501 First Residences Unit 3200 For Sale
Property Details
| Asking Price | $468,000 |
|---|---|
| Price per SqFt | $1,136 |
| Maintenance Fee | $589 Monthly |
| Property Taxes | Not yet assessed |
| Interior Space | 412 SqFt |
| Beds/Baths | 0/1 |
| Year Built | 2025 |
| MLS # | A12039927 |
Location
From the listing
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.
Listed by MAK Realty Group
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $589 a month. MLS figures, which may not be accurate.
Sales History for This Home · 501 First Residences Unit 3200
Sales history is unavailable for this property
Listed by MAK Realty Group. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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121 NE 5th Street 3200, Miami · MLS A12039927 · $468,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.