121 NE 5th Street 1809, Miami, FL 33132

$410,000
Property Type: Residential Baths: 1 Square Footage: 359 Status: Active
Current Price: $410,000 List Date: 5/29/2026 Last Modified: 10/27/2026

Overview

Description

Modern studio in the heart of Downtown Miami featuring floor-to-ceiling windows, contemporary finishes and fully furnished. Closets are done, just need to add details to start renting out such as bed bedding and kitchen supplies. Full-service building with resort-style amenities and unbeatable location in Miami World Center near dining, nightlife, and cultural attractions. Unit has not been used. ready for new owner to take over and start renting out or using as a pied a ter in miami. Investor-friendly building allows daily/short-term rentals, offering strong income potential in a high-demand area.

Listing Details MLS# A12027732

General Property Information

Unit Floor #
18
Property Sub Type
Condominium
Bathrooms Total
Yes
Bathrooms Full
Yes
Building Area Main
359
Living Area Main
359
Adjusted Area Main
359
Year Built
2025
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
40
Furnished
Furnished

Property Features

Application Information: 1-2 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Elevator; Hot Water; Sewer; Trash; Water Flooring: Ceramic Tile Leasing Permitted Details: Short Term Rentals Allowed Parking Features: Valet Appliances: Dishwasher; Dryer Construction Materials: Block Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Closet Cabinetry Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: Private Possession: Close Of Escrow Security Features: Security System Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Unit Description: High Rise View: Skyline Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open

Contract Information

Comp Sale YN
No
Original List Price
445000
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
121
Street Direction Prefix
NE
Street Name
5th
Street Suffix
Street
Unit Number
1809
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33132
Postal Code +4
2625
Postal Zip
33132
Subdivision Name
501 First
Area
2410
Elementary School
Frederick Douglass
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Special Assessment YN
No
Parcel Number
0141010083210
Subdivision Number
8

Financial Information

Association YN
Yes
Association Fee
589
Association Fee Frequency
Monthly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
589
Membership Fee Required YN
No
Tax Year
2026
Tax Legal Description
501 FIRST RESIDENCES CONDO UNIT 1809 UNDIV 0.14826% INT IN COMMON ELEMENTS OFF REC 35067-4463

Status Change Information

Major Change Timestamp
2026-10-05T20:56:55Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-10-05T20:56:55Z
Status Change Date
2026-06-01

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
Yes

Leasing Restrictions

Leasing - Max Times Per Year
356
Leasing - Minimum Number of Days
Yes

Storm Protection

Impact Glass
Partial

Price Calculations

Current Price To SqFt
1142.06

Section Details

Parcel Number MLX
3210

Originating Details

Originating System Key
500252834
Originating System ID
M00000151
IDX
Listing Office: Miami Residential Group
Source MLS Verified
Last Updated: October - 27 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.