121 NE 5th Street # 401B, Miami FL 33132, photo 1
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$439,000

CondominiumActive
⏱️ Listed 125 days ago (~4 months)⬇️ Price reduced $6,000 (1%) on March 30, 2026
0Beds
1Baths
447Sq Ft
2025Built

121 NE 5th Street # 401B, Miami FL 33132

MLS #A11961990

About This Property

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.

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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

$563 / Monthly

Days on Market

125

MLS #

A11961990

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
KLA Schools of Brickell0.8 mi
600 SW 1st Ave, Miami
KLA Elementary0.8 mi
625 SW 1st Ave, Miami
Brickell Heights Elementary0.9 mi
25 SW 9th St, Miami
Lincoln-Marti Schools - 8th Ave1.0 mi
221 NW 8th Ave, Miami
Lincoln-Marti Schools - 01-9531.2 mi
953 SW 1st St, Miami
Lincoln-Marti Community Agency 801.4 mi
880 SW 8th St, Miami
La Prima Casa Montessori - Brickell Campus1.6 mi
1770 Brickell Ave, Miami
Debbie School UM1.6 mi
1611 NW 12th 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

$439,000
121 NE 5th Street # 401B, Miami FL 33132
0Beds
1Baths
447Sq Ft
📞 (305) 680-5672💬 WhatsApp
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121 NE 5th Street # 401B, Miami FL 33132$439,000

Listing provided by Ginna Rojas at Optimar International Realty. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A11961990.