Condominium
121 NE 5th St # 3704
121 NE 5th St # 3704, Miami FL 33132 Get directions
$500,000
0 Beds · 1 Bath · 402 SqFt
See estimated monthly costThis listing is courtesy of One World Properties. Peggy Olin
Overview
BRAND NEW CONSTRUCTION! DEVELOPER UNIT! Studio / 1 Bath | 402 SF | South-Facing Exceptional opportunity to own a brand-new, fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes throughout and move-in ready, offering outstanding investment potential. One of the few residences in the area with no rental restrictions, allowing short-term rentals. Ideally located in the vibrant Miami Worldcenter district. The residence features floor-to-ceiling impact-resistant glass, a private balcony, Italian cabinetry, high-end appliances, and designer furnishings included in the sale. Residents enjoy over 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, coworking spaces, a chef's kitchen, and much more. Easy to show.
Facts & features
Interior
- Living area (sq ft)
- 402
- Full bathrooms
- 1
- Elevator
- Other
Building & exterior
- Year built
- 2025
- Other View
- Other
- Barbeque
- Courtyard
- Valet
HOA (homeowners association)
- Association fee
- $589 per month
- Pets allowed
- Yes
- Barbecue
- Business Center
- Clubhouse-Clubroom
- Community Room
- Exercise Room
- Other
- Pool
- Other Restrictions
Taxes
- Annual tax
- $0
- Tax year
- 2025
- Parcel number
- 01-41-01-008-1700
Listing
- MLS number
- A12050355
- Property type
- Condominium
- Price per SqFt
- $1,244
- Subdivision
- 501 First Residences
- On market since
- Jul 8, 2026
- Days on market
- 56
Estimated monthly cost
$3,492 per month
- Principal & interest (30 yr)
- $2,528
- Property tax
- $0
- Insurance (estimated)
- $375
- Association fee
- $589
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- New World School of the Arts
- School For Advanced Studies Wolfson
- Law Enforcement Officers Memorial Senior High
- Downtown Miami Charter School
- RJW The Academy of Arts Sciences
- School Board Adm - Main Building
- Anna Brenner Meyers Telecommunication Complex
- K-12 Distance Learning
- Frederick Douglass Elementary
- Miami-Dade Online Academy
- iPrep Academy
- Primary Learning Center
- School Board Adm -Garage
- Chapman Partnership Early Childhood Center North
- Key Point Academy Downtown
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