121 NE 5th Street Unit 3200, Miami, FL 33132
- $468,000
- 1
- BA
- 412
- SqFt
- List Price
- $468,000
- Days on Market
- 43
- MLS#
- A12039927
- Full Bathrooms
- 1
- Sq. Ft
- 412
- Subtype
- Condominium
- County
- Miami-Dade
- Subdivision
- 501 First Residences
- Year Built
- 2025
Property Description
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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Additional Information
- Hoa
- Yes
- Hoa Amount
- 589
- Pets Allowed
- Yes
- Construction
- Block
- Cooling
- Central Air
- Equipment
- Other
- Flooring
- Ceramic Tile
- Heating
- Central
- Restrict
- NoRestrictions
- Security
- Security System, Elevator Secured, Lobby Secured, Smoke Detector(s)
- View
- Bay, Water
- Amenities
- Business Center, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Picnic Area, Pool, Spa/Hot Tub, Trash
- Stories
- 40
- Price Per Sqft
- $1,135
- Elementary School
- Frederick Douglass
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
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Listing courtesy of MAK Realty Group. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Sergey Rybak | Email: rybak.sergey@gmail.com