Premier Brokers International
121 NE 5th Street 1404, Miami, FL 33132
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A11992993
$489,000

121 NE 5th Street 1404, Miami, FL 33132

Beds
0
Baths
1
Sqft
—
Est. payment$3,370/mo
Home type
Condominium
Year built
2026
Lot size
—
Price / sqft
—
HOA
$588/mo
Community
501 First Residences

Property description

Excellent investor opportunity! This brand-new furnished studio in Downtown Miami can be rented daily. Located in modern 501 First building, just steps from the Metromover, with easy access to Brickell, Miami Beach, and major highways. This contemporary unit features modern finishes, new appliances with washer and dryer included, and an efficient layout. Enjoy living in a luxury building in the heart of the city, close to restaurants, shopping, and entertainment. Amenities include 75-foot resort-style rooftop pool, state-of-the-art fitness center, yoga/meditation area, sunrise and sunset terraces with city views, greenhouse lounge, co-working spaces, pet lounge with pet-washing station, and more! Perfect for convenient urban living.

Listing activity

Days on market
177
Listed
Apr 1, 2026
MLS listing updated
Sep 25, 2026
Feed last checked
1 minute ago

Listed by Marina V Deganis · Exclusive Living R.E. LLC

Map

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
0
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0

Rooms & features

Rooms
0
Interior features
Built-in Features, Closet Cabinetry
Flooring
Tile
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Furnished
Furnished

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
1
Garage
Yes
Carport spaces
0
Covered spaces
1
Parking features
Valet
Attached garage
No

Exterior

Stories
40
Exterior features
Balcony, Lighting
View
Skyline
Waterfront property
No
Construction

Type & style

Home type
Condominium
Year built
2026
New construction
No

Materials

Construction
Block
Property condition
Resale
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
501 First Residences
MLS area
2410
Security
Elevator Secure, Lobby - Attended
Pets allowed
Yes
55+ community
No

Association

Has association
Yes
Association fee
$588 monthly
Estimated monthly dues
$588
Amenities
Pool, Business Center, Clubhouse, Elevator(s), Fitness Center, Lobby
Services included
Common Areas, Elevator, Hot Water, Internet, Trash, 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
A11992993
Possession
Close Of Escrow
Original list price
$489,000
Parcel number
0141010081470
Annual property tax
$0
Tax year
2025
Tax legal description
501 FIRST RESIDENCES CONDO UNIT 1404 UNDIV 0.14822% INT IN COMMON ELEMENTS OFF REC 35067-4463
Additional MLS details

Reported by the listing source

Association Amenities
Pool, Business Center, Clubhouse, Elevator(s), Fitness Center, Lobby
Association Fee Frequency
Monthly
Association Fee Includes
Common Areas, Elevator, Hot Water, Internet, Trash, Water
Association
Yes
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
177
Elementary School
Frederick Douglass
High School
Booker T. Washington
List Price
489000
Listing Contract Date
2026-04-01
MLSArea Major
2410
Middle Or Junior School
Jose De Diego
Mls Status
Active
On Market Date
2026-04-01
Photos Count
41
Postal Code
33132
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Elevator Secure, Lobby - Attended
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-04-01T04:00:00Z
Stories Total
40
Subdivision Name
501 First Residences
Tax Annual Amount
0
Bathrooms Full
1
Bedrooms Total
0
Waterfront
No
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
588

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
Apr 1, 2026ListedMIAMI REALTORS® MLS$489,000

Public tax history

YearProperty taxesAssessment
2025$0—

Payment calculator

Estimated monthly payment$3,370/moIllustrative estimate, not a loan offer.
Principal & interest
$2,537
Property taxes
$0
Insurance
$245
Association dues
$588

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.

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Exclusive Living R.E. LLC. 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.