Date
Details
Price
Change
Source
2/09/2026
Listed
$449,000
—
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
$449,000
Property Description
Unit 807 Studio Turnkey investment opportunity at 501 First Residences, a modern Downtown Miami building allowing daily rentals with no minimum restrictions-ideal for short-term rental investors. Unit 807 is a well-designed studio residence offering 447 SF (42 m²) with an efficient open layout, floor-to-ceiling impact windows, and a private balcony providing natural light and urban city ambiance. Delivered fully furnished with blinds and sofa bed, this unit is ready for immediate rental income. The residence also includes a storage provided by the association, adding additional convenience and flexibility for owners and guests. 501 First Residences offers resort-style amenities, co-working spaces, fitness center, social lounges, and prime walkability to Miami Worldcenter, Brightline Station, Bayfront Park, dining, entertainment, and major transportation corridors. An ideal plug-and-play investment in one of Miami's fastest-growing short-term rental markets.
Full Property Details
Full Property Details for 121 NE 5th #807
General
- Price: $449,000
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Martin_County
- MLS ID: A11961922
- 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: 8
- 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: 00-00-00-000-0807
Listed by Optimar International Realty
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Listing agent
— 121 NE 5th #807 —
Optimar International Realty
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Schools
Schools serving 121 NE 5th #807
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 #807
Tax History
Tax History for 121 NE 5th #807
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 #807
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- Townhouse
- Active
- Updated 1 day ago
- 2Beds
- 3Total Baths
- 1,047Sq. Ft.
- Condo
- Active
- Updated 8 hours ago
- 3Beds
- 4Total Baths
- 2,269Sq. Ft.
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- Condo
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,380Sq. Ft.
Listed by Michele Redlich (305) 725-3119
- Condo
- Active
- Updated 18 hours ago
- 1Bed
- 2Total Baths
- 910Sq. Ft.
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121 NE 5th #807, Miami, FL 33132 (MLS# A11961922) is a Condo property with 0 bedrooms and 1 full bathroom. 121 NE 5th #807 is currently listed for $449,000 and was received on February 09, 2026. Want to learn more about 121 NE 5th #807? 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.