Condominium
121 NE 5th St # 1909
121 NE 5th St # 1909, Miami FL 33132 Get directions
$355,000
0 Beds · 1 Bath · 359 SqFt
See estimated monthly costThis listing is courtesy of Rich Homes of Florida. Ygal Benichay
Overview
Experience sophisticated urban living at 501 First Residences, a newly built luxury tower in the heart of Downtown Miami. This beautifully appointed and professionally decorated studio offers striking Manhattan-style skyline views from its private balcony, creating a true metropolitan atmosphere. Featuring contemporary finishes, a fully equipped kitchen, an in-unit washer and dryer, and a thoughtfully designed living space. Enjoy resort-style amenities including a spectacular rooftop pool, fitness center, hot tub, cold plunge, rooftop cinema, and resident lounges. Currently operating as a successful Airbnb short-term rental generating strong income, with the flexibility of nightly rentals. An exceptional turnkey investment opportunity! Inquire for annual rental income details.
Facts & features
Interior
- Living area (sq ft)
- 359
- Full bathrooms
- 1
- Furnished
- Furnished
- First Floor Entry
- Closet Cabinetry
- Fire Sprinklers
Building & exterior
- Year built
- 2025
- Skyline
- Open Balcony
- None
HOA (homeowners association)
- Association fee
- $589 per month
- Pets allowed
- Yes
- Business Center
- Community Room
- Elevator(s)
- Exercise Room
- Exterior Lighting
- Pool
- Ok To Lease
Taxes
- Annual tax
- $0
- Tax year
- 2000
- Parcel number
- 01-41-01-008-3220
Listing
- MLS number
- A12105289
- Property type
- Condominium
- Price per SqFt
- $989
- Subdivision
- 501 FIRST RESIDENCES
- On market since
- Oct 12, 2026
- Days on market
- 1
Estimated monthly cost
$2,650 per month
- Principal & interest (30 yr)
- $1,795
- Property tax
- $0
- Insurance (estimated)
- $266
- Association fee
- $589
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- New World School of the Arts
- School For Advanced Studies Wolfson
- Law Enforcement Officers Memorial Senior High
- Downtown Miami Charter School
- RJW The Academy of Arts Sciences
- School Board Adm - Main Building
- Anna Brenner Meyers Telecommunication Complex
- K-12 Distance Learning
- Frederick Douglass Elementary
- Miami-Dade Online Academy
- iPrep Academy
- Primary Learning Center
- School Board Adm -Garage
- Chapman Partnership Early Childhood Center North
- Key Point Academy Downtown
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