121 NE 5th Street 3200, Miami, FL 33132

$468,000 · Active

  • 0 beds
  • 1 bath
  • 412 sq ft
  • Condominium
  • Built 2025
  • HOA $589/mo
  • Miami-Dade County
  • MLS# A12039927
  • 501 First Residences
Photo 1 at 121 NE 5th Street 3200, MiamiPhoto 2 at 121 NE 5th Street 3200, MiamiPhoto 3 at 121 NE 5th Street 3200, MiamiPhoto 4 at 121 NE 5th Street 3200, MiamiPhoto 5 at 121 NE 5th Street 3200, MiamiPhoto 6 at 121 NE 5th Street 3200, MiamiPhoto 7 at 121 NE 5th Street 3200, MiamiPhoto 8 at 121 NE 5th Street 3200, Miami

About this home

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.

Features

Schools

  • Elementary: Frederick Douglass
  • Middle: Jose De Diego
  • High: Booker T. Washington

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

MAK Realty Group · rybak.sergey@gmail.com · Listing agent: Sergey Rybak

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 121 NE 5th Street 3200.

Questions About 121 NE 5th Street 3200

How much is 121 NE 5th Street 3200?
121 NE 5th Street 3200 is listed at $468,000, which is about $1,136 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 121 NE 5th Street 3200?
The listing reports an association fee of $589 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
When was 121 NE 5th Street 3200 built?
121 NE 5th Street 3200 was built in 2025. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 121 NE 5th Street 3200 been on the market?
121 NE 5th Street 3200 has been listed for 122 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 121 NE 5th Street 3200?
The MLS lists Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 121 NE 5th Street 3200?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 1 bedroom condo at 133 NE 2nd Avenue 3410, Miami, FL 33132 is comparable and listed for sale at $349,999. Another comparable condo, 275 NE 18th Street 1705, Miami, FL 33132, sold for $398,000 in October 2026. Other Miami neighborhoods include Kendale Lakes and The Hammocks. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Miami Beach, and Coconut Grove. Compare it with the Miami housing market report.