Premier Brokers International
121 NE 5th Street 401B, Miami, FL 33132
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A11961990
$439,000

121 NE 5th Street 401B, Miami, FL 33132

Beds
0
Baths
1
Sqft
447
Est. payment$3,061/mo
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

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Feb 9, 2026ListedMIAMI REALTORS® MLS$465,000$1,040/sqft
Mar 30, 2026Price reducedMIAMI REALTORS® MLS$439,000$982/sqft

Public tax history

YearProperty taxesAssessment
2025$0—

Payment calculator

Estimated monthly payment$3,061/moIllustrative estimate, not a loan offer.
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 Residences

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frederick DouglassElementary
—
Jose De DiegoMiddle
—
Booker T. WashingtonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Optimar International Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.