Condo
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Listing courtesy of Optimar International Realty
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Baths
447
SQUARE FEET
Condominium
Type
2025
Built
$563
HOA / mo
Listing courtesy of
Optimar International Realty
Ginna Rojas
MLS® #A11961990
Listing information last updated July 19, 2026
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Overview
This condo in Downtown Miami has 1 bathroom across 447 square feet, and is listed for sale at $439,000 (about $982 per square foot). Built in 2025.
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.
Listing history
Price reduced
↓ $6,000 from $445,000 · Mar 30, 2026 · MIAMI MLS
$439,000
Listed for sale
Feb 9, 2026 · MIAMI MLS
$465,000
Days on market
as of today
163 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
HOA / association dues
$563 / mo
Association type
Condo
Pets
Allowed (verify restrictions)
HOA dues include
All AmenitiesCable TvHot WaterInternet/WiFiWater
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Building report · MCR exclusive501 First Residences — recertification, reserves, units & pricing
Property details
MLS #A11961990
Price$439,000
Size447 Square Feet
Bathrooms1
Year built2025
TypeCondominium
StatusFor Sale
HOA$563 / mo
Price / Square Feet$982
Features & amenities
Dishwasher
Disposal
Dryer
East Of Us1
First Floor Entry
Has a View
Has Cooling System
Has Heating System
Home Owners Association
Microwave
New Construction
Property Attached
Refrigerator
Washer
Location
121 NE 5th Street # 401B, Miami FL 33132
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
HOA$563
Down (20%)—
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 163 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.