Condo in 121 NE 5 Street 3507, Miami, FL 33132 for rent with MLS# A11991689

Live in the heart of vibrant Downtown Miami in this brand-new, fully furnished studio at 501 First Residences. This modern retreat features floor-to-ceiling glass walls, a private balcony with stunning city views, sleek Italian cabinetry, premium Smeg appliances, and high-end finishes by Shim Projects. Every detail is designed for effortless urban living. Enjoy an unmatched resort-style lifestyle with over 20,000 sq ft of premium amenities, including a breathtaking rooftop pool with a 75-foot resort-style lap pool and hot hydrotherapy bath, dedicated sunrise and sunset decks perfect for relaxing with panoramic views, a state-of-the-art fitness center designed by HOMAGE Fitness (with yoga/meditation area and private training rooms), and a sophisticated lounge room featuring a private club suite, chef's kitchen, media room, and lush greenhouse oasis. This 40-story tower offers smart community features and a prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, and minutes from Brickell, the Design District, and South Beach. Move-in ready and move-in fabulous - experience Downtown Miami living at its finest. Don't miss your chance to call 501 First home!

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Days on the market

121 NE 5 Street 3507, Miami, FL 33132

Price
Price:
$2,500.00 Monthly
Original List Price:
$3,000.00
List Price per Sq Ft (Calculated, Approx.):
$5.64
Frequency:
Monthly
More Listings Same Building:
501 First Residences in 121 5 Street Miami
Lease Details
Available On:
March 30, 2026
Owner Pays:
Trash Collection, Water, Sewer
Total Move-In Cost:
$9,000.00
Property Status and Type
Listing Type:
For Rent
Status:
Active
Listing Category:
Residential Lease (Rental)
Property Type:
Condominium
Description of Last Important Update:
Price Reduced
Last Major Update on:
July 8, 2026 8:34 pm
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Measures
Living Area:
443 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, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker
Interior:
Entrance Foyer
Exterior:
Balcony, Lighting
Patio and Porch:
Porch, Porch - Wrap Around
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
Flooring:
Tile
Number of stories:
40
Parking
Garage Spaces:
0
Parking Features:
Valet
Utilities
Electric:
Circuit Breakers
Utilities Available:
Sewer Available
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, Clubhouse, Security, Fitness Center, Game Room, Internet Included
Subdivision Name:
501 FIRST RESIDENCES
Senior Community:
No
Development Name:
501 DOWNTOWN
Zoning and Legal
Tax Legal Description:
501 FIRST RESIDENCES CONDOMINIUM UNIT # 3507
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:
March 30, 2026
Listing Agreement executed on:
March 30, 2026
Price change occurred on:
July 8, 2026 8:34 pm
Listing Status Last Changed On:
March 30, 2026 4:00 am
Photos updated on:
July 8, 2026 7:37 pm
Last Modified:
August 14, 2026 3:40 pm
Additional Information
Courtesy of:
Cervera Real Estate Inc.
Attribution:
Not provided
Location
Floor Number:
35
Street Name:
5
Street Number:
121
Unit Number:
3507
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 3507, Miami, FL 33132
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.