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Rio Plaza North

121 Ne 5, Miami, FL, 33132
Market data compiled by Andres Jara, Licensed Real Estate Broker · Douglas Elliman · Data updated October 13, 2026
57
RESIDENCES
6
STORIES
1988
YEAR BUILT
$379K – $995K+
VALUE RANGE

Rio Plaza North is a 6-story condominium in Miami, completed in 1988, with 57 residences. Residences range from $379K 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$1,192185
3712$995,0002 / 2757$1,31415
2401$970,0002 / 2760$1,27679
3401$940,0002 / 2760$1,237119
1701$929,0002 / 2760$1,222148

1 Bedroom Condos · showing 5 of 19

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
2102$690,0001 / 2544$1,268119
2705$690,0001 / 1489$1,41110
1006$685,0001 / 1511$1,34171
3703$659,0001 / 2597$1,10457
2002$649,0001 / 2544$1,19312

Studios · 4 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
1012A$520,0000 / 1343$1,51647
3704$500,0000 / 1402$1,24456
504$499,0000 / 1359$1,3901
1404$489,0000 / 1——191
Neighborhood
Downtown Miami

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ANALYTICS

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

CURRENT INVENTORY

42
Active Listings
▲ 14% vs last month
Avg List Price
$593K
Avg Days on Market
99

INVENTORY BY BEDROOM

  • 0 Bed (17) 40%
  • 1 Bed (18) 43%
  • 2 Bed (7) 17%
Building vs. Market
85% premium to Miami
Commands a 85% premium to the Miami average ($854 vs $462/sqft) — a sign of stronger relative demand.

INVENTORY TREND (ALL UNITS)

47240Nov '25Mar '26Jul '26
15
New Listings
last 3 months
$854
Avg Sale $/SqFt
last 36 months
252
Months of Supply
2
Sold
last 12 months

Market & Community Report

As of October 13, 2026, Rio Plaza North carries 42 active listings at an average asking price of $593K, with an average time on market of 99 days. Closed sales over the preceding 36 months averaged $854 per sq ft, and 2 transactions closed in the past 12 months — implying 252 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 October 13, 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 October 13, 2026, 42 residences are actively listed for sale at Rio Plaza North. Current asking prices range from $379K 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 $379K to $995K. Over the past 36 months, closed sales have averaged $854 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 $854 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, 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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