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121 NE 5th St # 1809, Miami FL 33132

Condo/Co-op For Sale
$425,000

BTC: 6.77830941

ETH: 266.50947833

-$20K (2026/06/29)
37 days
1 ba
359 sqft

Overview

Modern studio in the heart of Downtown Miami featuring floor-to-ceiling windows, contemporary finishes and fully furnished. Closets are done, just need to add details to start renting out such as bed bedding and kitchen supplies. Full-service building with resort-style amenities and unbeatable location in Miami World Center near dining, nightlife, and cultural attractions. Unit has not been used. ready for new owner to take over and start renting out or using as a pied a ter in miami. Investor-friendly building allows daily/short-term rentals, offering strong income potential in a high-demand area.

Location

Florida • Miami • 33132 • Condo/Co-op • For Sale

Details

Type:
Residential
Parking:
1 Space / Valet
Year Built:
2025
Lot:
No Data
Heating:
Central
Price/sqft:
$1,184
Cooling:
Central Air
HOA:
$589

Valuation

Our model vs. what's actually selling nearby.
Estimate
$475,000
$400K – $611K
Confidence Low
List vs. estimate
$50K below estimate
List $425,000 · -10.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$1,183
+109.8% vs. city median $564
Based on
45 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $537K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

HOA
$589/mo
Pool
Private
View
Skyline
Garage
1 car garage
Furnished
Furnished
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    Other interior features

    • Closet Cabinetry

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Valet

    Property

    • Pool Private: Yes

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-41-01-008-3210

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $589

    • HOA Frequency: Monthly

  • Source details

    • MLS ID: A12027732

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 359

    • Subdivision Name: 501 First

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33132
329
median $665K
Active
Same city
Miami
5,075
median $640K
Active
Same type
Condo/Co-op
2,552
median $499K
Active
Similar price
$297K – $552K
1,359
median $445K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Miami Residential Group