FL Real Estate & Homes • (561) 835-5400Mortgage Title List & Sell for 1% Get Home Value
$468,00073 days on marketActive

121 NE 5th Street 3200, Miami, FL 33132

Miami, FL 33132
1
Baths
412
Sq Ft
$1,136
$/Sq Ft
2025
Year Built

Listing Snapshot

List Price$468,000
Price / Sq Ft$1,136
Beds0
Baths1
Living Area412 sqft
Year Built2025
Property Tax$0/yr
HOA / Condo Fee$589 / monthly
MLS #1176653906
StatusActive
Days on Market73

About This Home

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.

General Features

Property Type
Residential
Sub-type
Condominium
Stories
40
Direction Faces
East
Parking
Valet
Security
SecuritySystem,ElevatorSecured,LobbySecured,SmokeDetectors
Subdivision
501 FIRST RESIDENCES

Interior Features

Appliances
Dryer,Dishwasher,Microwave,Refrigerator,Washer
Flooring
CeramicTile
Heating
Central
Cooling
CentralAir
Interior Features
BedroomOnMainLevel,ClosetCabinetry,Elevator,SeparateShower

Exterior Features

Construction
Block
Exterior Features
Barbecue
Pool Features
Association,Heated
View
Bay,Water
Waterfront
No

Community Features

Association Amenities
BusinessCenter,Clubhouse,Elevators,FitnessCenter,MaintenanceGrounds,PicnicArea,Pool,SpaHotTub,Trash
Association Dues
$589 / monthly
MLS Area
2410

Schools

ElementaryFrederick Douglass
MiddleJose De Diego
HighBooker T. Washington

Map

Virtual Tour

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Listed by Sergey Rybak · MAK Realty Group
MLS# 1176653906 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $374,000

%
Est. Monthly$3,140
Principal & Interest$2,551
HOA$589

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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