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$489,000
121 NE 5th Street 1404
Miami, FL 33132
MLS# A11992993
1 baths


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Property Description
Excellent investor opportunity! This brand-new furnished studio in Downtown Miami can be rented daily. Located in modern 501 First building, just steps from the Metromover, with easy access to Brickell, Miami Beach, and major highways. This contemporary unit features modern finishes, new appliances with washer and dryer included, and an efficient layout. Enjoy living in a luxury building in the heart of the city, close to restaurants, shopping, and entertainment. Amenities include 75-foot resort-style rooftop pool, state-of-the-art fitness center, yoga/meditation area, sunrise and sunset terraces with city views, greenhouse lounge, co-working spaces, pet lounge with pet-washing station, and more! Perfect for convenient urban living.

Details
Contract Information
Comp Sale YN: No
Occupant Type: Call Listing Agent
Listing Date: 2026-04-01
Status: Active
Original List Price: 489000
List Price: $489,000
Current Price: $489,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33132
Development Name: 501 First
Special Assessment YN: No
Country: United States
Street Number: 121
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Street
Unit Number: 1404
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: 0141010081470
General Property Information
Unit Floor #: 14
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: 2026
Garage YN: 1
Garage Spaces: 1
Covered Spaces: 1
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 588
Membership Fee Required YN: No
Association YN: 1
Association Fee: 588
Association Fee Frequency: Monthly
Tax Year: 2025
Tax Legal Description: 501 FIRST RESIDENCES CONDO UNIT 1404 UNDIV 0.14822% INT IN COMMON ELEMENTS OFF REC 35067-4463
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
1-2 Weeks Approval: 1
Amenities
Business Center: 1
Clubhouse: 1
Elevator(s): 1
Fitness Center: 1
Lobby: 1
Pool: 1
Association Fee Includes
Common Areas: 1
Elevator: 1
Hot Water: 1
Internet: 1
Trash: 1
Water: 1
Exterior Features
Lighting: 1
Flooring
Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Short Term Rentals Allowed: 1
Parking Features
Valet: 1
Parking Information
Open Parking Spaces: 1
Property Condition
Resale: 1
Possession
Close Of Escrow: 1
Special Information
Sold As-Is: 1
View
Skyline: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: 1
Unit Description
Interior Hallway: 1
High Rise: 1
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
Block: 1
Interior Features
Built-in Features: 1
Closet Cabinetry: 1
Listing Terms
Cash: 1
Conventional: 1
Security Features
Elevator Secure: 1
Lobby - Attended: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
24 Hour Notice: 1
Showing Service: 1
Master Bedroom/Bath
Bedroom On Entry Level: 1
Pets Allowed YN
Yes: 1
Storm Protection
Impact Glass: Partial
Tax Information
New Construction: 1
Outdoor Living Spaces
Balcony: 1
Balcony Details
Balcony - Open: 1
Section Details
Parcel Number MLX: 1470
Status Change Information
Major Change Timestamp: 2026-04-01T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-04-01
Originating Details
Originating System Key: 448440473
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval
Association Fee Includes: Common Areas; Elevator; Hot Water; Internet; Trash; Water
Exterior Features: Lighting
Flooring: Tile
Leasing Permitted Details: Short Term Rentals Allowed
Parking Features: Valet
Property Condition: Resale
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Construction Materials: Block
Cooling: Central Air
Association Type: Condominium
Heating: Central
Interior Features: Built-in Features; Closet Cabinetry
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Possession: Close Of Escrow
Security Features: Elevator Secure; Lobby - Attended
Special Information: Sold As-Is
Tax Information: New Construction
Unit Description: Interior Hallway; High Rise
View: Skyline
Showing Requirements: 24 Hour Notice; Showing Service
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open

IDX
Listing Office: Exclusive Living R.E. LLC

Last Updated: July - 23 - 2026

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