$449,000
 $2,410 est/mo Sourced by Back At You

121 NE 5th Street 807,Miami, FL 33132

Miami, FL 33132

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Description

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.

Details

MLS #A11961922
Listing TypeFor Sale
StyleCondominium
HOA Dues$657
Sub-TypeNew Construction
StatusActive
Year2025
Days On Site262
Listing Provided ByOptimar International Realty | Ginna Rojas

Features

Bath(s) 1 Total
SQ Feet447
PoolYes
Story(s)40
Property ViewYes

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount0

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area2410
Community Name501 First Residences
Listing VS Median (in 501 First Residences)
Price:
$449,000
low | high
Med:
$475,000
44.209354120267% of Average
sqft:
447
low | high
Med:
447
50% of Average
$ / sqft:
$1,004
low | high
Med:
$1,063
44.209354120267% of Average
On site:
262
low | high
Med:
262
100% of Average
Sourced by Back At You

Market Activity 33132

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area2410
Community Name501 First Residences
Listing VS Median (in 501 First Residences)
Price:
$449,000
low | high
Med:
$475,000
44.209354120267% of Average
sqft:
447
low | high
Med:
447
50% of Average
$ / sqft:
$1,004
low | high
Med:
$1,063
44.209354120267% of Average
On site:
262
low | high
Med:
262
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $336K - $561K
sqft: 335 - 559
Listing Updated: September 29, 2026 at 2:08:51 AM PDT