27 Days on Market
Condo for Sale
$415,000
2 bd · 2 ba · 791 sqft
151 SE 1st St # 811, Miami, FL 33131
CENTRO CONDO
121 NE 5th Street # 1001B, Miami, FL 33132
$475,0000 Beds1 Baths447 Sq. Ft.$1,063 / sq. ft.
Miami, FL 33132 · MLS# A11961966 · Active · 501 First Residences
Status
Active
Type
Condominium
Year Built
2025
Days on Market
266
MLS #
A11961966
County
Miami-Dade County
Description of 121 NE 5th Street # 1001B, Miami, FL 33132
High-floor fully furnished studio at 501 First Residences designed for investors seeking daily rental income potential in the heart of Downtown Miami. Unit 1001B offers 385 SF (36 m²) with a modern open layout, floor-to-ceiling glass, and a private balcony delivering natural light and an efficient, guest-friendly design. The residence comes turnkey furnished with blinds and sofa bed, includes private storage, and is located in a building that permits short-term rentals with no minimum lease restrictions, making it an excellent addition to any income-producing portfolio. Residents and guests enjoy access to resort-style amenities, fitness facilities, social and co-working areas, and proximity to Miami Worldcenter, Brightline, shopping, dining, and entertainment venues. A compact, income-ready unit optimized for high-demand short-term rental use.
Property Details for 121 NE 5th Street # 1001B, Miami, FL 33132
- Bathrooms Full
- 1
- Interior Features
- First Floor Entry
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Flooring
- Ceramic Floor
- Heating
- Central
- Cooling
- Central Air
- Furnished
- Furnished,Turn Key Furnished
- Architectural Style
- High Rise
- Garage Spaces
- 0
- Parking Features
- None
- Pool Private
- No
- Year Built Details
- New Construction
- Property Condition
- New Construction
- Direction Faces
- South
Building Information for 121 NE 5th Street # 1001B, Miami, FL 33132
- Building Name
- 501 First Residences
- Building Area Units
- Square Feet
- Stories Total
- 40
- Entry Level
- 10
- Association
- Yes
- Association Fee
- $563
- Association Fee Frequency
- Monthly
- Association Amenities
- Exercise Room, Kitchen Facilities, Pool
- Pets Allowed
- Restrictions Or Possible Restrictions
- Security Features
- Doorman, Elevator Secure, Lobby Secured
Property Information for 121 NE 5th Street # 1001B, Miami, FL 33132
- Waterfront
- No
- View
- Skyline
- Construction Materials
- CBS Construction
- Exterior Features
- East Of Us1
- New Construction
- Yes
Public Records for 121 NE 5th Street # 1001B, Miami, FL 33132
- Parcel Number
- 00-00-00-000-1001
- Tax Annual Amount
- 0
- Tax Year
- 2025
- Tax Legal Description
- 501 First Residences
- County Or Parish
- Miami-Dade County
Payment Calculator
Estimated Payment
$3,638/mo
- Principal & Interest
- $2,402
- Property Taxes
- $435
- Home Insurance
- $238
- HOA Dues
- $563
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
Location
121 NE 5th Street # 1001B, Miami, FL 33132 · See all Miami condos for sale
Courtesy of Optimar International Realty
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More information about 121 NE 5th Street # 1001B, Miami, FL 33132
121 NE 5th Street # 1001B is a condo for sale in Miami, FL 33132. This property was listed for sale on February 9, 2026 by Optimar International Realty, it's currently listed at $475,000. This listing's school district is Miami-Dade County Public Schools. 121 NE 5th Street # 1001B is a 0-bed, 1-bath, 447 sqft condo built in 2025.