About 121 Ne 5th Street #401b
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.
Condo/co-op/villa/townhouse property for sale in Miami, FL at 121 Ne 5th Street #401b. This Condo/co-op/villa/townhouse property is priced at $982/sqft
Features of 121 Ne 5th Street #401b
| MLS® # | A11961990 |
|---|---|
| Price | $439,000 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 447 |
| Year Built | 2025 |
| Type | Condo/co-op/villa/townhouse |
| Sub-Type | Condo/Co-Op |
| Status | Active |
Community Information: Miami
| Address | 121 Ne 5th Street #401b |
|---|---|
| Area | 2410 |
| Subdivision | 501 First Residences |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33132 |
Amenities of 121 Ne 5th Street #401b
| Amenities | Fitness Center, Pool, Kitchen Facilities, Maintenance |
|---|---|
| Utilities | Cable Available |
| View | Skyline |
| Is Waterfront | No |
| Has Pool | No |
Interior of 121 Ne 5th Street #401b
| Appliances | Dryer, Disposal, Dishwasher, Microwave, Refrigerator, Washer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 40 |
Exterior of 121 Ne 5th Street #401b
| Construction | CBS |
|---|
School Information
| Elementary | Frederick Douglass |
|---|---|
| Middle | Jose De Diego |
| High | Booker T. Washington |
Additional Information On 121 Ne 5th Street #401b
| Listing Courtesy of | Optimar International Realty |
|---|---|
| Date Listed | February 9th, 2026 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 563 |
Listing Details
| Office | Optimar International Realty |
|---|