About 121 Ne 5th Street #1001b
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.
Features of 121 Ne 5th Street #1001b
| MLS® # | A11961966 |
|---|---|
| Price | $475,000 |
| 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 #1001b |
|---|---|
| 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 | 208 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 563 |
| HOA Fees Freq. | Monthly |
| Tax Year | 2025 |
Listing Details
| Office | Optimar International Realty |
|---|