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
Complex Name
501 First Residences
Status
ACTIVE
Type
Condo
Full baths
1
Living Area
412

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

Days on Market
42
Interior Features
Interior Hall, Lobby, First Floor Entry, Closet Cabinetry, Elevator
Parcel Number
01-41-01-008-0200
Bedroom Description
Entry Level, Primary Bath Shower, Studio
Front Exposure
East
Exterior Features
Barbeque
Association Fee
$589
Unit View
Bay, Water View
Parking Restrictions
Valet
Unit Number
3200
SqFt Liv Area
412
Amenities
Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Spa/Hot Tub, Trash Chute
Year Built
2025
Style
Condo-Hotel, Condo
Restrictions
Daily Rentals Allowed, No Restrictions
Development Name
501 First Residences
Construction Type
Concrete Block Construction
Section
1

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Listing Courtesy of MAK Realty Group, Contact: