Condominium at 501 First Residences in Miami

$439,000

Brickellsold Estimate* (fallback: list price)$439,000 (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
$982/sqft
Built In
2025
Association Fee
$563/mo HOA

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.

This condominium home located at 121 NE 5th Street # 401B, Miami FL 33132 is currently for sale and has been available on Brickellsold for 206 days. This property is listed at $439K. It has N/A beds, 1 bathrooms, and is 447 square feet. It was built in 2025. 121 NE 5th Street # 401B, 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
00-00-00-000-0401
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
$982/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#
A11961990
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$465,000Feb 9, 2026
Price change$445,000Mar 29, 2026
Current list price$439,000Mar 29, 2026

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