121 5th Street Unit 807, Miami, FL 33132

$449,000 — Active

Property Features

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Unit 807 Studio Turnkey investment opportunity at 501 First Residences, a modern Downtown Miami building allowing daily rentals with no minimum restrictions—ideal for short-term rental investors. Unit 807 is a well-designed studio residence offering 447 SF (42 m²) with an efficient open layout, floor-to-ceiling impact windows, and a private balcony providing natural light and urban city ambiance. Delivered fully furnished with blinds and sofa bed, this unit is ready for immediate rental income. The residence also includes a storage provided by the association, adding additional convenience and flexibility for owners and guests. 501 First Residences offers resort-style amenities, co-working spaces, fitness center, social lounges, and prime walkability to Miami Worldcenter, Brightline Station, Bayfront Park, dining, entertainment, and major transportation corridors. An ideal plug-and-play investment in one of Miami’s fastest-growing short-term rental markets.

▼ Price Reduced — originally listed at $490,000

Property Details

  • Listing ID: A11961922
  • Status: Active
  • Listing Date: 2026-02-09
  • Property Type: Condominium
  • Unit / Building #: 807
  • Subdivision: 501 First Residences
  • County: Miami-Dade
  • MLS Area: 2410
  • Bedrooms: 0
  • Full Bathrooms: 1
  • Living Area Sq Ft: 447
  • Year Built: 2025

Financial

  • List Price: $449,000
  • Original List Price: $490,000
  • HOA Fee: $657/mo
  • Taxes: N/A

Features & Amenities

  • View: Skyline
  • Furnished: Furnished
  • Pets Allowed: Yes, Pet Restrictions Possible
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Ceramic Tile
  • Construction: CBS
  • Community Amenities: Fitness Center, Pool, Kitchen Facilities, Maintenance

Courtesy of Optimar International Realty
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© 2026 Starfish Real Estate. Listings updated Nov 12, 2026 2:03 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.