Miami, FL 33132 121 NE 5th Street 1001B
$475,000



23 more























Presented By: This listing is courtesy of Optimar International Realty
Home Details
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.
Presented By: This listing is courtesy of Optimar International Realty
Interior Features for 121 NE 5th Street 1001B
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
Total Stories40
Other Rooms
Entry Level10
General for 121 NE 5th Street 1001B
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 Location10
Facing DirectionSouth
Full Baths1
Garage Spaces
Garage Y/NNo
HOA Fee$563
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 Number1001B
UtilitiesCable Available
ViewCity
Virtual TourClick here
Year Built2025
Year Built DetailsNew Construction
Exterior for 121 NE 5th Street 1001B
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
Erika Castillo
Realtor®
SQFT • 447