121 NE 5th St #3200

121 NE 5th St #3200 Miami 33132
0 bedrooms | 1 bathroom | 0 half bath | 412 sqft

$468,000

Property Details

MLS #
A12039927
Unit #
3200
Address
121 NE 5TH ST #3200  map  
Bedrooms
0
Bathrooms
1
Living Area (f2)
412
Living Area (M2)
38
Year Built
2025
Waterfront
Status
Active
Listing Type
Condo/Townhome
Maintenance Fee
$589
Complex
501 FIRST RESIDENCES
Days On Market
18
Pool
Yes
Pets Allowed
N/A
Parking Spaces
0

Corey Schwartz

Broker Associate
Gravity Real Estate

 305-726-2100 

Inquire About this Property

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.

Property Amenities

Equipment

  • Dishwasher
  • Dryer
  • Microwave
  • Other Equipment/Appliances
  • Refrigerator
  • Washer

Interior Features

  • Interior Hall
  • Lobby
  • First Floor Entry
  • Closet Cabinetry
  • Elevator

Exterior Features

  • Barbeque

Similar Properties

Address Unit # Price %Chng Bed/Bath
254 San Remo Blvd #254 254 $349,999 3/2
11 NE 6th St #1606 1606 $389,000 0/1
121 NE 5 ST #709 709 $409,000 0/1
121 NE 5th St #1809 1809 $425,000 0/1
225 N Miami Ave #308 308 $435,000 0/1
121 NE 5th St #304 304 $449,000 0/1
1010 SW 2 AVE #1110 1110 $450,000 1/1
20 NE 11th St #3106B 3106B $465,000 0/1
121 NE 5th St #3200 3200 $468,000 0/1
121 NE 5th Street #1404 1404 $489,000 0/1
20 NE 11th #2703B 2703B $495,000 0/1
121 NE 5th St #3704 3704 $500,000 0/1
225 N Miami Ave #202 202 $510,000 1/1
121 NE 5th St #510 510 $535,000 1/2
225 N Miami Ave #1102 1102 $539,000 1/1

https://www.collegetownliving.com/ is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed. Listing provided by MAK Realty Group

Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
Gravity Real Estate   Gravity Real Estate   Gravity Real Estate

Equal Housing Opportunity  Realtor®