$439,000list price
Per sq ft$1,012
Studio · 1 ba · 434 sq ft Condo or villa
229 SW 9TH ST #201, MIAMI, FL 33130
Listing courtesy of EG Orlando LLC. MLS# A12115619.On the MLS · Listed Oct 27
$439,000
121 NE 5TH ST #401B, MIAMI, FL 33132
Studio1 bath447 sq ftCondo or villaBuilt 2025
Updated today, November 3, 2026This home against Miami
$982 per sq ft, 44% over the Miami median
268 days on the market
Price cut $26,000 since it was listed at $465,000
Miami today: 4,362 homes for sale, median list price $733,250.
About this home
Investor-friendly turnkey studio at 501 First Residences—one of Downtown Miami’s newest buildings allowing legal daily rentals, ideal for Airbnb-style income strategies. Unit 401B offers 385 SF (36 m²) featuring an efficient open floor plan, floor-to-ceiling windows, and a private balcony designed to maximize guest appeal. Offered fully furnished with blinds and sofa bed, this residence includes private storage and is ready for immediate rental operation. Its flexible layout and low-maintenance design make it a strong option for investors seeking consistent short-term rental demand in a high-growth urban location. Enjoy access to modern amenities, fitness center, social lounges, and a central location steps from Miami Worldcenter, transit, entertainment, and cultural venues. A smart, income-producing opportunity in Miami’s evolving rental landscape.
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# A11961990.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed February 8, 2026.
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