Condo in 121 NE 5 St 709 Miami for sale with MLS# A12015916

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.

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Days on the market

121 NE 5 St 709, Miami, FL 33132

Price
Price:
$409,000.00
Original List Price:
$409,000.00
More Listings Same Building:
501 First Residences in 121 5 Street Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
3rd Party Approval
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A12015916
Description of Last Important Update:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Last Major Update on:
May 22, 2026 12:50 pm
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Measures
Living Area:
402 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Other
Waterfront:
No
Swimming Pool Features:
Heated, Association
Security:
Smoke Detector(s), Fire Sprinkler System, Security Guard
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker
Interior:
Bedroom On Main Level, Entrance Foyer, Living Dining Room
Exterior:
Balcony, Porch, Security High Impact Doors
Patio and Porch:
Balcony, Open, Wrap Around
Windows:
Blinds, Impact Glass, Impact glass, Impact Glass
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Building:
Exterior Lighting
Property Entrance Faces:
North
Storm Protection:
Complete Impact Glass
Construction
Year Built:
2026
Year Built Details:
New Construction
Architectural Style:
High Rise, High Rise
Entry Level (floor):
7
Entry Level Location:
7
Construction Materials:
Block
Flooring:
Ceramic Tile
Number of stories:
40
Taxes and Expenses
Tax Annual Amount:
$0.00
Tax Year:
2026
Association Fee:
$589.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects Agriculture Exemption, New Construction
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Valet
Community
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Library, Pool, Sauna, Spa/hot Tub, Bike Storage, Trash, Clubhouse, Elevator(s), Fitness Center, Community Kitchen
Subdivision Name:
501 FIRST RESIDENCES
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Security, Maintenance Structure, Common Areas, Association Management, Amenities, Pools, Legal Accounting
Complex Name:
501 FIRST RESIDENCES
Senior Community:
No
Development Name:
501 FIRST RESIDENCES
Restrictions:
Okay to Lease
Terms
Listing Terms Considered by Seller:
Cash
Occupant Type:
Call Agent
Buyer Possession:
Other
Lease Considered
Zoning and Legal
Tax Legal Description:
Condominium Parcel No. 709 of 501 FIRST RESIDENCES CONDOMINIUM
Real Estate Folio Number (Parcel Number):
01-41-01-008-3110
Listing History
Originally published on:
May 8, 2026 5:48 pm
Active on the market since:
May 8, 2026
Price change occurred on:
May 8, 2026 5:48 pm
Listing Status Last Changed On:
May 22, 2026 12:50 pm
Photos updated on:
May 8, 2026 10:00 pm
Last Modified:
May 31, 2026 6:02 pm
Additional Information
Unit View:
Other View
Housing Older Persons Act:
No HOPA
Unit Design:
High-Rise, Interior Hall, Lobby
Type of Association:
Condo
For Lease Mlsnumber:
A11966114
Minimum Number of Days per Lease:
1
Type of Governing Bodies of the Association:
Condominium
Number of Times Leased per Year:
365
Application Fee:
$100.00
Style:
Condo-Hotel
Municipal Code:
1
Subdivision Number:
8
Courtesy of:
Cervera Real Estate Inc.
Attribution:
Not provided
Location
Street Name:
5 ST
Street Number:
121
Unit Number:
709
City:
Miami
State:
Florida
Zip Code:
33132
County:
Miami-Dade
Latitude:
N25° 46' 45.7''
Longitude:
W81° 48' 29.9''
Street Direction Prefix:
NE
Property Map

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) 40 Good
☀️ O3 30 Good
🫁 PM2.5 40 Good

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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.