Condominium at 501 FIRST RESIDENCES in Miami
$468,000
Listing courtesy of MAK Realty Group; Sergey Rybak. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
n/a
1
412
Condominium, Residential
Details
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 near-term capex and maintenance risk a low-friction, flexible-use addition to any rental portfolio.
This condominium home located at 121 NE 5th St # 3200, Miami FL 33132 is currently for sale and has been available on Brickellsold for 89 days. This property is listed at $468K. It has N/A beds, 1 bathrooms, and is 412 square feet. It was built in 2025. 121 NE 5th St # 3200, Miami FL 33132 is in Miami county Miami-Dade County.
Interior
- Flooring: Ceramic Floor
- Common walls with other units/homes: High Rise
Property
- Parking Features: Valet
- Entry location: Interior Hall, Lobby, First Floor Entry, Closet Cabinetry, Elevator
- Exterior Features: Barbeque
- Has View: Yes
- View Description: Bay, Water View
Construction
- Year Built: 2025
Community & HOA
- Security Features: Smoke Detector, Doorman, Elevator Secure, Lobby Secured
- Subdivision: 501 FIRST RESIDENCES
- Has HOA: Yes
- Amenities: Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Spa/Hot Tub, Trash Chute
- HOA Fees: $589/mo
Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- New World School of the Arts • 0.0 mi • K-12
- School For Advanced Studies Wolfson • 0.0 mi • K-12
- Law Enforcement Officers Memorial Senior High • 0.0 mi • K-12
- School Board Adm - Main Building • 0.0 mi • K-12
- Anna Brenner Meyers Telecommunication Complex • 0.0 mi • K-12
- K-12 Distance Learning • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.
