Condominium for sale

$355,000

121 NE 5th St #1909Miami, FL 33132

  • 1 Baths
  • 359 Sq ft
  • 2025 Built

About this home

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.

Details

MLS #
A12105289
Property type
Condominium
Status
Active
Days on market
2
Neighborhood
501 FIRST RESIDENCES
County
Miami-Dade County
HOA / association fee
$589 monthly
Waterfront
No
Private pool
No
View
Skyline
Cooling
Central Air
Interior features
First Floor Entry, Closet Cabinetry, Fire Sprinklers
Exterior features
Open Balcony
Appliances
Dryer, Electric Range, Electric Water Heater, Refrigerator, Wall Oven, Washer

Location

Estimated payment

$2,917/mo with 20% down at 6.5% for 30 years, including taxes and HOA, before insurance.

Adjust in the mortgage calculator

Listing courtesy of Rich Homes of Florida · Ygal Benichay. Listing last updated October 13, 2026 10:00 PM.

REALTOR® and MLS logo

The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 25, 2026 10:23 AM.

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