121 NE 5 ST # 709, Miami, FL 33132

About 121 NE 5 ST # 709, Miami, FL 33132

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.

How This Listing Compares in Miami

Per square foot, it is asking 166% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 121 NE 5 ST # 709, Miami, FL 33132

Bathrooms Full

1

Bathrooms Half

0

Interior Features

Interior Hall, Lobby, Fire Sprinklers, Entrance Foyer

Appliances

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

Flooring

Ceramic Floor

Heating

Central, Electric

Cooling

Central Air, Electric

Furnished

Furnished

Architectural Style

High Rise

Garage Spaces

0

Parking Features

Valet

Pool Private

No

Year Built Details

New Construction

Property Condition

New Construction

Direction Faces

North

The Building at 121 NE 5 ST # 709, Miami, FL 33132

Building Name

501 FIRST RESIDENCES

Building Area Units

Square Feet

Stories Total

40

Entry Level

7

Association

Yes

Association Fee

$589

Association Fee Frequency

Monthly

Association Amenities

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

Pets Allowed

No

Security Features

Fire Sprinklers, Fire Alarm, Smoke Detector, Security Patrol

Lot, Views & Construction at 121 NE 5 ST # 709, Miami, FL 33132

Lot Size Square Feet

0

Waterfront

No

View

Other View

Construction Materials

Concrete Block Construction

Exterior Features

Open Balcony

New Construction

Yes

Taxes & Public Record for 121 NE 5 ST # 709, Miami, FL 33132

Parcel Number

01-41-01-008-3110

Tax Annual Amount

0

Tax Year

2,026

Tax Legal Description

Condominium Parcel No. 709 of 501 FIRST RESIDENCES CONDOMINIUM

County Or Parish

Miami-Dade County

Map & Neighborhood