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501 First Residences Apt 3200 For Sale

121 NE 5th St Apt 3200, Miami, FL 33132

$
$468,000
ruler icon412 SqFt.
bedroom icon0 Bedrooms
bathroom icon1 Baths
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Property Description

LISTING PRICE
$468,000
LISTING DATE
6/18/2026
BED/BATH
0/1
CONDO FEES
$589 Monthly
INTERIOR SPACE
412 SqFt
LISTING PRICE PER SQFT
$1,135.92
TAXES
N/A
REFERENCE
A12039927
CONDO
501 First Residences

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.

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Listed by MAK Realty Group

The MLS data provided for the property above (MLS#A12039927) is provided courtesy of Zilbert.com. Source: Southeast FloridaMLS. Data updated 8/25/2026. Mark Zilbert is a member of the Zilbert Network and is licensed with Zilbert as a cooperating broker or cooperating agent and may not be the listing agent for this property. Information is deemed reliable but not guaranteed. The listing data on this page comes from the Miami Association of Realtors. All rights reserved. The information being provided is for consumer personal, non-commercial use. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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