Nikki Trombley - Arterra Realty Logo
$439,000
 $2,357 est/mo Sourced by Back At You

121 NE 5th Street 401b,Miami, FL 33132

Miami, FL 33132

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Description

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.

Details

MLS #A11961990
Listing TypeFor Sale
StyleCondominium
HOA Dues$563
Sub-TypeNew Construction
StatusActive
Year2025
Days On Site233
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:
$439,000
low | high
Med:
$510,000
33.826879271071% of Average
sqft:
447
low | high
Med:
373
66.666666666667% of Average
$ / sqft:
$982
low | high
Med:
$1,380
9.494557205274% of Average
On site:
233
low | high
Med:
100.5
100% of Average
Sourced by Back At You

Market Activity 33132

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Learn More About This Property

Nikki Trombley

Nikki Trombley

Arterra

 (586) 255-1223salesbynikki@gmail.com
StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area2410
Community Name501 First Residences
Listing VS Median (in 501 First Residences)
Price:
$439,000
low | high
Med:
$510,000
33.826879271071% of Average
sqft:
447
low | high
Med:
373
66.666666666667% of Average
$ / sqft:
$982
low | high
Med:
$1,380
9.494557205274% of Average
On site:
233
low | high
Med:
100.5
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 2:08:49 AM PDT