Virtual TourMap

For SaleCondominiumActive

121 NE 5th Street 807

Miami, FL 33132

$449,000

275 Days On Site

  • 1Baths1 full
  • 447Sq Ft
  • $1,004Per Sq Ft
  • 2025Built
Subdivision
501 First Residences
County
Miami-Dade
MLS®
A11961922

Overview

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.

Listing Snapshot

Price
$449,000
Days On Site
275 Days
Bedrooms
N/A
Inside Area (SqFt)
447 sqft
Total Baths
1
Full Baths
1
Partial Baths
0
Lot Size
N/A
Year Built
2025
MLS® Number
A11961922
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
$657 monthly
Sq Ft Source
N/A

Property Details

General Features

7 items
Direction Faces
South
Number Of Stories
40
Parking
None
Pets
Yes
Property Sub Type
Condominium
Style
HighRise
Utilities
Cable Available

Interior Features

6 items
Appliances
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air
Flooring
Ceramic Tile
Furnished
Furnished
Heating
Central
Interior
Master Downstairs

Exterior Features

5 items
Construction Details
Block, Concrete
Patio And Porch
Patio
Pool Features
Association
View
Skyline
Waterview
Skyline

Community Features

6 items
Association Amenities
Fitness Center, Pool, Hot Water
Association Fee
$657.0
Association Fee Frequency
Monthly
MLS Area
41
Financing Terms Available
Cash, Conventional
Building Access
8

Location

121 NE 5th Street 807, Miami, FL 33132 · 41

Neighborhood & Commute

ZIP Code 33132

Median household income
$87,747
Income per person
$60,231
Households
8,352
Average household size
1.80
Median age
35.1

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Price changed to $449,000
  3. Listing first seen on site
  4. Status changed to Active

Friends & Family

Similar Homes

For sale in Miami, condominium, within 20% of this price.

Listing courtesy of Optimar International Realty (305) 710-6015

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-12 09:35 AM EST

Powered by Showcase IDX, a Constellation1 company

We use cookies to improve your experience and our marketing. Privacy Policy