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0 Beds
1 Bath
447 sqft

$475,000

121 NE 5th Street 1001B, Miami FL, 33132

Price per sqft$1,062.64
Built in2025
Property size447 sqft
Property typeCondominium

Overview

Active

Listed Feb 9, 2026

Updated 3 days ago

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.

$3,160/mo

Est. mortgage payment based on a $475,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A11961966

Interior Features

Bedrooms
0
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Association Fee Frequency
Monthly
View
Yes
Pets Allowed
Yes
New Construction
Yes
Furnished
Yes
55+/Senior Community
No

Listed with Optimar International Realty

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 5:25 AM UTC, 10/7/2026

 

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