For Sale & For Rent · Active
Price
$468,000
Bedrooms
Studio
Bathrooms
1
Sq Ft
412
$ / Sq Ft
$1,136
For Rent
$5,300/mo
MLS A12013256
About This Residence
A move-in-ready, fully furnished studio in a building that permits short-term rentals a key differentiator in Downtown Miami, where Airbnb-approved inventory is limited and commands a premium. The 411 SqFt layout includes a 38 SF balcony above-average outdoor space for the segment plus integrated premium appliances and in-unit washer/dryer, reducing furnishing and turnover costs whether you’re targeting nightly stays or longer-term leases. Location is the core thesis: directly adjacent to the Brightline station and Metromover, and steps from the Miami Worldcenter development a multi-billion-dollar project anchoring sustained demand and infrastructure investment in the corridor. Proximity to the Kaseya Center, Museum Park, and Downtown’s dining and entertainment scene drives consistent guest and tenant appeal. Building amenities (rooftop pool, fitness center, co-working spaces, 24-hour concierge) support premium nightly rates and strong occupancy. A brand-new 2025 build minimizes near-term capex and maintenance risk a low-friction, flexible-use addition to any rental portfolio.
Features
Interior
Appliances
Exterior
Views
Parking
Amenities
Maintenance includes

The building
501 First Residences presents a new offering for urban living in Downtown Miami. Located at 121 NE 5th St, this pre-construction tower is set for completion in 2026. Developed by Aria Development and designed by Revuelta Architecture, it… See more →
Year built
2026
Floors
36
Units
448
Avg. $/sqft
$1,070
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