Overview
Description
Experience the ultimate investment opportunity at 501 First Residences in the heart of Downtown Miami! This fully furnished turnkey studio offers modern finishes, an open-concept layout, floor-to-ceiling impact windows, a contemporary kitchen with stainless steel appliances and quartz countertops, in-unit washer and dryer, and a private balcony. Designed for maximum flexibility, the building allows short-term rentals with no rental restrictions, making it ideal for Airbnb, vacation rentals, or corporate stays.
Residents enjoy resort-style amenities including a rooftop pool, fitness center, spa, co-working spaces, game room, lounge, café, valet parking, and 24-hour concierge and security. Located just steps from Miami Worldcenter, Brightline Station, Kaseya Center, Bayside Marketplace, Museum Park, top restaurants, shopping, entertainment, and with easy access to Miami Beach, Brickell, Wynwood, and the Design District. Whether you’re looking for a high-performing income-producing property or a stylish city residence, Unit 304 offers exceptional value in one of Miami’s fastest-growing neighborhoods.
Virtual Tour
Address
- Street121 5th St #304
- CityMiami
- Subdivision501 First Residences
- CountyMiami-Dade County
- StateFL
- Zip33132
- MLS #A12051789
Interior
- Bedrooms Total0
- Entry Level3
- HeatingOther
- HeatingYes
- Interior FeaturesBuilt-in Features, Closet Cabinetry, Cooking Island
- Living Area359
- Living Area UnitsSquare Feet
- Other EquipmentElevator
- Rooms Total0
- Security FeaturesFire Alarm, Card Entry, Lobby Secured, Security Patrol
Exterior
- Exterior FeaturesOther
- Garage Spaces0
- Lot Size Square Feet0
- Lot Size UnitsSquare Feet
- Parking FeaturesValet
- ViewOther View
- ViewYes
Structure
- Property AttachedYes
- Stories Total40
- Structure TypeCondo-Hotel, Condo
- Year Built2025
- Year Built DetailsResale
Financial
- Other Expense0
- Parcel Number01-41-01-008-1370
- Public Survey Range41
- Public Survey Section1
- Public Survey Township41
- Tax Annual Amount0
- Tax Legal DescriptionUNDIV 0.14822% INT IN COMMON ELEMENTS OFF REC 35067-4463
- Tax Year2025
Location
- MLS Area Major501 First Residences
- Postal Code33132
- Postal Code Plus42609
- Street Direction PrefixNE
- Street Name5th St
- Street Number121
- Street Number Numeric121
- Subdivision Name501 First Residences
- Unit Number304
- Unparsed Address121 NE 5th St # 304, Miami FL 33132
Features & Amenities
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Margarita Zapata
Listing Agent · BM2 Realty
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