$475,000list price
Per sq ft$1,131
Studio · 1 ba · 420 sq ft Condo or villa
1300 BRICKELL BAY DR #1600, MIAMI, FL 33131
Listing courtesy of Sieber International, LLC. MLS# A12109530.On the MLS · Listed Oct 18
$475,000
121 NE 5TH ST #1001B, MIAMI, FL 33132
Studio1 bath447 sq ftCondo or villaBuilt 2025
Updated today, November 3, 2026This home against Miami
$1,063 per sq ft, 56% over the Miami median
268 days on the market
Miami today: 4,362 homes for sale, median list price $733,250.
About this home
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 m²) 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.
Zoned schools
Elementary: Frederick R. Douglass Elementary
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Henderson Park, 0.1 mi
Beach: Hobie Island Beach, 2 mi
Grocery: Sedano's Supermarket, 0.5 mi
Distances from the center of MIAMI.
Listing courtesy of Optimar International Realty. MLS# A11961966.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed February 8, 2026.
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