121 NE 5 Street 709, Miami, FL 33132
$379,000
Property Type:
Residential
Baths:
1
Square Footage:
359
Status:
Active
Current Price:
$379,000
List Date:
7/27/2026
Last Modified:
10/16/2026
Overview
Description
...
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DRASTICALLY REDUCED FOR QUICK SALE! 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.
Listing Details MLS# A12015916
General Property Information
- Lease MLS ID
- A11966114
- Unit Floor #
- 7
- Property Sub Type
- Condominium
- Bathrooms Total
- Yes
- Bathrooms Full
- Yes
- Living Area Main
- 359
- Year Built
- 2026
- Senior Community YN
- No
- Outdoor Living Spaces YN
- Yes
- Stories Total
- 40
- Direction Faces
- North
- Furnished
- Furnished
Property Features
Application Information:
1-2 Weeks Approval; Association Approval Required
Association Amenities:
Maintenance
Association Fee Includes:
Common Areas; Elevator; Legal/Accounting; Maintenance Grounds; Maintenance Structure; Pool Service; Security; Sewer; Trash; Water
Dining Area:
Dining/Living Room
Electric:
Circuit Breakers
Exterior Features:
Lighting
Flooring:
Ceramic Tile
Leasing Permitted Details:
Okay To Lease
Parking Features:
Valet
Property Condition:
New Construction
Appliances:
Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer
Water Heater Details:
Electric Water Heater
Construction Materials:
Block
Cooling:
Central Air
Association Type:
Condominium
Heating:
Central; Electric
Interior Features:
Entrance Foyer
Listing Terms:
Cash
Pets Allowed YN:
No
Possession:
Other
Security Features:
Fire Alarm; Fire Sprinkler System; Security Patrol; Smoke Detector(s)
Tax Information:
Agricultural Exemption; New Construction
Unit Description:
Interior Hallway; High Rise
View:
Other
Window Features:
Blinds
Showing Requirements:
Showing Service
Outdoor Living Spaces:
Balcony; Porch
Balcony Details:
Balcony - Open
Porch Details:
Porch - Wrap Around
Contract Information
- Comp Sale YN
- No
- Original List Price
- 409000
- Occupant Type
- Call Listing Agent
Location and Legal
- Country
- United States
- County Or Parish
- Miami-Dade
- County Parish Name
- Miami-Dade
- Street Number
- 121
- Street Direction Prefix
- NE
- Street Name
- 5
- Street Suffix
- Street
- Unit Number
- 709
- City Name
- Miami
- Municipal Code
- Yes
- State Or Province
- FL
- Postal Code
- 33132
- Postal Zip
- 33132
- Subdivision Name
- 501 FIRST RESIDENCES
- Development Name
- 501 FIRST RESIDENCES
- Area
- 2410
- Elementary School
- Frederick Douglass
- Middle Or Junior School
- Jose De Diego
- High School
- Booker T. Washington
- Special Assessment YN
- No
- Parcel Number
- 0141010083110
- Subdivision Number
- 8
Financial Information
- Association YN
- Yes
- Association Fee
- 589
- Association Fee Frequency
- Monthly
- Application Required YN
- Yes
- Estimated Monthly Assoc Recurring Fee
- 589
- Membership Fee Required YN
- No
- Tax Year
- 2026
- Tax Legal Description
- Condominium Parcel No. 709 of 501 FIRST RESIDENCES CONDOMINIUM
Status Change Information
- Major Change Timestamp
- 2026-10-08T16:14:53Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-10-08T16:14:53Z
- Status Change Date
- 2026-07-27
More Information
Application Fee Details
- Application Fee Required
- Yes
- Application Fee
- 100
Leasing Permitted Details
- Leasing Permitted YN
- Yes
Leasing Restrictions
- Leasing - Max Times Per Year
- 365
- Leasing - Minimum Number of Days
- Yes
Storm Protection
- Impact Glass
- Complete
Price Calculations
- Current Price To SqFt
- 1055.71
Section Details
- Parcel Number MLX
- 3110
Originating Details
- Originating System Key
- 465622423
- Originating System ID
- M00000151
Listing Office:
Cervera Real Estate Inc.

Last Updated: October - 16 - 2026
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