121 NE 5th Street 3200, Miami, FL 33132 (MLS# A12039927)

121 NE 5th Street 3200, Miami, FL 33132

$468,000

Virtual Tour

https://www.zillow.com/view-imx/7284b234-f159-4aaa-a233-d1c40d6ee2f6?setAttribution=mls&wl=true&initialViewType=pano

Property Type: Residential Baths: 1 Square Footage: 412 Status: Active

Current Price: $468,000 List Date: 6/18/2026 Last Modified: 7/10/2026

Overview

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 ne ... (Read more)

Listing Details MLS# A12039927

General Property Information

Lease MLS ID: A12013256
Unit Floor #: 3200
Property Sub Type: Condominium
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 412
Living Area Main: 412
Adjusted Area Main: 412
Year Built: 2025
Senior Community YN: No
Stories Total: 40
Direction Faces: East

Property Features

Application Information: No Approvals Association Amenities: Maintenance Association Fee Includes: Hot Water; Internet; Sewer; Trash; Water Exterior Features: Barbecue Flooring: Ceramic Tile Leasing Permitted Details: Short Term Rentals Allowed Parking Features: Valet Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer; Other Construction Materials: Block Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Closet Cabinetry; Elevator Listing Terms: Cash Other Equipment: Other Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: No Restrictions Security Features: Elevator Secure; Lobby - Attended; Security System; Smoke Detector(s) Tax Information: Agricultural Exemption; New Construction Unit Description: Interior Hallway; Studio; High Rise View: Water Water View: Bay Showing Requirements: 24 Hour Notice; Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 468000
Occupant Type: Call Listing Agent

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: 3200
City Name: Miami
Municipal Code: 8
State Or Province: FL
Postal Code: 33132
Postal Code +4: 2631
Postal Zip: 33132
Subdivision Name: 501 FIRST RESIDENCES
Area: 2410
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Special Assessment YN: No
Parcel Number: 0141010080200

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 3200 UNDIV 0.16997% IN

Status Change Information

Major Change Timestamp: 2026-06-18T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-08

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Entry Information

Entry Level: Yes

Leasing Permitted Details

Leasing Permitted YN: Yes
Short Term Rentals Allowed: Yes

Leasing Restrictions

Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: Yes

Price Calculations

Current Price To SqFt: 1135.92

Section Details

Parcel Number MLX: 0200

Originating Details

Originating System Key: 514303447
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

No Approvals: Yes

Amenities

Business Center: Yes
Clubhouse: Yes
Elevator(s): Yes
Fitness Center: Yes
Heated Pool: Yes
Lobby: Yes
Picnic Area: Yes
Pool: Yes
Spa/Hot Tub: Yes
Trash Chute: Yes

Association Amenities

Maintenance: Yes

Association Fee Includes

Hot Water: Yes
Internet: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Exterior Features

Barbecue: Yes

Flooring

Ceramic Tile: Yes

Parking Features

Valet: Yes

Possession

Close Of Escrow: Yes

View

Water: Yes

Heating

Central: Yes

Unit Description

Interior Hallway: Yes
Studio: Yes
High Rise: Yes

Water View

Bay: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Other: Yes

Construction Materials

Block: Yes

Interior Features

Closet Cabinetry: Yes
Elevator: Yes

Listing Terms

Cash: Yes

Other Equipment

Other: Yes

Security Features

Elevator Secure: Yes
Lobby - Attended: Yes
Security System: Yes
Smoke Detector(s): Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

24 Hour Notice: Yes
Call Listing Agent: Yes

Master Bedroom/Bath

Bedroom On Entry Level: Yes
Separate Shower: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Tax Information

Agricultural Exemption: Yes
New Construction: Yes

Listing Office: MAK Realty Group

Last Updated: July - 10 - 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.

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