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121 NE 5th Street 1404, Miami, FL 33132 (MLS# A11992993)

121 NE 5th Street 1404, Miami, FL 33132

$489,000
Property Type: Residential Baths: 1 Status: Active
Current Price: $489,000 List Date: 4/01/2026 Last Modified: 6/10/2026

Overview

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.

Listing Details MLS# A11992993

General Property Information

Unit Floor #
14
Property Sub Type
Condominium
Bathrooms Total
Yes
Bathrooms Full
Yes
Year Built
2026
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
40
Furnished
Furnished

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

Contract Information

Comp Sale YN
No
Original List Price
489000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
121
Street Direction Prefix
NE
Street Name
5th
Street Suffix
Street
Unit Number
1404
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33132
Postal Zip
33132
Subdivision Name
501 First Residences
Development Name
501 First
Area
2410
Elementary School
Frederick Douglass
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Special Assessment YN
No
Parcel Number
0141010081470

Financial Information

Association YN
Yes
Association Fee
588
Association Fee Frequency
Monthly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Year
2025
Tax Legal Description
501 FIRST RESIDENCES CONDO UNIT 1404 UNDIV 0.14822% INT IN COMMON ELEMENTS OFF REC 35067-4463

Status Change Information

Major Change Timestamp
2026-04-01T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-04-01

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes
Short Term Rentals Allowed
Yes

Parking Information

Open Parking Spaces
Yes

Leasing Restrictions

Leasing - Max Times Per Year
365
Leasing - Minimum Number of Days
Yes

Storm Protection

Impact Glass
Partial

Section Details

Parcel Number MLX
1470

Originating Details

Originating System Key
448440473
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Application Information

1-2 Weeks Approval
Yes

Amenities

Business Center
Yes
Clubhouse
Yes
Elevator(s)
Yes
Fitness Center
Yes
Lobby
Yes
Pool
Yes

Association Fee Includes

Common Areas
Yes
Elevator
Yes
Hot Water
Yes
Internet
Yes
Trash
Yes
Water
Yes

Exterior Features

Lighting
Yes

Flooring

Tile
Yes

Parking Features

Valet
Yes

Property Condition

Resale
Yes

Possession

Close Of Escrow
Yes

Special Information

Sold As-Is
Yes

View

Skyline
Yes

Heating

Central
Yes

Unit Description

Interior Hallway
Yes
High Rise
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Block
Yes

Interior Features

Built-in Features
Yes
Closet Cabinetry
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Security Features

Elevator Secure
Yes
Lobby - Attended
Yes

Cooling

Central Air
Yes

Association Type

Condominium
Yes

Showing Requirements

24 Hour Notice
Yes
Showing Service
Yes

Master Bedroom/Bath

Bedroom On Entry Level
Yes

Pets Allowed YN

Yes
Yes

Tax Information

New Construction
Yes

Outdoor Living Spaces

Balcony
Yes

Balcony Details

Balcony - Open
Yes
Listing Office: Exclusive Living R.E. LLC
IDX
Last Updated: June - 10 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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