About This Home

This 0-bedroom, 1-bathroom condo at 121 NE 5th Street #401B 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.

Key Features

  • Built in 2025

Property Details

1 full
#401B
2025

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$2,911/mo

20% down · 6.5% · 30 years

Principal$317
Interest$1,902
Insurance$128
HOA$563

Estimates only. Actual payments may vary.

Location

121 NE 5th Street #401B

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 $439,000 ($982/sqft). The estimated monthly payment is $2,911 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $563/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 and can be reached at 3057106015.

GR

Ginna Rojas

License 3175274

Agent at Optimar Realty Group LLC

(305) 710-6015
Agent website

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

MLS# A11961990· Source: Miami REALTORS®· 250 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 #401B, Miami, FL 33132

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