$468,000

For sale

121 NE 5th St #3200, Miami FL 33132

0 beds1 baths412 sq ftBuilt 2025MLS# A12039927

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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.

Property details

Property type
Condo
Year built
2025
Living area
412 sq ft
Price per sq ft
$1,136
HOA fee
$589/mo
Property taxes
/yr
Floors in building
47
Building / community
501 First Residences
Status
For sale
MLS #
A12039927

Listing courtesy of MAK Realty Group.

Location

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