This listing is no longer active
The MLS feed no longer includes this property — it may have sold, gone under contract, or been withdrawn. Last seen on October 4, 2026. The details below are the last snapshot we captured. Contact Rangely for a similar property or current status.
501 First Residences
121 NE 5th Street # 401B, Miami FL 33132
1 baths · 447 ft²
1
Bathrooms
447
Sq. Ft.
2025
Year Built
40
Stories
234
Days on Market
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.
Facts
- MLS#
- A11961990
- Subdivision
- 501 First Residences
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 2025
- Lot Size
- 0 sqft
- Sq. Ft.
- 447 ft²
- Sq. Mt.
- 42 m²
- Price per sq. ft.
- $982/ft²
- Price per sq. mt.
- $10,452/m²
- Stories
- 40
- Garage
- —
- Pool
- —
- Days on Market
- 234 days
- Listed
- Feb 9, 2026
- Last Updated
- Oct 1, 2026
- Price/Lot Sq.Ft.
- —
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$449,000
— bd · 1 ba · 357 sqft
398 NE 5th St # 4713, Miami FL 33132
$415,000
— bd · 1 ba · 359 sqft
121 NE 5th St # 3304, Miami FL 33132
$415,000
— bd · 1 ba · 321 sqft
11 NE 6th St # 2506, Miami FL 33132
$415,000
— bd · 1 ba · 588 sqft
1600 NE 1st Avenue # 3703, Miami FL 33132
$468,000
— bd · 1 ba · 412 sqft
121 NE 5th St # 3200, Miami FL 33132
SOLD$425,000
— bd · 0 ba · —
14 NE 1st Ave # 300A, Miami FL 33132
$475,000
— bd · 1 ba · 447 sqft
121 NE 5th Street # 1001B, Miami FL 33132
$399,000
— bd · 1 ba · 305 sqft
697 N Miami Ave # 312, Miami FL 33132
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
October 2026
42
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 3/30/2026 | Price change | $439,000-5.6% |
| 2/9/2026 | Listed for sale | $465,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$2,852/mo
Principal & Interest
$2,337
Property Tax
$366
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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 and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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