Premier Brokers International
121 NE 5th Street 3200, Miami, FL 33132
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12039927
$468,000

121 NE 5th Street 3200, Miami, FL 33132

Beds
0
Baths
1
Sqft
412
Est. payment$3,251/mo
Home type
Condominium
Year built
2025
Lot size
—
Price / sqft
$1,136
HOA
$589/mo
Community
501 FIRST RESIDENCES

Property 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 near-term capex and maintenance risk a low-friction, flexible-use addition to any rental portfolio.

Listing activity

Days on market
103
Listed
Jun 18, 2026
MLS listing updated
1 hour ago
Feed last checked
12 minutes ago

Listed by Sergey Rybak · MAK Realty Group

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
0
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0

Rooms & features

Rooms
0
Interior features
Closet Cabinetry, Elevator
Flooring
Ceramic Tile
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer, Other
Other equipment
Other

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0
Parking features
Valet
Attached garage
No

Exterior

Stories
40
Building area
412 sqft
Entry level
1
Exterior features
Barbecue
View
Bay, Water
Waterfront property
No
Construction

Type & style

Home type
Condominium
Year built
2025

Materials

Construction
Block
Faces
East
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
501 FIRST RESIDENCES
MLS area
2410
Security
Elevator Secure, Lobby - Attended, Security System, Smoke Detector(s)
Pets allowed
Yes
55+ community
No

Association

Has association
Yes
Association fee
$589 monthly
Estimated monthly dues
$589
Amenities
Maintenance, Pool, Business Center, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Lobby, Picnic Area, Spa/Hot Tub, Trash Chute
Services included
Hot Water, Internet, Sewer, Trash, Water
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33132
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12039927
Possession
Close Of Escrow
Original list price
$468,000
Parcel number
0141010080200
Annual property tax
$0
Tax year
2026
Tax legal description
501 FIRST RESIDENCES CONDO UNIT 3200 UNDIV 0.16997% IN
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Pool, Business Center, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Lobby, Picnic Area, Spa/Hot Tub, Trash Chute
Association Fee Frequency
Monthly
Association Fee Includes
Hot Water, Internet, Sewer, Trash, Water
Association
Yes
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
412
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
103
Direction Faces
East
Elementary School
Frederick Douglass
High School
Booker T. Washington
List Price
468000
Listing Contract Date
2026-06-18
Living Area
412
MLSArea Major
2410
Middle Or Junior School
Jose De Diego
Mls Status
Active
On Market Date
2026-06-18
Photos Count
19
Postal Code
33132
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Elevator Secure, Lobby - Attended, Security System, Smoke Detector(s)
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-06-18T04:00:00Z
Stories Total
40
Subdivision Name
501 FIRST RESIDENCES
Tax Annual Amount
0
Bathrooms Full
1
Bedrooms Total
0
Waterfront
No
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
589

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jun 18, 2026ListedMIAMI REALTORS® MLS$468,000$1,136/sqft

Public tax history

YearProperty taxesAssessment
2026$0—

Payment calculator

Estimated monthly payment$3,251/moIllustrative estimate, not a loan offer.
Principal & interest
$2,428
Property taxes
$0
Insurance
$234
Association dues
$589

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

501 FIRST RESIDENCES

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frederick DouglassElementary
—
Jose De DiegoMiddle
—
Booker T. WashingtonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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12 homes

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of MAK Realty Group. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.