121 NE 5th St, Unit 706

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Experience elevated downtown living in this brand-new 1-bedroom, 1-bathroom residence at 501 First Ave, perfectly positioned in the heart of Downtown Miami. Designed for those who value style, comfort, and convenience, this new construction offers a modern layout with refined finishes and an effortless urban flow—ideal for professionals, creatives, and city lovers. Residents enjoy a resort-style lifestyle with 24/7 valet service and an elegant porte-cochère, a beautifully designed residential lobby...Experience elevated downtown living in this brand-new 1-bedroom, 1-bathroom residence at 501 First Ave, perfectly positioned in the heart of Downtown Miami. Designed for those who value style, comfort, and convenience, this new construction offers a modern layout with refined finishes and an effortless urban flow—ideal for professionals, creatives, and city lovers. Residents enjoy a resort-style lifestyle with 24/7 valet service and an elegant porte-cochère, a beautifully designed residential lobby with mid-century modern inspiration, and a vibrant ground-floor bistro and bar by GPG Hospitality. The building features over 20,000 SF of indoor and outdoor amenities. Unwind at the 75-foot lap pool, recharge in the state-of-the-art fitness center designed by HOMAGE Fitness with yoga and meditation spaces, private training rooms, and a sunrise terrace. Work seamlessly from expansive co-working spaces and conference rooms, entertain in the private club and chef’s kitchen, or relax in the media room and greenhouse urban oasis. Additional conveniences include a pet lounge, secure air-conditioned bicycle storage, contactless package delivery, and exclusive private art and music events—creating a true sense of community. This is more than a residence—it’s a lifestyle in one of Miami’s most dynamic neighborhoods. Flexible lease terms available.
  1. Listed by Riad Fayad • Sigma Real Estate & Investment • rfayad@riadfayad.com

Property Details for 121 Northeast 5th Street, Unit 706

Style
Condo/Co-Op/Annual
Waterfront
No
Furnished
Furnished
Area
20
Num Stories
40
LISTING UPDATED: 02/03/2026 01:00 PM

Property Details for 121 Northeast 5th Street, Unit 706

StatusActive
MLS #A11957843
Days on Market1
Rental Incentives-
Available Date02/03/2026
Lease TermLease Length: 1 Year With Renewal Option
FurnishedFully Furnished
Compass TypeRental
MLS TypeResidential Rental / Condo
Year Built-
Lot Size-
CountyMiami-Dade County

Location

Listing Courtesy of Sigma Real Estate & Investment
Add your commute

Building Information for 121 Northeast 5th Street, Unit 706

Building/Complex121 Ne 5th StFloor7Stories-Residences-Pet Policy-Pet Policy Details-Year Built-Lot Size-

Property Information for 121 Northeast 5th Street, Unit 706

Location Information
Location Information
  • Parcel Number MLX: 01
  • MLS Area: 20
  • Municipal Code: 41
  • Section: 10
  • Unit Floor Location: 7
General Information
Parking
  • Num Garage Spaces: 1
  • Parking Description: Not Assigned, Valet Parking
General Information
  • Housing Older Persons Act: No HOPA
  • Pool: Yes
Additional Property Information
Utilities
  • Cable Available: Yes
Additional Property Information
  • Pets Allowed: No
  • Pets Allowed: No
  • Guest Accommodations: No
  • Furnished: Furnished
Rental Information
Rent Information
  • Move In Dollars: $11,100
  • Approval Information: 1-2 Weeks Approval
Rent Status
  • Other Fees: $150
  • Rent Period: Year

Property History for 121 Northeast 5th Street, Unit 706

DateEvent & SourcePriceAppreciation
Feb 3, 2026

Listed (Active)

MiamiRE #A11957843

$3,700
DateEvent & SourcePrice
02/03/2026

Listed (Active)

MiamiRE #A11957843

$3,700

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 121 Northeast 5th Street, Unit 706

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Frederick R. Douglass Elementary School
PublicPK to 5

Jose De Diego Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

121 Northeast 5th Street, Unit 706 is available for rent in Miami, FL 33132. This property was listed on February 3, 2026 by Sigma Real Estate & Investment, it's currently listed at $3,700. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Frederick R. Douglass Elementary School, Air Base K-8 Center for International Education and Jose De Diego Middle School. 121 Northeast 5th Street, Unit 706 is a 1-bed, 1-bath, a property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the owner. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sigma Real Estate & Investment

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.