121 NE 5th Street, #1001B

Miami, FL 33132

121 NE 5th Street, #1001B

Miami, FL 33132

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.

Location

Listing Courtesy of Optimar International Realty

Property Information

General Information
    General Information
  • For Lease: No
  • Pet Restrictions : No
  • County Or Parish : Miami-Dade
  • Zip Code : 33132
  • City : Miami
  • List Price : $475,000
    Maintenance / Tax Information
  • Tax Amount : $0
  • Tax Year : 2025
  • Membership Required : No
    Building Information
  • Property Type : Residential
  • Subdivision : 501 First Residences
Virtual Tour / Features / Utilities
    Interior
  • Room Count : 0
  • Equipment Appliances : Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Floor Description : CeramicTile
  • Interior Features : Bedroom On Main Level, First Floor Entry, Main Living Area Entry Level, Shower Only
  • Beds Total : 0
  • Num of Full Baths : 1
  • Num of Half Baths : 0.0
  • Furnished : Furnished
  • Spa : No
    Exterior
  • Exterior Features : Security High Impact Doors, Patio
  • Construction Type : CBSConcreteBlockStructure,Block
  • Design : High Rise
  • Front Exposure : South
  • Pool : No
  • Pool Description : Association
  • Security : DoorMan, ElevatorSecured, LobbySecured
    Parking
  • Parking Description : None
    Utilities
  • Cooling Description : CentralAir
  • Heating Description : Central
Property / Lot Information
    Community Information
  • Association Fee: $563
  • Assoc Fee Paid Per: Monthly
    Building Information
  • Parcel Number Free Text: 00-00-00-000-1001
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121 NE 5th Street, #1001B is a condo for sale in Miami, FL 33132. This property was listed for sale on Feb 09, 2026 by Optimar International Realty for $475,000. Located in 501 First Residences is a 0-bed, 1-bath, 447 ft² / 42 m² sqft condo built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and expressly disclaim any liability in connection therewith. No financial or legal advice provided and fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

The data provided by Miami Association of REALTORS® MLS comes from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All data provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Miami Association of Realtors MLS data last updated on Nov 02, 2026.

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