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Active - Condominium for sale

121 NE 5 ST # 709, Miami FL 33132

1 bth|359 sqft

Facts & features

Condominium Property type
189 days on Beycome
2026 Year built
$961 Price/Sqft.
$589/mo HOA

Why you’ll love it

DRASTICALLY REDUCED FOR QUICK SALE! UNIT RENTED UNITL MAY 19, 2027 @ 2,100- BUYER 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.

Translating description...

Listings courtesy of Cervera Real Estate Inc..

Listed by: Patricio Orloff • 786-548-2728 • Cervera Real Estate Inc.

Co-listed by: Cervera Real Estate Inc.

Source: Miami MLS, MLS#: A12015916 Miami MLS logo

Based on info available as of Nov 12, 2026 at 7:10 PM EST.

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Affordability

$225,000$465,000
1%20%
0%90%
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Estimated monthly payment

$2,334/mo

  • Mortgage$1,745
  • Property tax$0
  • HOA fee
  • Homeowners insurance
Due at closing$274,275
Down payment held in escrow$69,000
Closing costs$5,175
beycome credit Est.$6,900

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About 501 First Residences

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. 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 seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 12, 2026 at 07:10pm EST.

$345,000 Listed price

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$6,900 Credit back

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