121 NE 5th St # 3200, Miami FL 33132, photo 1
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$468,000

CondominiumActive
⏱️ Listed 71 days ago (~2 months)
0Beds
1Baths
412Sq Ft
2025Built

121 NE 5th St # 3200, Miami FL 33132

MLS #A12039927

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.

🏢Learn about 501 First ResidencesBuilding amenities, floor plans, market stats and available units.

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Marie I. Sanjurjo
Licensed Broker
Blue Mar Real Estate Group
📞 (305) 680-5672💬 WhatsApp Marie✉️ [email protected]

About Downtown Miami

Downtown Miami has transformed into a dense urban neighborhood with Kaseya Center (home of the Miami Heat), Bayside Marketplace, the Perez Art Museum, Frost Science Museum, and Bayfront Park within walking distance of each other. The Miami Riverwalk connects downtown to Brickell along the water, and the Metromover provides free transit throughout the core. Condos range from new construction towers to renovated historic buildings, attracting first-time buyers, investors, and downtown professionals.

Explore Downtown Miami📊 Downtown Miami market report

Property Details

Property Type

Condominium

Year Built

2025

Living Area

412 sq ft

Bedrooms

0

Bathrooms

1

Pool

No

Waterfront

No

Cooling

Central Air

Heating

Central

Flooring

Ceramic Floor

Construction

Concrete Block Construction

Style

High Rise

HOA Fee

$589 / Monthly

Days on Market

71

MLS #

A12039927

Features & Amenities

Interior

Interior HallLobbyFirst Floor EntryCloset CabinetryElevator

Appliances

DishwasherDryerMicrowaveOther Equipment/AppliancesRefrigeratorWasher

Exterior

Barbeque

Other

Valet

Nearby Schools

Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.

Assigned Public Schools
Elementary
Douglass, Frederick Elementary
Grades K-5
314 NW 12 St., Miami 33136
Middle
Jose de Diego MS
Grades 6-8
3100 NW 5 Ave., Miami 33127
High
Washington, Booker T. Senior High
Grades 9-12
1200 NW 6th Ave., Miami 33136
Private Schools Within 5 Miles
RJW The Academy of Arts Sciences0.7 mi
430 NW 9th St, Miami
KLA Schools of Brickell0.8 mi
600 SW 1st Ave, Miami
Key Point Christian Academy0.8 mi
609 Brickell Ave, Miami
KLA Elementary0.8 mi
625 SW 1st Ave, Miami
The Learning World Academy in Downtown0.8 mi
555 NE 15th St, Miami
Brickell Heights Elementary0.9 mi
25 SW 9th St, Miami
WorldEd International School1.0 mi
848 Brickell Ave, Miami
Lincoln-Marti Schools - 8th Ave1.0 mi
221 NW 8th Ave, Miami

School data source: Miami-Dade County Open Data Hub

Location

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City

Miami

State

FL

ZIP Code

33132

County

Miami-Dade County

Subdivision

501 FIRST RESIDENCES

$468,000
121 NE 5th St # 3200, Miami FL 33132
0Beds
1Baths
412Sq Ft
📞 (305) 680-5672💬 WhatsApp
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121 NE 5th St # 3200, Miami FL 33132$468,000

Listing provided by Sergey Rybak at MAK Realty Group. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12039927.