ActiveCondominium
121 NE 5th Street # 807, Miami FL 33132
Miami, FL 33132 · MLS #A11961922The residence
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.
At a glance
Property details
- Property type
- Condominium
- Listing type
- For sale
- Status
- Active
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 447 sq. ft.
- Year built
- 2025
- Lot size
- 0 sq. ft.
- Subdivision
- 501 First Residences
- County
- Miami-Dade County
- Days on market
- 263
- Original list price
- $490,000
- Listing date
- February 9, 2026
- MLS record updated
- October 30, 2026
- Association fee
- $657 monthly
- Listing agent
- Ginna Rojas
- Listing office
- Optimar International Realty
- MLS number
- A11961922
Neighborhood & location
Explore 501 First Residences
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $2,270
- Property taxes
- $0
- Homeowners insurance
- $225
- HOA
- $657
- Estimated total
- $3,152
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
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Listing courtesy of Optimar International Realty, 305-947-0477.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.