Home/Search/121 NE 5th St # 3200, Miami FL 33132
121 NE 5th St # 3200, Miami FL 331321 / 19
For Sale
Condominium

$468,000

121 NE 5th St # 3200, Miami FL 33132

0

Bedrooms

1

Bathrooms

412

Sq Ft

About This Property

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.

Property Details

MLS #:A12039927
Price:$468,000
Status:For Sale
Days on Market:116
Date Listed:Jun 18, 2026
Bedrooms:0
Total Bathrooms:1
Full Bathrooms:1
Half Bathrooms:0
Living Area:412 sqft
Building Area:412 sqft
Price per Sqft:$1,136/sqft
Year Built:2025
Property Type:Residential
Property Sub Type:Condominium

Bedrooms:0
Full Bathrooms:1
Half Bathrooms:0
Heating:Central
Cooling:Central Air
Appliances:Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Refrigerator, Washer
Flooring:Ceramic Floor
Interior Features:Interior Hall, Lobby, First Floor Entry, Closet Cabinetry, Elevator
Security Features:Smoke Detector, Doorman, Elevator Secure, Lobby Secured
Stories:40
Virtual Tour:Available

Architectural Style:High Rise
Construction Materials:Concrete Block Construction
Structure Type:Condo-Hotel, Condo
Exterior Features:Barbeque
View:Bay, Water View

Parking Features:Valet
Garage Spaces:0
Covered Spaces:0

HOA:Yes
HOA Fee:$589/Monthly
HOA Amenities:Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Spa/Hot Tub, Trash Chute

Area/Region:501 First Residences
Direction Faces:East

Price per Sqft:$1,136/sqft
Tax Year:2026
Listing Terms:Cash
Parcel Number:01-41-01-008-0200
Legal Description:501 FIRST RESIDENCES CONDO UNIT 3200 UNDIV 0.16997% IN
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Listing courtesy of MAK Realty Group. Data last updated October 12, 2026 at 06:02 PM.