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501 First Residences
121 NE 5th St # 3200, Miami FL 33132
Condo For Sale

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

List Price:$468,000
Unit:# 3200
Address:121 5th St #3200
Miami FL 33132
Bedrooms:0
Bathrooms:1
Living Area (f2):412
Living Area (M2):38
Year Built:2025
Waterfront:n/a
Taxes:TBD
Association Fee:$589 (Monthly)
Complex:501 FIRST RESIDENCES
Days On Market:31 days
Pets Allowed:Yes
Parking Spaces:0
Parking Features:Valet

Property Amenities

Building Amenities

  • Barbecue
  • Business Center
  • Clubhouse-Clubroom
  • Elevator(s)
  • Exercise Room
  • Heated Pool
  • Pool
  • Spa/Hot Tub
  • Trash Chute

Appliances

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

Interior Features

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

Exterior Features

  • Barbeque

Security Features

  • Smoke Detector
  • Doorman
  • Elevator Secure
  • Lobby Secured

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MiamiCondoLifestyle.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, MLSID A12039927