121 NE 5th Street 807 Miami, FL $ 490,000
121 NE 5th Street 807
$ 490,000
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121 NE 5th Street 807

Miami, FL, 33132
$ 490,000
Baths1.0 Sq 447

Monthly Estimate*

$ 3,017

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Studio

Condo for sale in Miami, FL

for $490,000 with 1 full bath. This 447 square foot condo was built in 2025.

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.

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Condo Active

Price

$ 490,000

Bedrooms

Studio

Full Bath

1

Property Type

Condo

Taxes

$ 0

Style

Year Built

2025

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11961922

Features
General
Heating Central
Cooling Central Air
Utilities Cable Available
Possession Closing & Funding
Appliances Dryer Dishwasher Disposal Microwave Refrigerator Washer
HOA Fee 657
Garage Spaces 0
Association Fee Includes Amenities Cable TV Hot Water Internet Water
Patio/Porch Features Patio
Architectural Style High Rise
Pool Features Association
Security Features Door Man Elevator Secured Lobby Secured
Restrictions Daily Rentals Allowed
Construction Materials Block
Pets Allowed Conditional Yes
Year Built 2025
View City
Unit Number 807
Property Subtype Condominium
Tax Year 2025
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential
Association Amenities Community Kitchen Fitness Center Pool
Subdivision Name 501 First Residences
Facing Direction South
Garage Y/N false
Total Rooms 0
Full Baths 1
Special Listing Conditions Listed As-Is
Status Active
City Miami
Entry Location 8
Senior Community Y/N false
MLS Area 41
Lot Size Units Square Feet
Carport Spaces 0
Carport Y/N false
Listing Terms Cash Conventional
Property Attached Y/N true
Year Built Details New Construction
Tax Annual Amount 0
Lease Considered Y/N false
Virtual Tour https://tours.swift-pix.com/3SMkxJDm
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Condominium
Legal Description 501 First Residences
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Interior
Interior Amenities Bedroom on Main Level First Floor Entry Main Living Area Entry Level
Flooring Ceramic Tile
Furnished Y/N Furnished
Total Stories 40
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 0
Entry Level 8
Total Baths 1
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Exterior
Exterior Amenities Security/High Impact Doors Patio
Parking Features None
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Optimar International Realty

Broker

ginnarojas@hotmail.com

Email

Affordability Calculator

$3,017
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,017
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/9/2026$490,000 Listed Price

Map


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121 NE 5th Street 807, Miami, FL, 33132 is a Condo for sale at $490,000 with 447 sqft. 121 NE 5th Street 807 is a studio with 1.0 baths and was built in 2025. The property's zip code is 33132 which is in Miami, FL