121 NE 5th St 3200 Miami, FL $ 468,000
121 NE 5th St 3200
$ 468,000
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121 NE 5th St 3200

Miami, FL, 33132
$ 468,000
Baths1.0 Sq 412

Monthly Estimate*

$ 2,955

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Studio

Condo for sale in Miami, FL

for $468,000 with 1 full bath. This 412 square foot condo was built in 2025.

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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Condo Active

Price

$ 468,000

Bedrooms

Studio

Full Bath

1

Property Type

Condo

Taxes

$ 0

Style

Year Built

2025

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12039927

Features
General
Heating Central
Cooling Central Air
Possession Close Of Escrow
Appliances Dryer Dishwasher Microwave Other Refrigerator Washer
HOA Fee 589
Garage Spaces 0
Association Fee Includes Amenities Hot Water Internet Sewer Trash Water
Architectural Style High Rise
Pool Features Association Heated
Security Features Door Man Elevator Secured Lobby Secured Smoke Detector(s)
Restrictions Daily Rentals Allowed No Restrictions
Construction Materials Block
Pets Allowed Yes
Year Built 2025
View Bay Water
Unit Number 3200
Property Subtype Condominium
Tax Year 2026
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential
Association Amenities Business Center Clubhouse Elevator(s) Fitness Center Barbecue Picnic Area Pool Spa/Hot Tub Trash
Subdivision Name 501 FIRST RESIDENCES
Facing Direction East
Garage Y/N false
Total Rooms 0
Full Baths 1
Status Active
City Miami
Disclosures None Owner Is Listing Agent
Entry Location 3200
Senior Community Y/N false
MLS Area 42
Lot Size Units Square Feet
Carport Spaces 0
Carport Y/N false
Listing Terms Cash
Property Attached Y/N true
Year Built Details Effective Year Built
Tax Annual Amount 0
Lease Considered Y/N true
Virtual Tour https://www.zillow.com/view-imx/7284b234-f159-4aaa-a233-d1c40d6ee2f6?setAttribution=mls&wl=true&initialViewType=pano
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Condominium
Legal Description 501 FIRST RESIDENCES CONDO UNIT 3200 UNDIV 0.16997% IN
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Interior
Interior Amenities Bedroom on Main Level Closet Cabinetry First Floor Entry Elevator
Flooring Ceramic Tile
Total Stories 40
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 0
Entry Level 3200
Total Baths 1
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Exterior
Exterior Amenities Barbecue
Parking Features Valet
Building Area Total 412
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Mak Realty Group

Broker

rybak.sergey@gmail.com

Email

Affordability Calculator

$2,955
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,955
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/8/2026$468,000 Listed Price

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121 NE 5th St 3200, Miami, FL, 33132 is a Condo for sale at $468,000 with 412 sqft. 121 NE 5th St 3200 is a studio with 1.0 baths and was built in 2025. The property's zip code is 33132 which is in Miami, FL