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Rio Plaza North

121 Ne 5 St, Miami, FL, 33132
57
RESIDENCES
6
STORIES
1988
YEAR BUILT
$390K – $995K+
VALUE RANGE

Rio Plaza North is a 6-story condominium in Miami, completed in 1988, with 57 residences. Residences range from $390K to $995K.

Available Residences at Rio Plaza North

2 Bedroom Condos · showing 5 of 7

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
2101$995,0002 / 2835$1,192133
3401$970,0002 / 2760$1,27636
2401$970,0002 / 2760$1,27679
1712$959,0002 / 2757$1,26775
3712$955,0002 / 2757$1,2620

1 Bedroom Condos · showing 5 of 14

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
2705$690,0001 / 1489$1,41110
1006$690,0001 / 1511$1,3501
3710$661,0001 / 3 / 1545$1,2130
3703$659,0001 / 2597$1,10432
2002$649,0001 / 2544$1,1930

Studios · showing 5 of 9

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
1012A$520,0000 / 1343$1,51647
3704$500,0000 / 1402$1,24431
504$499,0000 / 1359$1,3901
1404$489,0000 / 1149
3200$468,0000 / 1412$1,13671
Neighborhood
Downtown Miami

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

32
Active Listings
▲ 20% vs last month
Avg List Price
$633K
Avg Days on Market
58

INVENTORY BY BEDROOM

  • 0 Bed (11) 34%
  • 1 Bed (14) 44%
  • 2 Bed (7) 22%
Building vs. Market
13% discount to Miami
Trades at a 13% discount to the Miami average ($400 vs $461/sqft) — potential relative value for buyers.

INVENTORY TREND (ALL UNITS)

40200Sep '25Jan '26May '26
21
New Listings
last 3 months
$400
Avg Sale $/SqFt
last 36 months
192
Months of Supply
2
Sold
last 12 months

Market & Community Report

As of August 29, 2026, Rio Plaza North carries 32 active listings at an average asking price of $633K, with an average time on market of 58 days. Closed sales over the preceding 36 months averaged $400 per sq ft, and 2 transactions closed in the past 12 months — implying 192 months of supply against the current pace of absorption.

Zip code 33132 (Miami) is home to 18,244 residents with a median age of 34.5. Per-capita income stands at $76,436; 61.5% hold a bachelor's degree or higher. 27.8% of units are owner-occupied; 27.5% of residents work from home.

Data current as of August 29, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Rio Plaza North

How many condos are for sale at Rio Plaza North?

As of August 29, 2026, 32 residences are actively listed for sale at Rio Plaza North. Current asking prices range from $390K to $995K. Inventory updates daily from the MLS.

How much do condos at Rio Plaza North cost?

Condos at Rio Plaza North are currently asking from $390K to $995K. Over the past 36 months, closed sales have averaged $400 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Rio Plaza North?

Based on MLS closed sales over the preceding 36 months, the average sale price at Rio Plaza North is $400 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Rio Plaza North located?

Rio Plaza North is located at 121 Ne 5 St, Miami, FL, 33132, in the Downtown Miami area.

What neighborhood is Rio Plaza North in?

Rio Plaza North is in Downtown Miami, Miami. You can compare every condo building, home inventory, and price trend across Downtown Miami on its neighborhood guide.

How many units are in Rio Plaza North?

Rio Plaza North has 57 residences across 6 stories.

What year was Rio Plaza North built?

Rio Plaza North was completed in 1988.

What amenities does Rio Plaza North offer?

Rio Plaza North amenities include Laundry.

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