Active

121 NE 5th St #3200

Miami, FL 33132
Mark as Favorite
Bed 0

Bed

Bath 1

Bath

SqFt412

Sqft

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 g uest 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.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential

Price : $468,000

AD Id : 87758742

MLS Id : A12039927

Living Area Size : 412

Year Built : 2025

County : Miami-Dade

Subdivision: Penthouse Delray Condo

  • Map Map

Map

Feature Features

  • Interior Features

    BedroomOnMainLevel, ClosetCabinetry, FirstFloorEntry, Elevator
    Appliances: Dryer, Dishwasher, Microwave, Other, Refrigerator, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2025
    Building Area Total: 412
    Construction Materials: Block
    Pool Features: Association, Heated
    Private Pool: No
    View: Bay, Water
    Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: Barbecue

  • Listing Price Information

    Listing Price: $468000
    Cash

  • Tax Information

    Parcel Number: 01-41-01-008-0200 Tax Year: 2026 Annual Tax: $0 Tax Legal Desc: 501 FIRST RESIDENCES CONDO UNIT 3200 UNDIV 0.16997% IN

  • Parking Information

    Valet

    Garage Information

    Pets Allowed: CatsOk, DogsOk, Yes

    Homeowners Association Information

    Included Fees: Amenities, HotWater, Internet, Sewer, Trash, Water
    HOA: $589.00
    Association Amenities: BusinessCenter, Clubhouse, Elevators, FitnessCenter, Barbecue, PicnicArea, Pool, SpaHotTub, Trash

  • Location Information

    Security Features: DoorMan,ElevatorSecured,LobbySecured,SmokeDetectors
Sell a home like this and save $27,581 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1749 NE Miami Court #405, Miami, FL, 33132 $1,325,000 1 2 1,946 --
253 NE 2nd St #3302, Miami, FL, 33132 $618,000 2 2 1,203 --
20 NE 11th St #3105, Miami, FL, 33132 $625,000 -- 1 474 --
851 NE 1st Ave #1506, Miami, FL, 33132 $765,000 1 2 1,173 --
244 Biscayne Blvd #451, Miami, FL, 33132 $330,000 1 2 978 --
1750 N Bayshore Dr #3310, Miami, FL, 33132 $329,000 1 1 821 --
1040 Biscayne Blvd #3802, Miami, FL, 33132 $1,895,000 2 3 1,802 --
133 NE 2nd Ave #1103, Miami, FL, 33132 $299,000 1 1 632 --
20 NE 11th St #4607A, Miami, FL, 33132 $485,000 -- 1 275 --
244 Biscayne Blvd #3702, Miami, FL, 33132 $750,000 2 2 1,203 --

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/10/2026 @ 08:56

MLS: A12039927 LISTED BY: Sergey Rybak, MAK Realty Group 917-714-7168 SOURCE: SEFMIAMI

Homes around $468,000

Selling? Save $27,581 when you sell a home like this

Tour with a ByOwner Agent