$545,000
0 bd · 1 ba · 341 sqft
398 NE 5th St # 1712, Miami, FL 33132
THE ELSER
121 NE 5th Street # 401B, Miami, FL 33132
$439,0000 Beds1 Baths447 Sq. Ft.$982 / sq. ft.
Miami, FL 33132 · 501 First Residences
Status
Active
Type
Condominium
Year Built
2025
Days on Market
265
MLS #
A11961990
County
Miami-Dade County
Listing Remarks — 121 NE 5th Street # 401B, Miami, FL 33132
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.
Inside the Residence: 121 NE 5th Street # 401B, Miami, FL 33132
- Bathrooms Full
- 1
- Interior Features
- First Floor Entry
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Flooring
- Ceramic Floor
- Heating
- Central
- Cooling
- Central Air
- Furnished
- Furnished,Turn Key Furnished
- Architectural Style
- High Rise
- Garage Spaces
- 0
- Parking Features
- None
- Pool Private
- No
- Year Built Details
- New Construction
- Property Condition
- New Construction
- Direction Faces
- South
Building & Association Facts — 121 NE 5th Street # 401B, Miami, FL 33132
- Building Name
- 501 First Residences
- Building Area Units
- Square Feet
- Stories Total
- 40
- Entry Level
- 4
- Association
- Yes
- Association Fee
- $563
- Association Fee Frequency
- Monthly
- Association Amenities
- Exercise Room, Kitchen Facilities, Pool
- Pets Allowed
- Restrictions Or Possible Restrictions
- Security Features
- Doorman, Elevator Secure, Lobby Secured
Site, Views & Construction — 121 NE 5th Street # 401B, Miami, FL 33132
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- Skyline
- Construction Materials
- CBS Construction
- Exterior Features
- East Of Us1
- New Construction
- Yes
Tax & Parcel Record — 121 NE 5th Street # 401B, Miami, FL 33132
- Parcel Number
- 00-00-00-000-0401
- Tax Annual Amount
- 0
- Tax Year
- 2,025
- Tax Legal Description
- 501 First Residences
- County Or Parish
- Miami-Dade County
On the Map
121 NE 5th Street # 401B, Miami, FL 33132 · More homes in Miami
Courtesy of Optimar International Realty
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Quick Facts: 121 NE 5th Street # 401B, Miami, FL 33132
Listing summary: condo for sale at 121 NE 5th Street # 401B, Miami, FL 33132. It came to market on February 9, 2026 through Optimar International Realty. Public schools here fall under Miami-Dade County Public Schools. Layout: 0-bed, 1-bath, 447 sqft, in a structure dating to 2025.