New construction

Price cut: $19K (7/27)

$390,000

121 NE 5th St #709, Miami, FL 33132

0beds

402sqft

$3,281/mo

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Condominium

Built in 2026

-- sqft lot

$-- Zestimate^®

$970/sqft

$589/mo HOA

What's special

Premium integrated appliancesIn-unit washer and dryerContemporary italian cabinetry

Unit 709 presents a opportunity in one of Miami’s most sought-after new developments. This 2025-built studio is designed for maximum utility and appeal in the high-demand Downtown rental market. A thoughtfully designed open studio layout providing 359 square feet of interior living space. Unlike typical urban studios, this unit features a deep 38-square-foot balcony, extending the living area into the city atmosphere. Fully equipped with contemporary Italian cabinetry, premium integrated appliances, and an in-unit washer and dryer. Situated at 121 NE 5th St, residents are positioned at the epicenter of Miami's urban evolution. Steps from the multi-billion dollar Miami Worldcenter project, ensuring long-term desirability and infrastructure support. Directly adjacent to the Brightline station and Metro Mover, providing effortless access to the wider South Florida region. Within walking distance of the Kaseya Center, Museum Park, and the city’s premier dining and nightlife.

117 days
74
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer

Features

Interior Hall, Lobby, Entrance Foyer
Flooring: Ceramic Tile
Doors: High Impact Doors
Windows: Complete Impact Glass, Blinds, Impact Glass
Furnished: Yes

Interior area

Total interior livable area: 402 sqft

Video & virtual tour

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Property

Parking

Parking features: Valet

Features

Entry location: Foyer
Patio & porch: Wrap Around
Exterior features: Balcony
Pool features: Association
Spa features: Community
Has view: Yes
View description: Other

Details

Parcel number: 0141010083110

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Concrete Block Construction

Condition

New Construction
New construction: Yes
Year built: 2026

Utilities & green energy

Electric: Circuit Breakers

Community & HOA

Community

Security: Fire Sprinkler System, Fire Alarm, Smoke Detector, Security Service
Application fee: $100
Subdivision: 501 First Residences

HOA

Has HOA: Yes
Amenities included: Bike Storage, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Fitness Center, Exterior Lighting, Pool, Kitchen Facilities, Library, Sauna, Spa/Hot Tub, Trash
HOA fee: $589 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $970/sqft
Date on market: 5/8/2026
Listing terms: Cash

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/14/2026	Listing removed	$2,100$5/sqft
Source: MIAMI #A11966114 Report a problem
7/28/2026	Listed for rent	$2,100$5/sqft
Source: MIAMI #A11966114 Report a problem
7/27/2026	Price change	$390,000-4.6%$970/sqft
Source: MIAMI #A12015916 Report a problem
5/21/2026	Listing removed	$2,100$5/sqft
Source: MIAMI #A11966114 Report a problem
5/8/2026	Listed for sale	$409,000$1,017/sqft
Source: MIAMI #A12015916 Report a problem
4/27/2026	Price change	$2,100-8.7%$5/sqft
Source: MIAMI #A11966114 Report a problem
4/10/2026	Price change	$2,300-6.1%$6/sqft
Source: MIAMI #A11966114 Report a problem
3/16/2026	Price change	$2,450-2%$6/sqft
Source: MIAMI #A11966114 Report a problem
2/16/2026	Listed for rent	$2,500$6/sqft
Source: MIAMI #A11966114 Report a problem