About This Home

This 0-bedroom, 1-bathroom condo at 121 NE 5th Street #807 in Miami, FL is listed for $449,000 ($1,004 per sqft). Built in 2025, the home offers 447 sqft of living space on a N/A lot.

Key Features

  • Built in 2025

Property Details

1 full
#807
2025

Amenities

A/C
Listing Description

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 w

alkability 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.

Monthly Cost Estimate

$3,058/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,946
Insurance$131
HOA$657

Estimates only. Actual payments may vary.

Location

121 NE 5th Street #807

Miami, FL 33132

501 First Residences

Features & Amenities

Interior Features

Bedroom on Main LevelFirst Floor EntryMain Living Area Entry LevelShower Only

Exterior Features

Security/High Impact DoorsPatio

Property Details

Flooring

Tile - Ceramic

Construction

CBS (Concrete Block Structure) Block

Outdoor Features

Patio

Heating

Central

Cooling

Central Air

Appliances

DryerDishwasherDisposalMicrowaveRefrigeratorWasher

Questions & Answers

This 0-bedroom, 1-bathroom condo at 121 NE 5th Street is listed at $449,000 ($1,004/sqft). The estimated monthly payment is $3,058 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $657/month.

Key features include: Built in 2025. Interior Features: Bedroom on Main Level, First Floor Entry, Main Living Area Entry Level. Exterior Features: Security/High Impact Doors, Patio.

This property is listed by Ginna Rojas.

GR

Ginna Rojas

License 3175274

Agent at Optimar Realty Group LLC

Listed by Optimar Realty Group LLC · Broker phone: (305) 947-0477 · View on Broker Site · Broker website

MLS# A11961922· Source: Miami REALTORS®· 7 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

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