Real Estate by Fania — Stefania Riverin
(786) 828-0091

$475,000

121 NE 5th Street #1001B

Studio · 1 ba · 447 sq ft

266 days on marketCondominium
121 NE 5th Street #1001B, photograph 1 of 28121 NE 5th Street #1001B, photograph 2 of 28121 NE 5th Street #1001B, photograph 3 of 28121 NE 5th Street #1001B, photograph 4 of 28121 NE 5th Street #1001B, photograph 5 of 28121 NE 5th Street #1001B, photograph 6 of 28121 NE 5th Street #1001B, photograph 7 of 28121 NE 5th Street #1001B, photograph 8 of 28121 NE 5th Street #1001B, photograph 9 of 28121 NE 5th Street #1001B, photograph 10 of 28121 NE 5th Street #1001B, photograph 11 of 28121 NE 5th Street #1001B, photograph 12 of 28121 NE 5th Street #1001B, photograph 13 of 28121 NE 5th Street #1001B, photograph 14 of 28121 NE 5th Street #1001B, photograph 15 of 28121 NE 5th Street #1001B, photograph 16 of 28121 NE 5th Street #1001B, photograph 17 of 28121 NE 5th Street #1001B, photograph 18 of 28121 NE 5th Street #1001B, photograph 19 of 28121 NE 5th Street #1001B, photograph 20 of 28121 NE 5th Street #1001B, photograph 21 of 28121 NE 5th Street #1001B, photograph 22 of 28121 NE 5th Street #1001B, photograph 23 of 28121 NE 5th Street #1001B, photograph 24 of 28121 NE 5th Street #1001B, photograph 25 of 28121 NE 5th Street #1001B, photograph 26 of 28121 NE 5th Street #1001B, photograph 27 of 28121 NE 5th Street #1001B, photograph 28 of 28

Listing courtesy of Optimar International Realty. 305-947-0477

From the MLS

Bedrooms
Studio
Bathrooms
1
Living area
447 sq ft
Asking per square foot
$1,063
Year built
2025
Association fee
$563 monthly
ZIP code
33132
MLS number
A11961966

What the listing says

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.

Description supplied by Optimar International Realty.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.

Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

Work with Stefania

Or tell her what you are actually looking for

One listing is a data point. If you say what the place is for, she will come back with the buildings that fit and the ones to avoid.

CallTextWhatsAppMessage