$468,000
 $2,512 est/mo Sourced by Back At You

121 NE 5th Street 3200,Miami, FL 33132

Miami, FL 33132

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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.

Details

MLS #A12039927
Listing TypeFor Sale
StyleCondominium
HOA Dues$589
Sub-TypeResale
StatusActive
Year2025
Days On Site117
Listing Provided ByMAK Realty Group | Sergey Rybak

Features

Bath(s) 1 Total
SQ Feet412
PoolYes
Story(s)40
Property ViewYes

Parking

Garage Yes / NoNo
Parking FeaturesValet

Taxes

Tax Annual Amount0

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area2410
Community Name501 FIRST RESIDENCES
Listing VS Median (in 501 FIRST RESIDENCES)
Price:
$468,000
low | high
Med:
$480,000
47.435897435897% of Average
sqft:
412
low | high
Med:
491
30.825242718447% of Average
$ / sqft:
$1,136
low | high
Med:
$985
63.322336178762% of Average
On site:
117
low | high
Med:
222
52.702702702703% of Average
Sourced by Back At You

Market Activity 33132

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Contact

Learn More About This Property

Susan Oyer

Susan Oyer

Coldwell Banker Premium Realty

SL3501661SRES (561) 736-1251susanoyercbpr@gmail.com
StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area2410
Community Name501 FIRST RESIDENCES
Listing VS Median (in 501 FIRST RESIDENCES)
Price:
$468,000
low | high
Med:
$480,000
47.435897435897% of Average
sqft:
412
low | high
Med:
491
30.825242718447% of Average
$ / sqft:
$1,136
low | high
Med:
$985
63.322336178762% of Average
On site:
117
low | high
Med:
222
52.702702702703% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $351K - $585K
sqft: 309 - 515
Nearby Listings Property ImageNearby Listings Details
121 NE 5th Street 3309 Property Photo 1
$449,000
121 Ne 5th Street 3309
Miami, FL 33132
Property Photo 1
$459,000

Miami, FL 33132
121 NE 5th Street 504 Property Photo 1
$499,000
121 Ne 5th Street 504
Miami, FL 33132
121 NE 5th Street 1001B Property Photo 1
$475,000
121 Ne 5th Street 1001b
Miami, FL 33132
121 NE 5th Street 807 Property Photo 1
$449,000
121 Ne 5th Street 807
Miami, FL 33132
Listing Updated: October 31, 2026 at 1:05:44 AM PDT
Susan Oyer
SRES
License #: SL3501661
(561) 736-1251
Coldwell Banker Premium Realty
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Lake Worth Beach, FL 33460

Susan Oyer - Coldwell Banker Premium Realty