Condo in 121 NE 5 Street 709, Miami, FL 33132 for rent with MLS# A11966114

FULL PRICE OFFERS ONLY- NO SHORT TERM RENTALS-UNIT ALSO FOR SALE, TENANT NEEDS TO COOPERATE WITH SHOWINGS- List price is based on a 1 year contract, minimum must be more than 6 months. Valet-only building - residents with vehicles must contract directly with the valet provider at an additional cost separate from the rent. Be the first to live in this impeccable, fully furnished studio at the newly completed 501 First Residences. This turn-key Unit #709 offers a sophisticated urban living experience with 402 SF of interior space and a private balcony featuring city views. The residence features floor-to-ceiling windows with integrated roller shades, wood-grain flooring, and a modern European-style kitchen. The living area is tastefully appointed with a charcoal grey sofa, white pedestal dining set, and a large smart TV, while the sleeping area offers a plush platform bed and custom built-in wardrobes. Convenience is key with an in-unit stacked washer/dryer and a spa-inspired bathroom with a rain shower and stone-style tiling. Residents enjoy over 20,000 SF of resort-style amenities across the top two floors ("Verde"), including a 75-foot lap pool, hot/cold hydrotherapy baths, a rooftop movie theater, and a world-class fitness center by HOMAGE. Additional perks include a co-working lounge, pet spa, valet parking at extra cost to tenant, and a ground-floor bistro.

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Days on the market

121 NE 5 Street 709, Miami, FL 33132

Price
Price:
$2,100.00 Monthly
Original List Price:
$2,500.00
List Price per Sq Ft (Calculated, Approx.):
$5.22
Frequency:
Monthly
More Listings Same Building:
501 First Residences in 121 5 Street Miami
Lease Details
Available On:
February 16, 2026
Owner Pays:
Trash Collection, Water, Sewer
Total Move-In Cost:
$6,300.00
Property Status and Type
Listing Type:
For Rent
Status:
Active
Listing Category:
Residential Lease (Rental)
Property Type:
Condominium
Description of Last Important Update:
Back On Market
Last Major Update on:
July 28, 2026 5:19 pm
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Dining Area:
Dining/Living Room
Measures
Living Area:
402 Sqft
Property Features
View from the Property:
Bay, Other
Waterfront:
No
Private Pool
Swimming Pool Features:
In Ground
Pool Size (W × L):
0
Spa
Security:
Smoke Detector(s), Fire Sprinkler System, Key Card Entry, Closed Circuit Camera(s), Building Security, Fire Alarm, Building Security, Security Patrol, Lobby - Attended
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker
Interior:
Entrance Foyer
Exterior:
Balcony, Lighting
Patio and Porch:
Porch, Porch - Wrap Around
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Property Entrance Faces:
North
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Complete
Construction
Year Built:
2026
Roof:
Concrete
Levels:
Two
Construction Materials:
Block
Number of stories:
40
Parking
Garage Spaces:
0
Utilities
Electric:
Circuit Breakers
Community
Application Required
Application Fee:
$100.00
Application Information:
1-2 Weeks Approval, Association Approval Required
Amenities Provided by the Homeowner's Association (HOA):
Pool, Sauna, Spa/hot Tub, Security, Fitness Center, Game Room, Internet Included
Subdivision Name:
501 FIRST RESIDENCES
Senior Community:
No
Development Name:
501 FIRST RESIDENCES
Zoning and Legal
Tax Legal Description:
Condominium Parcel No. 709 of 501 FIRST RESIDENCES CONDOMINIUM
Real Estate Folio Number (Parcel Number):
0141010083110
Public Schools Assigned
Elementary School:
Frederick Douglass
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
July 28, 2026
Listing Agreement executed on:
February 16, 2026
Price change occurred on:
April 27, 2026 7:39 pm
Listing Status Last Changed On:
July 28, 2026 5:19 pm
Photos updated on:
July 28, 2026 4:24 pm
Last Modified:
August 14, 2026 3:40 pm
Additional Information
Courtesy of:
Cervera Real Estate Inc.
Attribution:
Not provided
Location
Floor Number:
7
Street Name:
5
Street Number:
121
Unit Number:
709
City:
Miami
State:
Florida
Zip Code:
33132
County:
Miami-Dade
Latitude:
N0° 0' 0''
Longitude:
E0° 0' 0''
Street Suffix:
Street
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $109,505
Median Home Value $545,100
Median Rent $2,534/mo
Median Age 34
Population 18,244

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 35 Good
🫁 PM2.5 50 Good
Ver la Propiedad Ver la propiedad 121 NE 5 Street 709, Miami, FL 33132
Association of REALTORS®
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