121 Ne 5th St Unit #3200, Miami, FL 33132

$468,000
1
BA
412
SqFt

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List Price
$468,000
MLS#
A12039927
Bathrooms
1
Sq. Ft
412
Subtype
Condominium
County
Miami-Dade
Community
501 First Residences
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.

Additional Information

Front Exposure
East
Hoa
Yes
Hoa Amount
589
Status Label
ACTIVE
Unit Floor Number
3200
Construction
Concrete Block Construction
Cooling
Central Air
Equipment
Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Refrigerator, Washer
Flooring
Ceramic Floor
Heating
Central
Parking
Valet
Bedroom Description
Entry Level, Primary Bath Shower, Studio
Security
Smoke Detector, Doorman, Elevator Secure, Lobby Secured
View
Bay, Water View
Unit Number
3200
Total Floors
40
Stories
40
Price Per Sqft
$1,135

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Calculator source: Real Geeks

Listing Courtesy Of MAK Realty Group, Contact: