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$468,000
97 Days On Site

121 NE 5th St 3200
Miami, FL 33132

For Sale|Condominium|Active
0
Beds
1
Total Bath
1
Full Bath
412
SqFt
$1,136
/SqFt
2025
Built
Subdivision:
501 FIRST RESIDENCES
County:
Miami-Dade

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121 NE 5th St 3200121 NE 5th St 3200121 NE 5th St 3200121 NE 5th St 3200
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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.

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Listing Snapshot
Price 
$468,000
Days On Site 
97 Days
Bedrooms 
N/A
Inside Area (SqFt) 
412 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2025
MLS® Number 
A12039927
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$589 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoStatus changed to Active
3 months agoListing updated with changes from the MLS®
3 months agoPrice changed to $468,000
3 months agoListing first seen on site
General Features
Direction Faces 
East
Disclosures 
None, Owner Is Listing Agent
Number Of Stories 
40
Parking 
Valet
Pets 
Cats OKDogs OKYes
Property Sub Type 
Condominium
Security 
Smoke Detector(s)
SqFt Total 
412
Style 
HighRise
Interior Features
Appliances 
DryerDishwasherMicrowaveOtherRefrigeratorWasher
Cooling 
Central Air
Flooring 
Ceramic Tile
Heating 
Central
Interior 
ElevatorMaster Downstairs
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Exterior Features
Construction Details 
Block
Exterior 
Barbecue
Pool Features 
AssociationHeated
View 
BayWater
Waterview 
BayWater
Community Features
Association Amenities 
ClubhouseElevator(s)Fitness CenterBarbecuePicnic AreaPoolSpa/Hot TubTrashHot Water
Association Fee 
$589.0
Association Fee Frequency 
Monthly
MLS Area 
41
Financing Terms Available 
Cash
Building Access 
3200
Listing courtesy of MAK Realty Group

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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