Home›121 NE 5th Street 1404, Miami, FL 33132

Residential in Miami

Excellent investor opportunity! This brand-new furnished studio in Downtown Miami can be rented daily. Located in modern 501 First building, just steps from the Metromover, with easy access to Brickell, Miami Beach, and major highways. This contemporary unit features modern finishes, new appliances with washer and dryer included, and an efficient layout. Enjoy living in a luxury building in the heart of the city, close to restaurants, shopping, and entertainment. Amenities include 75-foot resort-style rooftop pool, state-of-the-art fitness center, yoga/meditation area, sunrise and sunset terraces with city views, greenhouse lounge, co-working spaces, pet lounge with pet-washing station, and more! Perfect for convenient urban living.

Property Highlights

View

  • Skyline

Cooling

  • Central Air

Heating

  • Central

Flooring

  • Tile

Amenities

  • Business Center
  • Clubhouse
  • Elevator(s)
  • Fitness Center
  • Lobby
  • Pool

Appliances

  • Dishwasher
  • Dryer
  • Electric Range
  • Microwave
  • Refrigerator
  • Washer

Possession

  • Close Of Escrow

Listing Terms

  • Cash
  • Conventional

Balcony Details

  • Balcony - Open

ParkingFeatures

  • Valet

Pets Allowed YN

  • Yes

Tax Information

  • New Construction

Association Type

  • Condominium

ExteriorFeatures

  • Balcony
  • Lighting

InteriorFeatures

  • Built-in Features
  • Closet Cabinetry

Parking Features

  • Valet

SecurityFeatures

  • Elevator Secure
  • Lobby - Attended

Unit Description

  • Interior Hallway
  • High Rise

Exterior Features

  • Lighting

Interior Features

  • Built-in Features
  • Closet Cabinetry

Security Features

  • Elevator Secure
  • Lobby - Attended

Master BedroomBath

  • Bedroom On Entry Level

Property Condition

  • Resale

Special Information

  • Sold As-Is

AssociationAmenities

  • Pool
  • Business Center
  • Clubhouse
  • Elevator(s)
  • Fitness Center
  • Lobby

Showing Requirements

  • 24 Hour Notice
  • Showing Service

Outdoor Living Spaces

  • Balcony

Construction Materials

  • Block

Application Information

  • 1-2 Weeks Approval

Association Fee Includes

  • Common Areas
  • Elevator
  • Hot Water
  • Internet
  • Trash
  • Water

Leasing Permitted Details

  • Short Term Rentals Allowed

Property Details

Property TypeResidential
StyleCondominium
Year Built2026
CountyMiami-Dade
Subdivision501 First Residences
Bedrooms0
Baths1
Half Baths0
Unit Number1404
HOA Fee$588 / Monthly
HOA IncludesCommon Areas, Elevator, Hot Water, Internet, Trash, Water
Annual Tax$0 (2025)
Special AssessmentNo
Pets AllowedYes
Listing OfficeExclusive Living R.E. LLC
Listing AgentMarina V Deganis
Office Phone786-252-7212