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About This Home

This 0-bedroom, 1-bathroom condo at 121 NE 5th Street in Miami, FL is listed for $439,000 ($982 per sqft). Built in 2025, the home offers 447 sqft of living space on a N/A lot.

Agent Description

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.

Key Features

  • Built in 2025
  • 40 stories

Property Details

40 stories
1 full
#401B
2025

Amenities

View

Monthly Cost Estimate

$2,348/mo

20% down · 6.5% · 30 years

Principal$317
Interest$1,902
Insurance$128

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 $439,000 ($982/sqft). The estimated monthly payment is $1,902 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# A11961990· 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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