$475,000
Miami, FL 33132
MLS# A11961966
1 baths
1 / 28
Property Description
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.
Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Vacant
Listing Date: 2026-02-09
Status: Active
Original List Price: 475000
List Price: $475,000
Current Price: $475,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 0
Postal Zip: 33132
Special Assessment YN: No
Country: United States
Street Number: 121
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Street
Unit Number: 1001B
State Or Province: FL
Postal Code: 33132
Subdivision Name: 501 First Residences
Area: 2410
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0000000001001
General Property Information
Unit Floor #: 10
Living Area Main: 447
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Furnished
Stories Total: 40
Property Sub Type: Condominium
Bathrooms Total: 1
Bathrooms Full: 1
Year Built: 2025
Direction Faces: South
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 563
Membership Fee Required YN: No
Association YN: 1
Association Fee: 563
Association Fee Frequency: Monthly
Tax Year: 2025
Tax Legal Description: 501 First Residences
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 100
Application Information
1-2 Weeks Approval: 1
Amenities
Fitness Center: 1
Kitchen Facilities: 1
Pool: 1
Association Amenities
Maintenance: 1
Association Fee Includes
Cable TV: 1
Hot Water: 1
Internet: 1
Water: 1
Entry Information
Entry Level: 1
Flooring
Ceramic Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Short Term Rentals Allowed: 1
Property Condition
New Construction: 1
Possession
Negotiable: 1
Special Information
Sold As-Is: 1
Utilities
Cable Available: 1
View
Skyline: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: 1
Unit Description
Studio: 1
High Rise: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
East of US-1: 1
Security Features
Elevator Secure: 1
Lobby - Attended: 1
Security System: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
Call Listing Agent: 1
Showing Service: 1
Main Living Area
Entry Level: 1
Master Bedroom/Bath
Bedroom On Entry Level: 1
Separate Shower: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Pet Restrictions Possible: 1
Storm Protection
Impact Glass: Partial
Tax Information
New Construction: 1
Outdoor Living Spaces
Patio: 1
Price Calculations
Current Price To SqFt: 1062.63
Section Details
Parcel Number MLX: 0
Status Change Information
Major Change Timestamp: 2026-02-09T18:57:18Z
Major Change Type: New Listing
Status Change Date: 2026-02-09
Originating Details
Originating System Key: 426565270
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval
Association Amenities: Maintenance
Association Fee Includes: Cable TV; Hot Water; Internet; Water
Flooring: Ceramic Tile
Leasing Permitted Details: Short Term Rentals Allowed
Property Condition: New Construction
Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer
Construction Materials: CBS
Cooling: Central Air
Association Type: Condominium
Heating: Central
Listing Terms: Cash; Conventional
Main Living Area: Entry Level
Pets Allowed YN: Yes
Pets Allowed: Pet Restrictions Possible
Possession: Negotiable
Road Frontage Type: East of US-1
Security Features: Elevator Secure; Lobby - Attended; Security System
Special Information: Sold As-Is
Tax Information: New Construction
Unit Description: Studio; High Rise
Utilities: Cable Available
View: Skyline
Showing Requirements: Call Listing Agent; Showing Service
Outdoor Living Spaces: Patio
Listing Office: Optimar International Realty
Last Updated: November - 01 - 2026
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