121 NE 5th Street # 807, Miami FL 33132, photo 1
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$449,000

CondominiumActive
⏱️ Listed 171 days ago (~6 months)⬇️ Price reduced $41,000 (8%) on March 31, 2026
0Beds
1Baths
447Sq Ft
2025Built

121 NE 5th Street # 807, Miami FL 33132

MLS #A11961922

About This Property

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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Marie I. Sanjurjo
Licensed Broker
Blue Mar Real Estate Group
📞 (305) 680-5672💬 WhatsApp Marie✉️ [email protected]

About Downtown Miami

Downtown Miami has transformed into a dense urban neighborhood with Kaseya Center (home of the Miami Heat), Bayside Marketplace, the Perez Art Museum, Frost Science Museum, and Bayfront Park within walking distance of each other. The Miami Riverwalk connects downtown to Brickell along the water, and the Metromover provides free transit throughout the core. Condos range from new construction towers to renovated historic buildings, attracting first-time buyers, investors, and downtown professionals.

Explore Downtown Miami📊 Downtown Miami market report

Property Details

Property Type

Condominium

Year Built

2025

Living Area

447 sq ft

Bedrooms

0

Bathrooms

1

Pool

No

Waterfront

No

Cooling

Central Air

Heating

Central

Flooring

Ceramic Floor

Construction

CBS Construction

Style

High Rise

HOA Fee

$657 / Monthly

Days on Market

164

MLS #

A11961922

Features & Amenities

Interior

First Floor Entry

Appliances

DishwasherDisposalDryerMicrowaveRefrigeratorWasher

Exterior

East Of Us1

Other

None

Nearby Schools

Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.

Assigned Public Schools
Elementary
Douglass, Frederick Elementary
Grades K-5
314 NW 12 St., Miami 33136
Middle
Jose de Diego MS
Grades 6-8
3100 NW 5 Ave., Miami 33127
High
Washington, Booker T. Senior High
Grades 9-12
1200 NW 6th Ave., Miami 33136
Private Schools Within 5 Miles
RJW The Academy of Arts Sciences0.7 mi
430 NW 9th St, Miami
KLA Schools of Brickell0.8 mi
600 SW 1st Ave, Miami
Key Point Christian Academy0.8 mi
609 Brickell Ave, Miami
KLA Elementary0.8 mi
625 SW 1st Ave, Miami
The Learning World Academy in Downtown0.8 mi
555 NE 15th St, Miami
Brickell Heights Elementary0.9 mi
25 SW 9th St, Miami
WorldEd International School1.0 mi
848 Brickell Ave, Miami
Lincoln-Marti Schools - 8th Ave1.0 mi
221 NW 8th Ave, Miami

School data source: Miami-Dade County Open Data Hub

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Location

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City

Miami

State

FL

ZIP Code

33132

County

Miami-Dade County

$449,000
121 NE 5th Street # 807, Miami FL 33132
0Beds
1Baths
447Sq Ft
📞 (305) 680-5672💬 WhatsApp
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121 NE 5th Street # 807, Miami FL 33132$449,000

Listing provided by Ginna Rojas at Optimar International Realty. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A11961922.