
MIAMI REALTORS® MLS121 NE 5th Street 401B, Miami, FL 33132
- Beds
- 0
- Baths
- 1
- Sqft
- 447
- Home type
- Condominium
- Year built
- 2025
- Lot size
- —
- Price / sqft
- $982
- HOA
- $563/mo
- Community
- 501 First Residences
Property description
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.
Listing activity
- Days on market
- 228
- Listed
- Feb 9, 2026
- MLS listing updated
- Sep 25, 2026
- Feed last checked
- 13 minutes ago
Listed by Ginna Rojas · Optimar International Realty
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 0
- Bathrooms
- 1
- Bathrooms (decimal)
- 1
- Full bathrooms
- 1
Rooms & features
- Rooms
- 0
- Flooring
- Ceramic Tile
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Furnished
- Furnished
Heating & cooling
- Heating
- Central
- Cooling
- Central Air
Property
Parking
- Garage spaces
- 0
- Carport spaces
- 0
- Covered spaces
- 0
Exterior
- Stories
- 40
- Entry level
- 1
- Patio & porch
- Patio
- View
- Skyline
- Waterfront property
- No
Lot
- Road frontage
- East of US-1
Construction
Type & style
- Home type
- Condominium
- Year built
- 2025
- New construction
- Yes
Materials
- Construction
- CBS
- Property condition
- New Construction
- Faces
- South
Utilities & green energy
Utilities
- Utilities
- Cable Available
Community & HOA
Community
- Subdivision
- 501 First Residences
- MLS area
- 2410
- Security
- Elevator Secure, Lobby - Attended, Security System
- Pets allowed
- Pet Restrictions Possible, Yes
- 55+ community
- No
Association
- Has association
- Yes
- Association fee
- $563 monthly
- Estimated monthly dues
- $563
- Amenities
- Maintenance, Pool, Fitness Center, Kitchen Facilities
- Services included
- Cable TV, Hot Water, Internet, Water
Lease details
Not reported by the listing source.
Location
Area details
- City
- Miami
- County
- Miami-Dade
- ZIP code
- 33132
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A11961990
- Possession
- Negotiable
- Original list price
- $465,000
- Parcel number
- 0000000000401
- Annual property tax
- $0
- Tax year
- 2025
- Tax legal description
- 501 First Residences
Additional MLS details
Reported by the listing source
- Association Amenities
- Maintenance, Pool, Fitness Center, Kitchen Facilities
- Association Fee Frequency
- Monthly
- Association Fee Includes
- Cable TV, Hot Water, Internet, Water
- Association
- Yes
- Bathrooms Total Decimal
- 1
- Bathrooms Total Integer
- 1
- Construction Materials
- CBS
- County Or Parish
- Miami-Dade
- Days On Market
- 228
- Direction Faces
- South
- Elementary School
- Frederick Douglass
- High School
- Booker T. Washington
- List Price
- 439000
- Listing Contract Date
- 2026-02-09
- Living Area
- 447
- MLSArea Major
- 2410
- Middle Or Junior School
- Jose De Diego
- Mls Status
- Active
- On Market Date
- 2026-02-09
- Patio And Porch Features
- Patio
- Photos Count
- 31
- Postal Code
- 33132
- Price Change Timestamp
- 2026-03-30T03:38:56Z
- Property Sub Type
- Condominium
- Property Type
- Residential
- Road Frontage Type
- East of US-1
- Rooms Total
- 0
- Security Features
- Elevator Secure, Lobby - Attended, Security System
- Senior Community
- No
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-02-09T19:17:57Z
- Stories Total
- 40
- Subdivision Name
- 501 First Residences
- Tax Annual Amount
- 0
- Bathrooms Full
- 1
- Bedrooms Total
- 0
- Waterfront
- No
- Financial Information: Estimated Monthly Assoc Recurring Fee
- 563
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Feb 9, 2026 | ListedMIAMI REALTORS® MLS | $465,000$1,040/sqft |
| Mar 30, 2026 | Price reducedMIAMI REALTORS® MLS | $439,000$982/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $0 | — |
Payment calculator
- Principal & interest
- $2,278
- Property taxes
- $0
- Insurance
- $220
- Association dues
- $563
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
501 First ResidencesMiami · Miami-Dade County · 33132
Climate risk
—No licensed climate-risk source is connected.
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