Miami, FL 33132 121 NE 5th Street 807
$449,000



22 more






















Presented By: This listing is courtesy of Optimar International Realty
Home Details
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.
Presented By: This listing is courtesy of Optimar International Realty
Interior Features for 121 NE 5th Street 807
Bedrooms
Total Bedrooms
Bathrooms
Total Baths1
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramic Tile
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesBedroom on Main Level, First Floor Entry, Main Living Area Entry Level, Shower Only
Total Stories40
Other Rooms
Entry Level8
General for 121 NE 5th Street 807
AppliancesDryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Architectural StyleHigh Rise
Assoc Fee Paid PerMonthly
Association AmenitiesCommunity Kitchen, Fitness Center, Pool
Association Fee IncludesAmenities, Cable TV, Hot Water, Internet, Water
Carport Spaces
Carport Y/NNo
CityMiami
Construction MaterialsBlock
CoolingCentral Air
CountyMiami-Dade
Entry Location8
Facing DirectionSouth
Full Baths1
Garage Spaces
Garage Y/NNo
HOA Fee$657
HeatingCentral
Lease Considered Y/NNo
Legal Description501 First Residences
Listing TermsCash, Conventional
Lot Size UnitsSquare Feet
MLS Area41
Occupancy TypeVacant
Patio/Porch FeaturesPatio
Pets AllowedConditional, Yes
Pool FeaturesAssociation
PossessionClosing & Funding
PostalCityMiami
Property Attached Y/NYes
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
RestrictionsDaily Rentals Allowed
Security FeaturesDoor Man, Elevator Secured, Lobby Secured
Senior Community Y/NNo
Special Listing ConditionsListed As-Is
Standard StatusActive
StatusActive
Subdivision Name501 First Residences
Tax Annual Amount0
Tax Year2025
Total Rooms0
Unit Number807
UtilitiesCable Available
ViewCity
Virtual TourClick here
Year Built2025
Year Built DetailsNew Construction
Exterior for 121 NE 5th Street 807
Covered Spaces
Exterior AmenitiesSecurity/High Impact Doors, Patio
Parking FeaturesNone
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Vanessa Naranjo
Realtor®
SQFT • 447