About this home
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…
Facts & features
- MLS ID
- A11961922
- Property type
- Condominium
- Neighborhood
- Miami
- Building
- 501 FIRST Residences
- Year built
- 2026
- Baths
- 1
- Interior
- 447 sq ft
- Price per sq ft
- $1,004
- HOA
- $657 per month
- Furnished
- Furnished
- Pets
- Yes — conditional
- Waterfront
- No
- Covered parking
- 0
- Floor
- 8
- Listed
- Feb 9, 2026
- Days on market
- 206
- Reduced from
- $490,000
- Financing accepted
- Cash, Conventional
- Exposure
- Faces south
- Listing conditions
- Listed as is
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Interior features
- Bedroom on main level, First floor entry, Main living area entry level, Shower only
- Exterior features
- Patio, Security high impact doors
- Flooring
- Ceramic tile
- Pool
- Association
- Security
- Door man, Elevator secured, Lobby secured
- Heating
- Central
- Cooling
- Central air
- HOA covers
- Amenities, Cable TV, Hot water, Internet, Water
Schools
Zoned public schools by county attendance boundary. Boundaries change — confirm enrollment eligibility with the school district before relying on this. Letter grades and School of Excellence designations are the Florida Department of Education’s, each for the year shown beside it.
- Elementary
- Douglass, Frederick ElementaryB2025-26Florida Department of Education school grade B, 2025-26 school year
- Middle
- de Diego, Jose MiddleB2025-26Florida Department of Education school grade B, 2025-26 school year
- High
- Washington, Booker T. Senior HighB2025-26Florida Department of Education school grade B, 2025-26 school year
Location
121 NE 5th Street 807
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