About 121 Ne 5th Street #807
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.
Features of 121 Ne 5th Street #807
| MLS® # | A11961922 |
|---|---|
| Price | $449,000 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 447 |
| Year Built | 2025 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Community Information
| Address | 121 Ne 5th Street #807 |
|---|---|
| Area | 2410 |
| Subdivision | 501 First Residences |
| City | Miami |
| Building | 501 First |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33132 |
Amenities
| Amenities | Fitness Center, Pool, Kitchen Facilities, Maintenance |
|---|---|
| Utilities | Cable Available |
| View | Skyline |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Disposal, Dishwasher, Microwave, Refrigerator, Washer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 40 |
Exterior
| Construction | CBS |
|---|
School Information
| Elementary | Frederick Douglass |
|---|---|
| Middle | Jose De Diego |
| High | Booker T. Washington |
Additional Information
| Date Listed | February 9th, 2026 |
|---|---|
| Days on Market | 207 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 657 |
| HOA Fees Freq. | Monthly |
| Tax Year | 2025 |
Listing Details
| Office | Optimar International Realty |
|---|
