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121 NE 5th St #3200

Miami, FL 33132
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Bed 0

Bed

Bath 1

Bath

Acres412

Acres

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.

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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: 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
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
398 NE 5th Street #2118, Miami, FL, 33132 $1,190,000 3 3 1,135 1,135 SqFt
398 NE 5th Street #2017, Miami, FL, 33132 $1,150,000 3 3 1,043 1,043 SqFt
601 NE 1 Ave #4704, Miami, FL, 33132 $610,000 1 1 641 641 SqFt
851 NE 1st Ave #3000, Miami, FL, 33132 $749,999 1 2 1,018 1,018 SqFt
398 NE 5th St #3209, Miami, FL, 33132 $1,649,000 2 2 983 983 SqFt
50 Biscayne Blvd #4208, Miami, FL, 33132 $875,000 3 2 1,357 1,357 SqFt
851 NE 1st Ave #PH 5411, Miami, FL, 33132 $9,490,000 5 7 6,513 6,513 SqFt
601 NE 1st Avenue #2906, Miami, FL, 33132 $432,888 1 1 411 411 SqFt
488 NE 18 St #1809, Miami, FL, 33132 $888,000 2 3 1,257 1,257 SqFt
851 NE 1st Ave #7, Miami, FL, 33132 $200,000 1 1 --

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 07/27/2026 @ 04:37

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

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