Home > Florida > Miami > 501 FIRST RESIDENCES > 121 NE 5th St # 3200, Miami FL 33132 | Unit 3200

Condominium for sale in 501 FIRST RESIDENCES

121 NE 5th St # 3200, Miami FL 33132 | Unit 3200
List Price:$468,000
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Details

1
412 Sq Ft
2025
  • List Price: $468,000
  • Unit Number: 3200
  • Description: Condominium
  • City: Miami
  • Subdivision: 501 FIRST RESIDENCES
  • Association Fee: $589 Monthly
  • County: Miami-Dade County

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

Property Features

  • Cooling: Central Air
  • Heating: Central
  • Flooring: Ceramic Floor
  • Appliances: Dishwasher,Dryer,Microwave,Other Equipment/Appliances,Refrigerator,Washer
  • Architectural Style: High Rise

Additional Features

  • Amenities: Barbecue,Business Center,Clubhouse-Clubroom,Elevator(s),Exercise Room,Heated Pool,Pool,Spa/Hot Tub,Trash Chute
  • Exterior Features: Barbeque
  • View: Bay,Water View
  • Parking: Valet
  • Interior Features: Interior Hall,Lobby,First Floor Entry,Closet Cabinetry,Elevator

Fees, Maintenance & Taxes

  • Association Fee: $0
  • Association Fee Frequency: Monthly

School Information

  • County: Miami-Dade County

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