121 NE 5th Street # 1404, Miami FL 33132, Miami
$489,000
Miami, FL, 33132
Property details
- Bedrooms
- 0
- Bathrooms
- 1
- Year built
- 2026
- Type
- Condominium
- Association fee
- $588 / monthly
- Days on market
- 119
- MLS #
- A11992993
Listing courtesy of Exclusive Living R.E. LLC · 786-252-7212. Listing agent: Marina Deganis. MLS data last updated 2026-07-29.
Description
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.
121 NE 5th Street # 1404, Miami FL 33132, Miami — for sale, listed for $489,000 (0 bed, 1 bath).
136 studio listings for sale in 33132 · median $468,500.
Run the numbers
ZIP vs city price level
Active listings like this in ZIP 33132 show a median asking $1,253/sqft — 15.8% above the Miami median asking of $1,083/sqft.
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Browse this price segment
n=3,280 · 2026-07-29 · Methodology
Availability in 501 First Residences
56 listings are currently active in this building across 51 distinct units (30 × 1-bed, 7 × 2-bed, 19 × studio).
n=56 · 2026-07-29 · Methodology
Priced like this listing
The 4 active listings closest in price within the same market segment:
Current market segment
Right now: 136 active studio listings for sale in 33132, median asking price $468,500, median $1,253/sqft.
n=136 · 2026-07-29 · Methodology
Are sellers cutting prices here?
38% of the 136 active studio listings for sale in 33132 have reduced their asking price at least once — a direct read on seller flexibility in this segment.
n=136 · 2026-07-29 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · Methodology
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