$468,000
121 NE 5th Street 3200
Miami, FL 33132
MLS# A12039927
1 baths  |  412 sqft


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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.

Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Call Listing Agent
Listing Date: 2026-06-18
Status: Active
Original List Price: 468000
List Price: $468,000
Current Price: $468,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 8
Postal Zip: 33132
Special Assessment YN: No
Country: United States
Street Number: 121
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Street
Unit Number: 3200
State Or Province: FL
Postal Code: 33132
Postal Code +4: 2631
Subdivision Name: 501 FIRST RESIDENCES
Area: 2410
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0141010080200
General Property Information
Lease MLS ID: A12013256
Unit Floor #: 3200
Adjusted Area Main: 412
Living Area Main: 412
Senior Community YN: No
Stories Total: 40
Property Sub Type: Condominium
Bathrooms Total: 1
Bathrooms Full: 1
Building Area Main: 412
Year Built: 2025
Direction Faces: East
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 589
Membership Fee Required YN: No
Association YN: 1
Association Fee: 589
Association Fee Frequency: Monthly
Tax Year: 2026
Tax Legal Description: 501 FIRST RESIDENCES CONDO UNIT 3200 UNDIV 0.16997% IN
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 100
Application Information
No Approvals: 1
Amenities
Business Center: 1
Clubhouse: 1
Elevator(s): 1
Fitness Center: 1
Heated Pool: 1
Lobby: 1
Picnic Area: 1
Pool: 1
Spa/Hot Tub: 1
Trash Chute: 1
Association Amenities
Maintenance: 1
Association Fee Includes
Hot Water: 1
Internet: 1
Sewer: 1
Trash: 1
Water: 1
Entry Information
Entry Level: 1
Exterior Features
Barbecue: 1
Flooring
Ceramic Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Short Term Rentals Allowed: 1
Parking Features
Valet: 1
Possession
Close Of Escrow: 1
View
Water: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: 1
Unit Description
Interior Hallway: 1
Studio: 1
High Rise: 1
Water View
Bay: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Other: 1
Construction Materials
Block: 1
Interior Features
Closet Cabinetry: 1
Elevator: 1
Listing Terms
Cash: 1
Other Equipment
Other: 1
Security Features
Elevator Secure: 1
Lobby - Attended: 1
Security System: 1
Smoke Detector(s): 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Master Bedroom/Bath
Bedroom On Entry Level: 1
Separate Shower: 1
Pets Allowed YN
Yes: 1
Restrictions
No Restrictions: 1
Tax Information
Agricultural Exemption: 1
New Construction: 1
Price Calculations
Current Price To SqFt: 1135.92
Section Details
Parcel Number MLX: 0200
Status Change Information
Major Change Timestamp: 2026-06-18T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-08
Originating Details
Originating System Key: 514303447
Originating System ID: M00000151
Property Features
Application Information: No Approvals
Association Amenities: Maintenance
Association Fee Includes: Hot Water; Internet; Sewer; Trash; Water
Exterior Features: Barbecue
Flooring: Ceramic Tile
Leasing Permitted Details: Short Term Rentals Allowed
Parking Features: Valet
Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer; Other
Construction Materials: Block
Cooling: Central Air
Association Type: Condominium
Heating: Central
Interior Features: Closet Cabinetry; Elevator
Listing Terms: Cash
Other Equipment: Other
Pets Allowed YN: Yes
Possession: Close Of Escrow
Restrictions: No Restrictions
Security Features: Elevator Secure; Lobby - Attended; Security System; Smoke Detector(s)
Tax Information: Agricultural Exemption; New Construction
Unit Description: Interior Hallway; Studio; High Rise
View: Water
Water View: Bay
Showing Requirements: 24 Hour Notice; Call Listing Agent

IDX
Listing Office: MAK Realty Group

Last Updated: July - 15 - 2026

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