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



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Presented By: 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: Optimar International Realty
Interior Features for 121 NE 5th Street 807
Bedrooms
Total Bedrooms
Bathrooms
Total Baths1
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramicTile
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesBedroomOnMainLevel, SeparateShower
Total Stories40
Other Rooms
Entry Level1
General for 121 NE 5th Street 807
AppliancesDryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Assoc Fee Paid PerMonthly
Association AmenitiesCommunityKitchen, FitnessCenter, MaintenanceGrounds, Pool
Association Fee IncludesCableTv, HotWater, Internet, Water
Carport Spaces
CityMiami
Construction MaterialsBlock
CoolingCentralAir
CountyMiami-Dade
Elementary SchoolFrederick Douglass
Facing DirectionSouth
Full Baths1
Garage Spaces
Garage Y/NNo
HOA Fee$657
HeatingCentral
High SchoolBooker T. Washington
Legal Description501 First Residences
MLS Area2410
Middle/Junior High SchoolJose De Diego
New ConstructionYes
Occupancy TypeVacant
Patio/Porch FeaturesPatio
Pets AllowedPetRestrictions, Yes
Pool FeaturesAssociation
PossessionNegotiable
PostalCityMiami
Property ConditionNewConstruction
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
Security FeaturesSecuritySystem, ElevatorSecured, LobbySecured
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision Name501 First Residences
Tax Annual Amount0
Tax Year2025
Unit Number807
UtilitiesCableAvailable
ViewCity
Virtual TourClick here
Year Built2025
Exterior for 121 NE 5th Street 807
Covered Spaces
Exterior AmenitiesOutdoorLivingArea
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Booker T. Washington High School
Middle School
Jose De Diego Middle School
Yusniel Aguero
Realtor®
SQFT • 447