Condominium at 501 First Residences in Miami

$475,000

Brickellsold Estimate* (fallback: list price)$475,000 (list price)

Listing courtesy of Optimar International Realty; Ginna Rojas. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedrooms

n/a

bathroom

1

Square Footage

447

Type of Property

Condominium, Residential

Details

Overview

Sub Type
Condominium
Price Per Sqft
$1,063/sqft
Built In
2025
Association Fee
$563/mo HOA

Description

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.

This condominium home located at 121 NE 5th Street # 1001B, Miami FL 33132 is currently for sale and has been available on Brickellsold for 206 days. This property is listed at $475K. It has N/A beds, 1 bathrooms, and is 447 square feet. It was built in 2025. 121 NE 5th Street # 1001B, Miami FL 33132 is in Miami county Miami-Dade County.

Interior

Bathrooms
1
Bathrooms Full
1
Features
  • Flooring: Ceramic Floor
  • Common walls with other units/homes: High Rise
Heating
Central
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Total interior livable area
447 sqft

Property

Parking
  • Parking Features: None
Parcel Number
00-00-00-000-1001
Features
  • Entry location: First Floor Entry
  • Exterior Features: East Of Us1
  • Has View: Yes
  • View Description: Skyline

Construction

Property subtype
Condominium, Residential
Attached to another structure
Yes
Materials
CBS Construction
Condition
  • New Construction: Yes
  • Year Built: 2025

Community & HOA

Community
  • Security Features: Doorman, Elevator Secure, Lobby Secured
  • Subdivision: 501 First Residences
HOA
  • Has HOA: Yes
  • Amenities: Exercise Room, Kitchen Facilities, Pool
  • HOA Fees: $563/mo
Region
Miami

Financial

Price Per Sqft
$1,063/sqft
Association Fee
$563/mo
On Market Date
2/8/2026
Listing Terms
All Cash, Conventional

Metadata

Added
2/9/2026
Updated
9/3/2026
MLS#
A11961966
Days on Market
206
Listed By
Optimar International Realty
Originating MLS
A-Miami Association of REALTORS

Neighborhood Insights

School and crime data are from public sources and are informational only.

Nearby Schools

Within 5 miles

  • School For Advanced Studies Wolfson 0.0 mi • K-12
  • New World School of the Arts 0.0 mi • K-12
  • Law Enforcement Officers Memorial Senior High 0.0 mi • K-12
  • School Board Adm - Main Building 0.0 mi • K-12
  • Anna Brenner Meyers Telecommunication Complex 0.0 mi • K-12
  • K-12 Distance Learning 0.0 mi • K-12

Nearby Hospitals

Within 3 miles

No nearby hospitals found.

Crime Overview

Crime data unavailable for this area.

Map

Price History

EventPriceDate
Original list price$475,000Feb 9, 2026

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