About this home
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…
Facts & features
- MLS ID
- A11961966
- Property type
- Condominium
- Neighborhood
- Miami
- Building
- 501 FIRST Residences
- Year built
- 2026
- Baths
- 1
- Interior
- 447 sq ft
- Price per sq ft
- $1,063
- HOA
- $563 per month
- Furnished
- Furnished
- Pets
- Yes — conditional
- Waterfront
- No
- Covered parking
- 0
- Floor
- 10
- Listed
- Feb 9, 2026
- Days on market
- 206
- 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 1001B
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