$355,000

121 NE 5TH ST #1909, MIAMI, FL 33132

Studio1 bath359 sq ftCondo or villaBuilt 2025
Updated today, November 3, 2026

This home against Miami

$989 per sq ft, 45% over the Miami median
24 days on the market

Miami today: 4,359 homes for sale, median list price $733,500.

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.

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 Rich Homes of Florida. MLS# A12105289.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed October 10, 2026.

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