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121 NE 5 St 709, Miami FL 33132
121 NE 5 St 709, Miami FL 33132
Florida>Miami>Miami Central Business District

121 NE 5 St 709Miami, FL 33132

For Sale

$345,000

Smart Buyer Rebate $3,450

DRASTICALLY REDUCED FOR QUICK SALE! UNIT RENTED UNITL MAY 19, 2027 @ 2,100- BYER HAS TO RESPECT CURRENT LEASE. 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.

Listed by Patricio Orloff

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License #0628501

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Cervera Real Estate Inc.

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7865482728

Last updated October 31, 2026

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Source: SEF #A12015916

Listing Facts

  • TypeCondo
  • NeighborhoodMiami Central Business District
  • Bathrooms1
  • Days on Prevu176
  • HOA/Maint. Fees$589/month
  • Size359 sqft
  • Price per sqft$961

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Air Conditioning
  • Parking
  • Swimming Pool
  • Fitness Center

Location

Mortgage Calculator

Listing History

10/26/2026
Price Decreased
$345,000
10/09/2026
Price Decreased
$379,000
05/08/2026
Listed by Cervera Real Estate Inc.
$390,000
  1. 10/26/2026$345,000
    Price Decreased
  2. 10/09/2026$379,000
    Price Decreased
  3. 05/08/2026$390,000
    Listed by Cervera Real Estate Inc.

Property Details for 121 NE 5 St 709

Association

Amenities

  • Association Amenities: Clubhouse, Fitness Center, Pool, Sauna, Spa/Hot Tub, Trash, Elevator(s), Management
  • Pets Allowed: No

Fees

  • Association Fee: $589.00 Monthly
  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Sewer, Security, Trash, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 40
  • Window Features: Blinds
  • Year Built: 2026
  • Year Built Details: New Construction
  • Architectural Style: High Rise
  • Construction Materials: Block
  • Entry Level: 7
  • Entry Location: 7
  • Exterior Features: Balcony

Features

  • Building Features: Exterior Lighting
  • Direction Faces: North
  • Patio And Porch Features: Porch, Wrap Around
  • Pool Features: Association, Heated
  • View: Other

Measurements

  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-41-01-008-3110
  • Tax Year: 2026

Interior

Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring: Ceramic Tile
  • Interior Features: Entrance Foyer, Master Downstairs

Measurements

  • Living Area: 359

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1

Other

Location

  • Subdivision Name: 501 FIRST RESIDENCES

Parking

Parking

  • Parking Features: Valet

Utilities

Equipment

  • Cooling: Central Air, Electric
  • Has Cooling: Yes
  • Heating: Central, Electric
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is bedrooms and 1 bathroom in this condo at 121 NE 5 St 709.

How does 121 NE 5 St 709 compare to other condos in Miami Central Business District?

This condo is listed 81% below the average price for condos in Miami Central Business District and has been on the market for 50 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 359 sqft.

121 NE 5 St 709 is a -bedroom, 1-bath condo for sale in Miami FL 33132. Listed on Prevu for 176 days at $345,000. This includes a recent price decrease of $34,000. This residence features 359 square feet of living space, located in Miami Central Business District. The median listing price for condos in this area is $605,000. Property amenities include private outdoor space, dishwasher, air conditioning, fitness center, parking, swimming pool, and washer/dryer. Explore more condo listings in Miami.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.