121 NE 5th Street, #807

Miami, FL 33132

-8.37% ($41,000)

121 NE 5th Street, #807

Miami, FL 33132

Unit 807 Studio Turnkey investment opportunity at 501 First Residences, a modern Downtown Miami building allowing daily rentals with no minimum restrictions”ideal for short-term rental investors. Unit 807 is a well-designed studio residence offering 447 SF (42 m²) with an efficient open layout, floor-to-ceiling impact windows, and a private balcony providing natural light and urban city ambiance. Delivered fully furnished with blinds and sofa bed, this unit is ready for immediate rental income. The residence also includes a storage provided by the association, adding additional convenience and flexibility for owners and guests. 501 First Residences offers resort-style amenities, co-working spaces, fitness center, social lounges, and prime walkability to Miami Worldcenter, Brightline Station, Bayfront Park, dining, entertainment, and major transportation corridors. An ideal plug-and-play investment in one of Miami's fastest-growing short-term rental markets.

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 : $449,000
    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: $657
  • Assoc Fee Paid Per: Monthly
    Building Information
  • Parcel Number Free Text: 00-00-00-000-0807
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121 NE 5th Street, #807 is a condo for sale in Miami, FL 33132. This property was listed for sale on Feb 09, 2026 by Optimar International Realty for $449,000. 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 01, 2026.

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