501 First Residences Condo For Sale
121 Ne 5th St, Unit 3200, Miami, FL 33132

$468,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A12039927
  • Virtual Tour: YES
  • Unit Number:3200
  • List Price: $468,000
  • Living Area: 412 Ft² / 38 M²
  • Price Per Foot/Meter: $1,136 / $12,227
  • Full Baths:1
  • Maintenance:$589
  • Year Built:2025
  • Listing Date:July 8, 2026

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.

Features


  • Floor:CeramicTile
  • Interior Feature:BedroomOnMainLevel, ClosetCabinetry, FirstFloorEntry, Elevator
  • Exterior Feature:Barbecue

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker