For Sale & For Rent · Active

501 First Residences Unit 3200

121 NE 5th St, Unit 3200, 33132About this building

Price

$468,000

Bedrooms

Studio

Bathrooms

1

Sq Ft

412

$ / Sq Ft

$1,136

For Rent

$5,300/mo

MLS A12013256

About This Residence

The Residence

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

Inside the residence

Interior

  • Interior Hall
  • Lobby
  • First Floor Entry
  • Closet Cabinetry
  • Elevator

Appliances

  • Elevator
  • Dishwasher
  • Dryer
  • Microwave
  • Other Equipment/Appliances

Exterior

  • Barbeque

Views

  • Bay
  • Water View

Parking

  • Valet

Amenities

  • Barbecue
  • Business Center
  • Clubhouse-Clubroom
  • Elevator(s)
  • Exercise Room

Maintenance includes

  • All Amenities
  • Hot Water
  • Internet/Wi Fi
  • Sewer
  • Trash Removal
501 First Residences

The building

501 First Residences

501 First Residences presents a new offering for urban living in Downtown Miami. Located at 121 NE 5th St, this pre-construction tower is set for completion in 2026. Developed by Aria Development and designed by Revuelta Architecture, it… See more →

Year built

2026

Floors

36

Units

448

Avg. $/sqft

$1,070

View building page →

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