Description

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.

Address

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Address: 5 ST
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33132
Area: 501 First Residences

Details

Updated on May 9, 2026 at 4:19 am

Property ID A12015916
Price $409,000
Property Size 402 Square Feet
Bedroom 0
Bathroom 1
Garage 0
Year Built 2026
Type Condominium
Property Status Residential

Additional details

ArchitecturalStyle High Rise
AssociationAmenities 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
AssociationFee 589
AssociationFeeFrequency Monthly
BathroomsFull 1
BathroomsHalf 0
BuildingAreaUnits Square Feet
BuildingName 501 FIRST RESIDENCES
CarportSpaces 0
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-05-08
Cooling Central Air, Electric
CoveredSpaces 0
DaysOnMarket 1
DirectionFaces North
DoorFeatures High Impact Doors
Electric Circuit Breakers
EntryLevel 7
EntryLocation Foyer
ExpirationDate 2026-11-05
Flooring Ceramic Floor
Furnished Furnished
Heating Central, Electric
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-548-2728
ListingTerms Cash
LotSizeSquareFeet 0
MLSAreaMajor 501 First Residences
MajorChangeTimestamp May 8, 2026 at 09:48pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp May 9, 2026 at 03:02am
OnMarketDate 2026-05-08
OriginalEntryTimestamp May 8, 2026 at 09:48pm
OriginalListPrice 409000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-41-01-008-3110
ParkingFeatures Valet
PatioAndPorchFeatures Open Balcony, Wrap Around
PetsAllowed No
PhotosChangeTimestamp May 8, 2026 at 09:53pm
PhotosCount 9
Possession Other
PostalCode 33132
PriceChangeTimestamp May 8, 2026 at 09:48pm
PropertyCondition New Construction
PublicSurveyRange 41
PublicSurveySection 1
PublicSurveyTownship 41
RoomsTotal 0
SecurityFeatures Fire Sprinklers, Fire Alarm, Smoke Detector, Security Patrol
ShowingInstructions See Broker Remarks, Showing Assist
SourceSystemKey 465622423
StateOrProvince FL
StatusChangeTimestamp May 8, 2026 at 09:48pm
StoriesTotal 40
StreetDirPrefix NE
StreetName 5 ST
StreetNumber 121
StreetNumberNumeric 121
StructureType Condo-Hotel, Condo
SyndicationRemarks 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.
TaxAnnualAmount 0
TaxLegalDescription Condominium Parcel No. 709 of 501 FIRST RESIDENCES CONDOMINIUM
TaxYear 2026
UnitNumber 709
View Other View
WindowFeatures Complete Impact Glass, Blinds, Impact Glass
YearBuiltDetails New Construction