$439,000
Miami, FL 33132
MLS# A11961990
1 baths
1 / 31
Property Description
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.
Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Vacant
Listing Date: 2026-02-09
Status: Active
Original List Price: 465000
List Price: $439,000
Current Price: $439,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 0
Postal Zip: 33132
Special Assessment YN: No
Country: United States
Street Number: 121
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Street
Unit Number: 401B
State Or Province: FL
Postal Code: 33132
Subdivision Name: 501 First Residences
Area: 2410
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0000000000401
General Property Information
Unit Floor #: 4
Living Area Main: 447
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Furnished
Stories Total: 40
Property Sub Type: Condominium
Bathrooms Total: 1
Bathrooms Full: 1
Year Built: 2025
Direction Faces: South
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 563
Membership Fee Required YN: No
Association YN: 1
Association Fee: 563
Association Fee Frequency: Monthly
Tax Year: 2025
Tax Legal Description: 501 First Residences
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 100
Application Information
1-2 Weeks Approval: 1
Amenities
Fitness Center: 1
Kitchen Facilities: 1
Pool: 1
Association Amenities
Maintenance: 1
Association Fee Includes
Cable TV: 1
Hot Water: 1
Internet: 1
Water: 1
Entry Information
Entry Level: 1
Flooring
Ceramic Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Short Term Rentals Allowed: 1
Property Condition
New Construction: 1
Possession
Negotiable: 1
Special Information
Sold As-Is: 1
Utilities
Cable Available: 1
View
Skyline: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: 1
Unit Description
Studio: 1
High Rise: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
East of US-1: 1
Security Features
Elevator Secure: 1
Lobby - Attended: 1
Security System: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
Call Listing Agent: 1
Showing Service: 1
Main Living Area
Entry Level: 1
Master Bedroom/Bath
Bedroom On Entry Level: 1
Separate Shower: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Pet Restrictions Possible: 1
Storm Protection
Impact Glass: Partial
Tax Information
New Construction: 1
Outdoor Living Spaces
Patio: 1
Price Calculations
Current Price To SqFt: 982.1
Section Details
Parcel Number MLX: 0
Status Change Information
Major Change Timestamp: 2026-03-30T03:38:56Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-30T03:38:56Z
Status Change Date: 2026-02-09
Originating Details
Originating System Key: 426566429
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval
Association Amenities: Maintenance
Association Fee Includes: Cable TV; Hot Water; Internet; Water
Flooring: Ceramic Tile
Leasing Permitted Details: Short Term Rentals Allowed
Property Condition: New Construction
Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer
Construction Materials: CBS
Cooling: Central Air
Association Type: Condominium
Heating: Central
Listing Terms: Cash; Conventional
Main Living Area: Entry Level
Pets Allowed YN: Yes
Pets Allowed: Pet Restrictions Possible
Possession: Negotiable
Road Frontage Type: East of US-1
Security Features: Elevator Secure; Lobby - Attended; Security System
Special Information: Sold As-Is
Tax Information: New Construction
Unit Description: Studio; High Rise
Utilities: Cable Available
View: Skyline
Showing Requirements: Call Listing Agent; Showing Service
Outdoor Living Spaces: Patio
Listing Office: Optimar International Realty
Last Updated: July - 16 - 2026
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