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For sale
    • $468,000

    121 NE 5th St Unit 3200, Miami, FL 33132

    0beds
    412sqft
    : 
    $3,786/mo
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    Condominium
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $1,136/sqft
    $589/mo HOA

    What's special

    Move-in-ready fully furnished studioRooftop poolIntegrated premium appliances
    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.
    56 days
    17
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Sergey Rybak 305-986-6739,

    MAK Realty Group

    Source: MIAMI,MLS#: A12039927MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Other, Refrigerator, Washer
      Features
      • Interior Hall, Lobby, Closet Cabinetry, Elevator
      • Flooring: Ceramic Tile
      Interior area
      • Total structure area: 412
      • Total interior livable area: 412 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Valet
      Features
      • Entry location: First Floor Entry
      • Exterior features: Barbecue
      • Pool features: Association
      • Spa features: Community
      • Has view: Yes
      • View description: Bay, Water
      • Has water view: Yes
      • Water view: Bay,Water
      Details
      • Parcel number: 0141010080200
      • Other equipment: Other

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Concrete Block Construction
      Condition
      • Year built: 2025

      Community & HOA

      Community
      • Security: Smoke Detector, Doorman, Elevator Secure, Lobby Secured
      • Application fee: $100
      • Subdivision: 501 First Residences
      HOA
      • Has HOA: Yes
      • Amenities included: Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Fitness Center, Pool, Spa/Hot Tub, Trash
      • HOA fee: $589 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $1,136/sqft
      • Date on market: 6/18/2026
      • Listing terms: Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/8/2026Listed for sale$468,000$1,136/sqft
        Source: MIAMI #A12039927 Report a problem
        7/7/2026Listing removed$5,300$13/sqft
        Source: MIAMI Report a problem
        5/6/2026Listed for rent$5,300$13/sqft
        Source: MIAMI #A12013256 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        96 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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