Miami, FL 33132 121 NE 5th Street 401B
$439,000



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Presented By: Optimar International Realty
Home Details
Investor-friendly turnkey studio at 501 First Residences—one of Downtown Miami’s newest buildings allowing legal daily rentals, ideal for Airbnb-style income strategies. Unit 401B offers 385 SF (36 m²) featuring an efficient open floor plan, floor-to-ceiling windows, and a private balcony designed to maximize guest appeal. Offered fully furnished with blinds and sofa bed, this residence includes private storage and is ready for immediate rental operation. Its flexible layout and low-maintenance design make it a strong option for investors seeking consistent short-term rental demand in a high-growth urban location. Enjoy access to modern amenities, fitness center, social lounges, and a central location steps from Miami Worldcenter, transit, entertainment, and cultural venues. A smart, income-producing opportunity in Miami’s evolving rental landscape.
Presented By: Optimar International Realty
Interior Features for 121 NE 5th Street 401B
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 401B
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$563
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 Number401B
UtilitiesCableAvailable
ViewCity
Virtual TourClick here
Year Built2025
Exterior for 121 NE 5th Street 401B
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
Karima Mouagni
Realtor®
SQFT • 447