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121 NE 5 Street 709, Miami, FL 33132 (MLS# A12015916)

121 NE 5 Street 709, Miami, FL 33132

$409,000
Property Type: Residential Baths: 1 Square Footage: 402 Status: Active Under Contract
Current Price: $409,000 List Date: 5/08/2026 Last Modified: 6/12/2026

Overview

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.

Listing Details MLS# A12015916

General Property Information

Lease MLS ID
A11966114
Unit Floor #
7
Property Sub Type
Condominium
Bathrooms Total
Yes
Bathrooms Full
Yes
Living Area Main
402
Year Built
2026
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
40
Direction Faces
North
Furnished
Furnished

Property Features

Application Information: 1-2 Weeks Approval; Association Approval Required Association Amenities: Maintenance Association Fee Includes: Common Areas; Elevator; Legal/Accounting; Maintenance Grounds; Maintenance Structure; Pool Service; Security; Sewer; Trash; Water Dining Area: Dining/Living Room Electric: Circuit Breakers Exterior Features: Lighting Flooring: Ceramic Tile Leasing Permitted Details: Okay To Lease Parking Features: Valet Property Condition: New Construction Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer Water Heater Details: Electric Water Heater Construction Materials: Block Cooling: Central Air Association Type: Condominium Heating: Central; Electric Interior Features: Entrance Foyer Listing Terms: Cash Pets Allowed YN: No Possession: Other Security Features: Fire Alarm; Fire Sprinkler System; Security Patrol; Smoke Detector(s) Tax Information: Agricultural Exemption; New Construction Unit Description: Interior Hallway; High Rise View: Other Window Features: Blinds Showing Requirements: Showing Service Outdoor Living Spaces: Balcony; Porch Balcony Details: Balcony - Open Porch Details: Porch - Wrap Around Contingencies: 3rd Party Approval

Contract Information

Comp Sale YN
No
Original List Price
409000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
121
Street Direction Prefix
NE
Street Name
5
Street Suffix
Street
Unit Number
709
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33132
Postal Zip
33132
Subdivision Name
501 FIRST RESIDENCES
Development Name
501 FIRST RESIDENCES
Area
2410
Elementary School
Frederick Douglass
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Special Assessment YN
No
Parcel Number
0141010083110
Subdivision Number
8

Financial Information

Association YN
Yes
Association Fee
589
Association Fee Frequency
Monthly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Year
2026
Tax Legal Description
Condominium Parcel No. 709 of 501 FIRST RESIDENCES CONDOMINIUM

Status Change Information

Major Change Timestamp
2026-05-22T16:50:12Z
Major Change Type
Status Change
Status Change Date
2026-05-22
Under Contract Type
Active Under Contract
Under Contract Date
2026-05-27

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Leasing Permitted Details

Leasing Permitted YN
Yes
Okay To Lease
Yes

Leasing Restrictions

Leasing - Max Times Per Year
365
Leasing - Minimum Number of Days
Yes

Storm Protection

Impact Glass
Complete

Price Calculations

Current Price To SqFt
1017.41

Section Details

Parcel Number MLX
3110

Originating Details

Originating System Key
465622423
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Application Information

1-2 Weeks Approval
Yes
Association Approval Required
Yes

Amenities

Bike Storage
Yes
Business Center
Yes
Clubhouse
Yes
Community Room
Yes
Elevator(s)
Yes
Fitness Center
Yes
Heated Pool
Yes
Kitchen Facilities
Yes
Library
Yes
Lobby
Yes
Management
Yes
Pool
Yes
Sauna
Yes
Spa/Hot Tub
Yes
Trash Chute
Yes

Association Amenities

Maintenance
Yes

Association Fee Includes

Common Areas
Yes
Elevator
Yes
Legal/Accounting
Yes
Maintenance Grounds
Yes
Maintenance Structure
Yes
Pool Service
Yes
Security
Yes
Sewer
Yes
Trash
Yes
Water
Yes

Dining Area

Dining/Living Room
Yes

Electric

Circuit Breakers
Yes

Exterior Features

Lighting
Yes

Flooring

Ceramic Tile
Yes

Parking Features

Valet
Yes

Property Condition

New Construction
Yes

Possession

Other
Yes

View

Other
Yes

Heating

Central
Yes
Electric
Yes

Unit Description

Interior Hallway
Yes
High Rise
Yes

Window Features

Blinds
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Range
Yes
Ice Maker
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Block
Yes

Interior Features

Entrance Foyer
Yes

Listing Terms

Cash
Yes

Security Features

Fire Alarm
Yes
Fire Sprinkler System
Yes
Security Patrol
Yes
Smoke Detector(s)
Yes

Water Heater Details

Electric Water Heater
Yes

Cooling

Central Air
Yes
Electric
Yes

Association Type

Condominium
Yes

Showing Requirements

Showing Service
Yes

Master Bedroom/Bath

Bedroom On Entry Level
Yes

Pets Allowed YN

No
Yes

Tax Information

Agricultural Exemption
Yes
New Construction
Yes

Outdoor Living Spaces

Balcony
Yes
Porch
Yes

Balcony Details

Balcony - Open
Yes

Porch Details

Porch - Wrap Around
Yes

Contingencies

3rd Party Approval
Yes
Listing Office: Cervera Real Estate Inc.
IDX
Last Updated: June - 12 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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