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121 Northeast 5th Street stands out as a highly rated property with exceptional marks for value, amenities, location, and quality, along with strong trustworthiness and a competitive price. It also offers practical and lifestyle-friendly features such as floor-to-ceiling windows, valet and free parking, a smoke-free setting, a fully equipped kitchen, and an in-unit washer and dryer, plus appeal for work-from-home, social life, and fitness or wellness.
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Wellness
Work-from-home
Social life| Studio | Studio | 1 bath | 376 sqft | $2,444 /mo | The advertised rate of $2,444/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 25, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this brand-new studio apartment located on the 40th floor of the 501 First Residences, a 40-story tower in the heart of Miami Worldcenter, Downtown Miami. This unit offers floor-to-ceiling windows with stunning city and bay views. This studio features a comfortable queen bed and a sofa bed in an open and functional space, along with a modern and practical full bathroom. The kitchenette is equipped with everything you need to prepare simple meals. Enjoy natural light and city views from the large windows and a private balcony. Valet parking is available in the building with hourly and daily rates. Wi-Fi is included at no extra charge. In-unit washer and dryer are provided. A key fob is included for common area access. Situated in Miami Worldcenter, the largest open-air shopping and entertainment district in Florida, this apartment is in the center of Downtown Miami. You'll be surrounded by restaurants, art, culture, and nightlife, all within walking distance. Key attractions like the Freedom Tower, Museum of Art and Design, Pérez Art Museum Miami (PAMM), Phillip and Patricia Frost Museum of Science, HistoryMiami Museum, and the Museum of Ice Cream are just a few minutes' walk away. Entertainment options include the Kaseya Center and Bayside Marketplace, both a 10-minute walk. Public transportation is easily accessible with the free Metromover and Brightline within minutes. The building is 100% smoke-free in units, balconies, and all common areas. A $300 fine applies if violated. Pets are not allowed. Events are not allowed. Reservations must be made by a person 21 years of age or older, and the reservation holder's presence is required throughout the entire stay. Standard check-in is at 4:00 PM, and check-out is at 11:00 AM. A late check-out until 12:00 PM can be arranged for an additional $50, subject to availability and if no other guests are arriving on the departure day. Failing to meet the checkout time may incur an extra night charge. The property does not provide washcloths. Any damages will result in additional charges. Please respect quiet hours and avoid loud noises as this is a residential building. Garbage accumulation is not allowed; please use designated trash containers. Cardboard or bulky items should not be put down the chute. Lost fobs incur a $100 charge. This apartment is remote work-friendly, offering fast Wi-Fi and a co-working lounge with private offices available on a first-come, first-served basis. The building also features a covered co-working lounge on the rooftop. All guests must be registered by providing full names and IDs, which must be presented at the front desk during check-in. | ||
| 1 bed | 1 bed | 1 bath | 559 sqft | $2,665 /mo | The advertised rate of $2,665/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 16, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this brand-new 1-bedroom apartment located on the 40th floor of 501 First Residences at Miami Worldcenter, offering panoramic skyline views. This luxury condominium features floor-to-ceiling windows, a modern European-style kitchen with a full-size refrigerator, oven, cooktop, microwave, dishwasher, and coffee maker, along with cookware and dishes. Enjoy the convenience of an in-unit washer and dryer and fast Wi-Fi. One free parking space is included, located 0.2 miles from the building. Valet parking is available in the building for an additional charge, with hourly rates ranging from $15 to $50 for 24 hours. Situated in the heart of Downtown Miami at Miami Worldcenter, one of Florida's largest open-air shopping and entertainment districts, this apartment is steps from Kaseya Center, Bayside Marketplace, museums, and the free Metromover. Explore numerous restaurants, art, culture, and nightlife within walking distance, including the Museum of Ice Cream, MOAD, Freedom Tower, and Bayfront Park. The building is 100% smoke-free in units, balconies, and all common areas. A $300 fine applies if the smoking policy is violated. Pets are not allowed. Events are not allowed. Reservations must be made by a 21-year-old person, and the reservation holder's presence is required throughout the entire stay. All guests must be registered with full names and IDs, and present ID at the front desk during check-in. A $100 charge applies for a lost fob. Quiet hours are observed, and loud noises should be avoided. Garbage accumulation is not allowed; use designated trash containers and break down cardboard boxes for the recycling bin. Standard check-in is at 4:00 PM, and check-out is at 11:00 AM. A late check-out until 12:00 PM may be arranged for an additional $50, subject to availability. Failing to meet the check-out time may incur an extra night charge. Washcloths are not provided. Any damages to objects and equipment will result in additional charges. The building offers co-working lounges with private offices on the 38th floor and a covered co-working lounge on the 40th-floor rooftop, providing weather-protected outdoor workspace. The building features two full amenity floors with a 75ft resort pool, hot tub, cold plunge, a fitness center, co-working lounges, and a rooftop cinema. | ||
| 2 bed | 2 bed | 2 bath | 925 sqft | $4,325 /mo | The advertised rate of $4,325/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 27, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this brand-new, high-floor 2-bedroom apartment at 501 First Residences, a 40-story tower in the heart of Miami Worldcenter. This luxury condominium offers stunning views of the Miami skyline. This apartment features floor-to-ceiling windows, a modern European-style kitchen with a full-size refrigerator, oven, cooktop, microwave, dishwasher, coffee maker, cookware, and dishes. Enjoy the convenience of an in-unit washer and dryer, and fast Wi-Fi. Valet parking is available for an additional charge: 1 hour for $15, 2 hours for $20, 3 hours for $30, 10 hours for $40, and 24 hours for $50. Self-parking is not available. Located at Miami Worldcenter, Florida's largest open-air shopping and entertainment district, this apartment is in the center of Downtown Miami. You'll be surrounded by restaurants, art, culture, and nightlife, all within walking distance. Explore nearby attractions like the Freedom Tower (4 min walk), Museum of Art and Design (3 min walk), Pérez Art Museum Miami (12 min walk), and Phillip and Patricia Frost Museum of Science (14 min walk). Entertainment options include Maple & Ash, Earls Kitchen + Bar, and Kaseya Center (10 min walk). Bayfront Park is an 8-minute walk away, and Brickell is a short Metromover ride. The building is 100% smoke-free in units, balconies, and all common areas. A $300 fine applies if violated. Pets are not allowed. Events are not allowed. Reservations must be made by a 21-year-old person, and the reservation holder's presence is required throughout the entire stay. A charge of $100 applies for a lost fob. Standard check-in is at 4:00 PM, and check-out is at 11:00 AM. A late check-out until 12:00 PM may be arranged for an additional $50, subject to availability. Failing to meet the checkout time may incur an extra night charge. Washcloths are not provided. Any damages will result in additional charges. This apartment is equipped with fast Wi-Fi and a co-working lounge with two small private offices, available on a first-come, first-served basis. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Balcony |
| Central Heat | Fire Detector |
| Fully Equipped Kitchen | Furnished |
| Hanger | Linen Towel |
| Private Entrance | Private Terrace |
| Shampoo | Toaster |
| TV | View |
Appliances
| Blender | Coffee Machine |
| Dishwasher | Hair Dryer |
| In-Unit Laundry | Iron |
| Microwave | Oven |
| Refrigerator | Stove |
Tech
| Cable TV | WiFi |
Building
| Business Center | Elevator |
| Fitness Center | Gym |
| Office Space | Residents Lounge |
| Roof Deck | Rooftop |
| Shared Swimming Pool | Smoke Detector |
Grounds
| Barbecue | Courtyard |
| Fire Pit | Garden |
| Grills/Firepits/BBQ | Jacuzzi |
| Outdoor Entertainment Area | Outdoor Shared Pool |
| Outdoor Space | Shared Garden |
| Swimming Pool |
Services
| Door Attendant |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Lease terms | 1–12 months |
|---|
We offer custom pricing for any duration. Rates may vary upon exact move in and move out dates. Please visit our website and enter your dates of stay to see up-to-date pricing for your specific booking.
How 121 Northeast 5th Street compares to other nearby properties.
Positives
Studio apartments at 121 Northeast 5th Street cost about 8% less than the average rent price for studios in Downtown Miami.
1-bedroom apartments here are priced 12% lower than 1-bedrooms in Downtown Miami.
If you decide to upgrade your space, you can expect 2-bedrooms at 121 Northeast 5th Street to be 5% more than the average for similarly sized apartments in Downtown Miami.
| Month | Median Rent |
|---|---|
| August 2024 | $2,175 |
| September 2024 | $2,175 |
| October 2024 | $2,112 |
| November 2024 | $2,253 |
| December 2024 | $2,265 |
| January 2025 | $2,125 |
| February 2025 | $2,000 |
| March 2025 | $2,033 |
| April 2025 | $2,037 |
| May 2025 | $2,126 |
| June 2025 | $2,193 |
| July 2025 | $2,158 |
| August 2025 | $2,140 |
| September 2025 | $2,121 |
| October 2025 | $2,099 |
| November 2025 | $2,104 |
| December 2025 | $2,052 |
| January 2026 | $2,013 |
| February 2026 | $2,006 |
| March 2026 | $2,077 |
| April 2026 | $2,183 |
| May 2026 | $2,202 |
| June 2026 | $2,207 |
| July 2026 | $2,267 |
| August 2026 | $2,230 |
| Month | Median Rent |
|---|---|
| August 2024 | $2,674 |
| September 2024 | $2,720 |
| October 2024 | $2,700 |
| November 2024 | $2,725 |
| December 2024 | $2,443 |
| January 2025 | $2,378 |
| February 2025 | $2,306 |
| March 2025 | $2,380 |
| April 2025 | $2,400 |
| May 2025 | $2,437 |
| June 2025 | $2,513 |
| July 2025 | $2,540 |
| August 2025 | $2,487 |
| September 2025 | $2,450 |
| October 2025 | $2,478 |
| November 2025 | $2,500 |
| December 2025 | $2,500 |
| January 2026 | $2,505 |
| February 2026 | $2,528 |
| March 2026 | $2,527 |
| April 2026 | $2,597 |
| May 2026 | $2,667 |
| June 2026 | $2,714 |
| July 2026 | $2,584 |
| August 2026 | $2,610 |
Can I afford to live at 121 Ne 5th St #1490046P?
Bedrooms
Rent-to-income ratio
30%
$97,760/yr
314 nw 12th st
miami, FL, 33136
1501 ne 2nd ave
miami, FL, 33132
1550 n miami ave
miami, FL, 33136
mile marker 70 tamiami trail
miami, FL, 33194
3250 sw 3rd ave
miami, FL, 33129
Downtown Miami • 230 Ne 4th St
Studio–3 Beds
$2,235–$5,240
Park West • 710 Ne 1st Ave
Studio–2 Beds
$2,290–$6,970
Downtown Miami • 230 Ne 4th St
Studio–3 Beds
$2,235–$5,240
Park West • 710 Ne 1st Ave
Studio–2 Beds
$2,290–$6,970
