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Condominium

121 NE 5 ST # 709

121 NE 5 ST # 709, Miami FL 33132

$390,000

For Sale 3D Tour

0 Beds · 1 Bath · 402 SqFt

See estimated monthly cost

This listing is courtesy of Cervera Real Estate Inc.. Patricio Orloff

Overview

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.

Facts & features

Interior

Living area (sq ft): 402
Full bathrooms: 1
Furnished: Furnished

Interior Hall
Lobby
Fire Sprinklers
Entrance Foyer

Building & exterior

Year built: 2026

Other View
Open Balcony
Valet

HOA (homeowners association)

Association fee: $589 per month
Pets allowed: No

Bike Storage
Business Center
Clubhouse-Clubroom
Community Room
Elevator(s)
Exercise Room
Exterior Lighting
Heated Pool
Kitchen Facilities
Library
Pool
Sauna
Spa/Hot Tub
Trash Chute
Ok To Lease
No

Taxes

Annual tax: $0
Tax year: 2026
Parcel number: 01-41-01-008-3110

Listing

MLS number: A12015916
Property type: Condominium
Price per SqFt: $970
Subdivision: 501 FIRST RESIDENCES
On market since: May 8, 2026
Days on market: 141

Estimated monthly cost

$2,854 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $1,972
Property tax: $0
Insurance (estimated): $293
Association fee: $589

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

Show nearby schools

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Nearby schools

New World School of the Arts Public · 9-12 · 0.21 mi
School For Advanced Studies Wolfson Public · 11-12 · 0.21 mi
Law Enforcement Officers Memorial Senior High Public · 9-12 · 0.42 mi
Downtown Miami Charter School Charter · K-6 · 0.48 mi
RJW The Academy of Arts Sciences Private · KG-11 · 0.67 mi
School Board Adm - Main Building Public · 0 · 0.68 mi
Anna Brenner Meyers Telecommunication Complex Public · 0 · 0.70 mi
K-12 Distance Learning Public · K-12 · 0.70 mi
Frederick Douglass Elementary Public · PK-5 · 0.70 mi
Miami-Dade Online Academy Public · K-12 · 0.74 mi
iPrep Academy Public · PK-12 · 0.75 mi
Primary Learning Center Public · PK-4 · 0.75 mi
School Board Adm -Garage Public · 0 · 0.77 mi
Chapman Partnership Early Childhood Center North Public · PK · 0.77 mi
Key Point Academy Downtown Private · PK-12 · 0.78 mi

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