Condominium

121 NE 5th St # 3703

121 NE 5th St # 3703, Miami FL 33132 Get directions

$659,000

For Sale

1 Bed · 2 Baths · 597 SqFt

See estimated monthly cost

This listing is courtesy of One World Properties. Peggy Olin

Overview

BRAND NEW CONSTRUCTION! DEVELOPER UNIT! 1 Bed + DEN / 2 Baths | 597 SF | Facing South Exceptional opportunity to own a brand-new, fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes and designer furnishings, this turnkey home offers both luxury and outstanding investment potential. One of the few residences in the area with no rental restrictions, allowing short-term rentals, long-term rentals, seasonal use, or full-time owner occupancy with complete flexibility. Ideally located in Miami Worldcenter, this residence is perfect for investors and end users alike. Features include floor-to-ceiling impact glass, a private balcony, Italian cabinetry, premium appliances, and designer furniture included in the sale. Residents enjoy access to more than 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, co-working spaces, chef's kitchen, and much more. Easy to show.

Facts & features

Interior

Living area (sq ft)
597
Full bathrooms
2
  • Elevator
  • Other
  • Den/Library/Office

Building & exterior

Year built
2025
  • Other View
  • Other
  • Barbeque
  • Courtyard
  • Valet

HOA (homeowners association)

Association fee
$892 per month
Pets allowed
Yes
  • Barbecue
  • Business Center
  • Clubhouse-Clubroom
  • Community Room
  • Exercise Room
  • Other
  • Pool
  • Other Restrictions

Taxes

Annual tax
$0
Tax year
2025
Parcel number
01-41-01-008-1360

Listing

MLS number
A12049623
Property type
Condominium
Price per SqFt
$1,104
Subdivision
501 First Residences
On market since
Jul 7, 2026
Days on market
57

Estimated monthly cost

$4,719 per month

Principal & interest (30 yr)
$3,332
Property tax
$0
Insurance (estimated)
$494
Association fee
$892

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

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Nearby schools

  • New World School of the Arts Public · 9-12 · 0.22 mi
  • School For Advanced Studies Wolfson Public · 11-12 · 0.22 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 · 0.67 mi
  • Anna Brenner Meyers Telecommunication Complex Public · 0 · 0.69 mi
  • K-12 Distance Learning Public · K-12 · 0.69 mi
  • Frederick Douglass Elementary Public · PK-5 · 0.69 mi
  • Miami-Dade Online Academy Public · K-12 · 0.73 mi
  • iPrep Academy Public · PK-12 · 0.74 mi
  • Primary Learning Center Public · PK-4 · 0.74 mi
  • School Board Adm -Garage Public · 0 · 0.76 mi
  • Chapman Partnership Early Childhood Center North Public · PK · 0.76 mi
  • Key Point Academy Downtown Private · PK-12 · 0.77 mi

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