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121 5th St 3200, Miami, FL

Offering:
For Sale
Location:
Miami, FL 33132
Subdivision:
501 FIRST RESIDENCES
Status:
Active
Number of Bathrooms
1
Living Area sq ft
412 sq ft
$468,000

Deemed reliable but not guaranteed.

Details
Year built:
2025
Style:
High Rise
Faces:
East
Days on market:
127
Association fee:
$589 / Monthly
Type:
Condo
MLS ID
A12039927
Virtual tour:
Listed by:
MAK Realty Group (MAKR01)
Listing office phone:
917-714-7168
Listing office email:
Listing agent:
Sergey Rybak (3097721)

Features

Bedroom On Main Level
Closet Cabinetry
First Floor Entry
Elevator
Dryer
Dishwasher
Microwave
Other
Refrigerator
Washer
Block
Association
Amenities:
Business Center, Clubhouse, Elevators, Fitness Center, Barbecue, Picnic Area, Pool, Spa Hot Tub, Trash
Fee includes:
Amenities, Hot Water, Internet, Sewer, Trash, Water
Pets
Allowed:
yes

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.
Price history
$468,000 → $468,000 · 1 price changes

Location

121 NE 5th St 3200
Miami, FL 33132

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MLS information

Last updated Oct 23, 2026

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