
121 NE 5th St #401B, Miami, FL 33132
As of , this studio, 1 bath condo at 501 First Residences is for sale at $439,000 ($982 per sq ft). It was listed on .
MLS data updated .
Key facts
- Type
- Condo
- Year built
- 2025
- HOA fee
- $563 / month
- View
- Skyline
- Waterfront
- No
- Pets
- Pets allowed, with restrictions
- Cooling
- Central Air
- Heating
- Central
- MLS number
- A11961990
Listing information
Listing courtesy of Optimar International Realty, 305-947-0477, cristina@optimar.com
Listing agent: Ginna Rojas, ginnarojas@hotmail.com
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MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.
Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.
Listing last changed .
From the listing
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.
The text above is the listing description from the MLS, as written by the listing agent.
The building
501 First ResidencesAs of , 501 First Residences has 43 condos for sale, most from $435,000 to $929,000, and 29 for rent. The median asking price is $1,115 per sq ft.See all units and prices in this buildingThe Miami market
As of , the median asking price in Miami is $639,000, or $498 per sq ft, across 8,408 listings for sale. The median listing for sale there has been on the market for 90 days.
Price and status history
- Listing date
- Days on market
- 253
- Original list price
- $465,000
- Price changes
- 1
| Date | Event | Price |
|---|---|---|
| Price changed | $465,000 → $439,000 | |
| Listed | $465,000 |
From the MLS. RealVista does not show sold prices.



