DEVELOPER UNIT! Studio / 1 Bath | 402 SF | South-Facing Exceptional opportunity to own a brand-new, fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes throughout and move-in ready, offering outstanding investment potential. One of the few residences in the area with no rental restrictions, allowing short-term rentals. Ideally located in the vibrant Miami Worldcenter district. The residence features floor-to-ceiling impact-resistant glass, a private balcony, Italian cabinetry, high-end appliances, and designer furnishings included in the sale. Residents enjoy over 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, coworking spaces, a chef's kitchen, and much more. Easy to show.
New construction
$500,000
121 NE 5th St #3704, Miami, FL 33132
0beds
402sqft
Condominium
Built in 2025
-- sqft lot
$-- Zestimate®
$1,244/sqft
$589/mo HOA
What's special
Private balconyPremium finishes throughoutRooftop poolItalian cabinetryFloor-to-ceiling impact-resistant glassBrand-new fully furnished residenceHigh-end appliances
- 3 days |
- 40 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Peggy Olin 305-546-0939,
One World Properties
Source: MIAMI,MLS#: A12050355
Originating MLS: A-Miami Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Other, Refrigerator, Washer
Features
- Elevator, Other
- Flooring: Other
- Doors: High Impact Doors
- Windows: Other Windows
Interior area
- Total structure area: 440
- Total interior livable area: 402 sqft
Video & virtual tour
Property
Parking
- Parking features: Other, Valet
Features
- Exterior features: Other, Barbecue, Courtyard
- Pool features: Association
- Has view: Yes
- View description: Other
Details
- Parcel number: 0141010081700
- Other equipment: Other
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Other
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Community & HOA
Community
- Security: Smoke Detector, Elevator Secure, Card Entry, Lobby Secured, Other, Security Service, TV Camera
- Application fee: $0
- Subdivision: 501 First Residences
HOA
- Has HOA: Yes
- Amenities included: Barbecue, Business Center, Clubhouse-Clubroom, Community Room, Fitness Center, Other, Pool
- HOA fee: $589 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,244/sqft
- Date on market: 7/8/2026
- Listing terms: All Cash,Conventional,FHA
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale | $500,000$1,244/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10Frederick R. Douglass Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 0.9 mi
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- 121 NE 5th St Unit 3704