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About This Home

This 0-bedroom, 1-bathroom condo at 121 NE 5th Street in Miami, FL is listed for $475,000 ($1,063 per sqft). Built in 2025, the home offers 447 sqft of living space on a N/A lot.

Agent Description

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.

Key Features

  • Built in 2025
  • 40 stories

Property Details

40 stories
1 full
#1001B
2025

Amenities

View

Monthly Cost Estimate

$2,540/mo

20% down · 6.5% · 30 years

Principal$344
Interest$2,058
Insurance$139

Estimates only. Actual payments may vary.

Location

121 NE 5th Street

Miami, FL 33132

501 First Residences

Features & Amenities

Interior Features

Door ManElevator SecuredLobby SecuredBedroom On Main LevelFirst Floor EntryMain Living Area Entry Level

Exterior Features

Security/High Impact DoorsPatio

Property Details

Flooring

TileTile - Ceramic

Construction

Block

Views

City

Parking

None

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerGarbage DisposerMicrowaveRefrigeratorWasher

Questions & Answers

This 0-bedroom, 1-bathroom condo at 121 NE 5th Street is listed at $475,000 ($1,063/sqft). The estimated monthly payment is $2,058 based on 20% down at 6.5% interest.

Key features include: Built in 2025, 40 stories. Interior Features: Door Man, Elevator Secured, Lobby Secured. Exterior Features: Security/High Impact Doors, Patio.

This property is listed by Ginna Rojas and can be reached at 3057106015 or ginnarojas@hotmail.com.

GR

Ginna Rojas

Agent at Optimar International Realty

(305) 710-6015

Listed by Optimar International Realty · View on Broker Site

MLS# A11961966· Source: listhub· Updated today

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, Miami, FL 33132

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