Date
Details
Price
Change
Source
2/09/2026
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$475,000
Property Description
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.
Full Property Details
Full Property Details for 121 NE 5th #1001B
General
- Price: $475,000
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Martin_County
- MLS ID: A11961966
- Updated: 9/3/2026
- Added to Site: 206 day(s) ago
Interior
- Interior Features: Living/Dining Room, Separate Shower
- Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Additional Information
- Pool: Yes
- Pool Description: Community
- Security/Safety: Door Man, Lobby Secured
Exterior
- Exterior Features: Patio
- Porch/Patio/Deck: Covered, Patio
Parking
- Parking Features: Off Site
Location
- Area: 2410
- County: Miami-Dade
- Subdivision: 501 First Residences
- Direction Faces: South
Community
- Community Name: 2410
- Assoc. Fees Include: Cable TV, Hot Water, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Construction: Block, Concrete
- Entry Floor Number: 10
- Square Feet: 447
- Living Area: 447 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Financial Considerations
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 501 First Residences
- Property ID: 00-00-00-000-1001
Listed by Optimar International Realty
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Listing agent
— 121 NE 5th #1001B —
Optimar International Realty
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Schools
Schools serving 121 NE 5th #1001B
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frederick R. Douglass Elementary School 314 Northwest 12th Street, Miami, FL 33136 | PK-5 | 0.7 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 121 NE 5th #1001B
Tax History
Tax History for 121 NE 5th #1001B
Year
Property Taxes
Change
Tax Assessment
Change
2025
$85,587
—
$4,200,000
-14%
2024
$85,707
5%
$4,900,000
—
2023
$81,451
12%
$4,900,000
40%
2021
$72,937
-9%
$3,489,159
-28%
2022
$79,753
9%
$4,876,638
40%
2021
$72,937
14%
$3,489,180
28%
2019
$64,097
8%
$2,724,608
10%
2018
$59,098
21%
$2,476,917
10%
2017
$48,755
-3%
$2,251,743
—
2016
$50,200
136%
$2,251,764
722%
2015
$21,272
94%
$273,986
10%
2014
$10,970
109%
$249,079
10%
2013
$5,237
—
$226,436
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 121 NE 5th #1001B
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- Townhouse
- Active
- Updated 1 day ago
- 2Beds
- 3Total Baths
- 1,047Sq. Ft.
- Condo
- Active
- Updated 3 days ago
- 1Bed
- 1Total Bath
- 726Sq. Ft.
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- Condo
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,380Sq. Ft.
Listed by Michele Redlich (305) 725-3119
- Townhouse
- Active
- Updated 3 days ago
- 1Bed
- 2Total Baths
- 860Sq. Ft.
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121 NE 5th #1001B, Miami, FL 33132 (MLS# A11961966) is a Condo property with 0 bedrooms and 1 full bathroom. 121 NE 5th #1001B is currently listed for $475,000 and was received on February 09, 2026. Want to learn more about 121 NE 5th #1001B? Do you have questions about finding other Condo real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.