For saleActiveListed Feb 9, 2026 · 254 days
$449,000

121 NE 5th St #807, Miami, FL 33132

Studio1 bath447 sq ft$1,004 per sq ftBuilt 2025

As of , this studio, 1 bath condo at 501 First Residences is for sale at $449,000 ($1,004 per sq ft). It was listed on .

MLS data updated .

Key facts

Type
Condo
Year built
2025
HOA fee
$657 / month
View
Skyline
Waterfront
No
Pets
Pets allowed, with restrictions
Cooling
Central Air
Heating
Central
MLS number
A11961922

Listing information

Listing courtesy of Optimar International Realty, 305-947-0477, cristina@optimar.com

Listing agent: Ginna Rojas, ginnarojas@hotmail.com

BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.

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

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.

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 building

The Miami market

As of , the median asking price in Miami is $639,000, or $497 per sq ft, across 8,405 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
254
Original list price
$490,000
Price changes
1
DateEventPrice
Price changed$490,000 → $449,000
Listed$490,000

From the MLS. RealVista does not show sold prices.

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