ActiveCondominium
121 NE 5th St # 3200, Miami FL 33132
Miami, FL 33132 · MLS #A12039927The residence
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.
At a glance
Property details
- Property type
- Condominium
- Listing type
- For sale
- Status
- Active
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 412 sq. ft.
- Year built
- 2025
- Lot size
- 0 sq. ft.
- Subdivision
- 501 FIRST RESIDENCES
- County
- Miami-Dade County
- Days on market
- 103
- Original list price
- $468,000
- Listing date
- June 18, 2026
- Association fee
- $589 monthly
- Listing agent
- Sergey Rybak
- Listing office
- MAK Realty Group
- MLS number
- A12039927
Neighborhood & location
Explore 501 FIRST RESIDENCES
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $2,366
- Property taxes
- $0
- Homeowners insurance
- $234
- HOA
- $589
- Estimated total
- $3,189
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
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Listing courtesy of MAK Realty Group, 917-714-7168.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.