121 5th Street Unit 1001B, Miami, FL 33132

$475,000 — Active

Property Features

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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 mΒ²) 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.

Property Details

  • Listing ID: A11961966
  • Status: Active
  • Listing Date: 2026-02-09
  • Property Type: Condominium
  • Unit / Building #: 1001B
  • 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: $475,000
  • HOA Fee: $563/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 11, 2026 5:00 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.