501 First Residences 709
Unit 709
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501 First Residences Unit 709 For Sale
$390,000
121 NE 5 Street 709 · Downtown Miami · Miami
121 NE 5 Street 709, 121 NE 5 Street 709, Downtown Miami, Miami FL 33132, photo 1 of 9121 NE 5 Street 709, 121 NE 5 Street 709, Downtown Miami, Miami FL 33132, photo 2 of 9121 NE 5 Street 709, 121 NE 5 Street 709, Downtown Miami, Miami FL 33132, photo 3 of 9121 NE 5 Street 709, 121 NE 5 Street 709, Downtown Miami, Miami FL 33132, photo 4 of 9121 NE 5 Street 709, 121 NE 5 Street 709, Downtown Miami, Miami FL 33132, photo 5 of 9121 NE 5 Street 709, 121 NE 5 Street 709, Downtown Miami, Miami FL 33132, photo 6 of 9121 NE 5 Street 709, 121 NE 5 Street 709, Downtown Miami, Miami FL 33132, photo 7 of 9121 NE 5 Street 709, 121 NE 5 Street 709, Downtown Miami, Miami FL 33132, photo 8 of 9121 NE 5 Street 709, 121 NE 5 Street 709, Downtown Miami, Miami FL 33132, photo 9 of 9
$390,000Asking Price
$970Per SqFt
0/1Beds/BathsBd/Ba
402SqFt · 37.3 m²
501 First Residences · MLS A12015916 · 53 days on Zilbert · Listed Jul 27, 2026 · 121 NE 5 Street 709, Downtown Miami, Miami FL 33132Current layoutPhotos first

Property Details

Asking Price$390,000
Price per SqFt$970
Maintenance fee$589 Monthly
Property TaxesNot yet assessed
Interior Space402 SqFt
Beds/Baths0/1
FurnishedYes
Year Built2026
MLS #A12015916

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, maintenance only; taxes not yet assessed
$589maintenance · $589 per month
Not yet assessedtaxes
$589 / monthbefore taxes, mortgage and insurance

Fees based on MLS provided figures, and may not be accurate. Property taxes are not yet assessed for this residence.

From the listing

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 Cervera Real Estate Inc.

Sales History for This Home · 501 First Residences Unit 709

Sales history is unavailable for this property

Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · I track every sale at 501 First Residences. Ask me about this home or the neighborhood.
+1 (786) 280-0201

Listed by Cervera Real Estate Inc.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.

Location

Directions

The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.