121 NE 5th Street 3200, Miami, FL 33132
Listing Snapshot
| List Price | $468,000 |
| Price / Sq Ft | $1,136 |
| Beds | 0 |
| Baths | 1 |
| Living Area | 412 sqft |
| Year Built | 2025 |
| Property Tax | $0/yr |
| HOA / Condo Fee | $589 / monthly |
| MLS # | 1176653906 |
| Status | Active |
| Days on Market | 73 |
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
Map
Virtual Tour
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Estimate Your Payment
20% down · Loan: $374,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.