$475,000
121 NE 5th Street # 1001B, Miami FL 33132
Miami, FL, 33132
- Year Built
- 2025
- Property Type
- Condominium
- HOA Fee
- $563/mo
- MLS #
- A11961966
Market Position
Using 199 of 758 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $475,000 · area median: $375,000
- Days on market
- 164 · area median: 50
Priced below 30% of 199 comparable listings · area median: $711/SF
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 25, 2026 · Newest source update: Jul 25, 2026
Listing courtesy of Optimar International Realty · 305-947-0477
Listed by Ginna Rojas
Last updated: Jul 23, 2026
Overview
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.
Features
Interior
Exterior
Flooring
Heating
Cooling
Parking
View
Appliances
est.$2,965/mo
Est. payment based on a $475,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
Similar Properties
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