart of Downtown Miami. This beautifully appointed and professionally decorated studio offers striking Manhattan-style skyline views from its private balcony, creating a true metropolitan atmosphere. Featuring contemporary finishes, a fully equipped kitchen, an in-unit washer and dryer, and a thoughtfully designed living space. Enjoy resort-style amenities including a spectacular rooftop pool, fitness center, hot tub, cold plunge, rooftop cinema, and resident lounges. Currently operating as a successful Airbnb short-term rental generating strong income, with the flexibility of nightly rentals. An exceptional turnkey investment opportunity! Inquire for annual rental income details.
New construction
$355,000
121 NE 5th St #1909, Miami, FL 33132
0beds
359sqft
Condominium
Built in 2025
-- sqft lot
$-- Zestimate®
$989/sqft
$589/mo HOA
What's special
Contemporary finishesPrivate balconySpectacular rooftop poolIn-unit washer and dryerFully equipped kitchenThoughtfully designed living space
- 3 days
- 73
- 4
Zillow last checked:
Listing updated:
Listed by:
Ygal Benichay 305-321-6425,
Rich Homes of Florida
Source: MIAMI,MLS#: A12105289
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Range, Electric Water Heater, Refrigerator, Oven, Washer
Features
- Closet Cabinetry
- Flooring: Ceramic Tile
- Furnished: Yes
Interior area
- Total structure area: 359
- Total interior livable area: 359 sqft
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Entry location: First Floor Entry
- Exterior features: Balcony
- Pool features: Association
- Has view: Yes
- View description: Skyline
Details
- Parcel number: 0141010083220
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Community & HOA
Community
- Security: Fire Sprinkler System, Smoke Detector, Doorman, Elevator Secure, Card Entry, Fire Alarm, Lobby Secured, TV Camera
- Application fee: $150
- Subdivision: 501 First Residences
HOA
- Has HOA: Yes
- Amenities included: Business Center, Community Room, Elevator(s), Fitness Center, Exterior Lighting, Pool
- HOA fee: $589 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $989/sqft
- Date on market: 10/12/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Listed for sale | $355,000$989/sqft |
Source:  MIAMI #A12105289 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Downtown
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