121 5th Street Unit 3200, Miami, FL 33132

$468,000 — Active

Property Features

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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.

Property Details

  • Listing ID: A12039927
  • Status: Active
  • Listing Date: 2026-06-18
  • Property Type: Condominium
  • Unit / Building #: 3200
  • Subdivision: 501 FIRST RESIDENCES
  • County: Miami-Dade
  • MLS Area: 2410
  • Bedrooms: 0
  • Full Bathrooms: 1
  • Living Area Sq Ft: 412
  • Year Built: 2025

Financial

  • List Price: $468,000
  • HOA Fee: $589/mo
  • Taxes: N/A

Features & Amenities

  • View: Water, Bay
  • Pets Allowed: Yes
  • Parking: Valet
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Ceramic Tile
  • Construction: Block
  • Interior Features: Elevator, Closet Cabinetry
  • Exterior Features: Barbecue
  • Community Amenities: Clubhouse, Elevator(s), Fitness Center, Picnic Area, Pool, Spa/Hot Tub, Trash Chute, Business Center, Heated Pool, Lobby, Maintenance

Courtesy of MAK Realty Group
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© 2026 Starfish Real Estate. Listings updated Nov 11, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.