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$2,500 Just Listed
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Property Description
No short term. List price is based on a 1 year contract, minimum must be more than 6 months. Valet-only building - residents with vehicles must contract directly with the valet provider at an additional cost separate from the rent. Be the first to live in this impeccable, fully furnished studio at the newly completed 501 First Residences. This turn-key Unit #709 offers a sophisticated urban living experience with 402 SF of interior space and a private balcony featuring city views. The residence features floor-to-ceiling windows with integrated roller shades, wood-grain flooring, and a modern European-style kitchen. The living area is tastefully appointed with a charcoal grey sofa, white pedestal dining set, and a large smart TV, while the sleeping area offers a plush platform bed and custom built-in wardrobes. Convenience is key with an in-unit stacked washer/dryer and a spa-inspired bathroom with a rain shower and stone-style tiling. Residents enjoy over 20,000 SF of resort-style amenities across the top two floors ("Verde"), including a 75-foot lap pool, hot/cold hydrotherapy baths, a rooftop movie theater, and a world-class fitness center by HOMAGE. Additional perks include a co-working lounge, pet spa, valet parking at extra cost to tenant, and a ground-floor bistro. Perfectly located in Downtown Miami, just steps from the Kaseya Center, Miami Worldcenter, and the Brightline. Association requires common area deposit equal to one month's rent.
Full Property Details
Full Property Details for 121 NE 5th St #709
General
- Rent: $2,500
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11966114
- Updated: 2/16/2026
- Added to Site: 5 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months, Short Term Lease
Interior
- Interior Features: Fire Sprinklers, Entrance Foyer
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: Entry Level
Other Rooms
- Dining Room: Dining/Living Room
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: In Ground, Community, Hot Tub
- Spa: Yes
- Spa Description: Community
- Security/Safety: Fire Sprinklers, Fire Alarm, Smoke Detector, Key Card Entry, Building Security, Lobby Attended, Security Patrol, TV Monitor
Exterior
- Exterior Features: Lighting, Open Balcony
- Deck/Patio: Open Balcony, Wrap Around
Location
- Area: 501 First Residences
- County: Miami-Dade County
- Subdivision: 501 FIRST RESIDENCES
- Building Name: 501 FIRST RESIDENCES
- Direction Faces: North
Community
- Community Name: 501 First Residences
- Gated community: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo/Co-Op/Annual, Condo
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Concrete
- Windows: Complete Impact Glass, Blinds, Impact Glass
- Doors: High Impact Doors
- Entry Floor Number: 7
- Entry Location: Foyer
- Stories/Levels: 40
- Square Feet: 402
- Living Area: 402 Sq. Ft.
- Year Built: 2026
- Property Condition: New Construction
Lot Features
- Property View: Bay, Other
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $6.22
Disclosures and Reports
- Legal Description: Condominium Parcel No. 709 of 501 FIRST RESIDENCES CONDOMINIUM
Listed by Cervera Real Estate Inc.
Schools
Schools serving 121 NE 5th St #709
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frederick R. Douglass Elementary School 314 Northwest 12th Street, Miami, FL 33136 | PK-5 | 0.7 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price History for 121 NE 5th St #709
Date
Details
Price
Change
Source
2/16/2026
Listed
$2,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
121 NE 5 St #709, Miami, FL 33132 (MLS# A11966114) is a Condo property with 0 bedrooms and 1 full bathroom. 121 NE 5 St #709 is currently listed for rent at $2,500 and was received on February 16, 2026. Want to learn more about 121 NE 5 St #709? Do you have questions about finding other real estate for sale or rent in Miami? You can browse all Miami rentals or contact a Coldwell Banker agent to request more information.

