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121 Northeast 5th Street stands out as a highly rated, well-rounded property with strong value, excellent amenities, and a prime location, supported by a 9.9 expert rating and top scores across price, quality, and location. Its floor-to-ceiling windows, balconies, valet parking, smoke-free setting, and fully equipped kitchen pair with features that support fitness, socializing, and work-from-home lifestyles.
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Work-from-home| Studio | Studio | 1 bath | 441 sqft | $3,227 /mo | The advertised rate of $3,227/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 17, 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 at 501 First Residences, a 40-story tower in the heart of Miami Worldcenter, Downtown Miami. This high-floor unit offers floor-to-ceiling windows with stunning city and bay views. This modern unit features a fully equipped kitchen with a full-size refrigerator, oven, cooktop, microwave, dishwasher, and coffee maker, along with cookware and dishes. The integrated living area includes a comfortable queen bed and a sofa bed, perfect for relaxing. Enjoy the convenience of an in-unit washer/dryer and fast Wi-Fi. Valet parking is available in the building with hourly and daily rates: 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. Guests can reach out 24/7 for inquiries. Located in Miami Worldcenter, Florida's largest open-air shopping and entertainment district, this apartment is in the center of Downtown Miami. You're surrounded by walkable restaurants, art, culture, and nightlife. It's a short walk to Kaseya Center, Bayside Marketplace, PAMM, and dozens of restaurants. Free Metromover and Brightline are available 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 or older, and the reservation holder's presence is required throughout the entire stay. Lost fobs incur a $300 charge. 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. Failing to meet the check-out time may incur an extra night charge. Washcloths are not provided. Any damages will result in additional charges. Guests must be registered and provide full names and IDs for all guests entering the property. The building offers a co-working lounge with two small private offices on Level 38, available on a first-come, first-served basis. A covered co-working lounge is also available on the rooftop. | ||
| 1 bed | 1 bed | 1 bath | 581 sqft | $3,470 /mo | The advertised rate of $3,470/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 5, 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 1-bedroom apartment located in the heart of Downtown Miami at 501 First Residences. This luxurious condominium offers stunning floor-to-ceiling windows with captivating views. This apartment features a modern European-style kitchen, fully equipped 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. Valet parking is available in the building with hourly and daily rates. A lost fob replacement fee of $100 applies. Situated in Miami Worldcenter, the largest open-air shopping and entertainment district in Florida, this apartment is steps away from Kaseya Center, Bayside Marketplace, museums, and the free Metromover. You'll be surrounded by a walkable array of restaurants, art, culture, and nightlife, with the Freedom Tower, Museum of Art and Design, and Museum of Ice Cream all within a short walk. The building is 100% smoke-free in units, balconies, and all common areas, with a $300 fine for violations. Quiet hours are observed to ensure a peaceful residential environment. 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. Guests are required to provide the full names and IDs of all guests for registration, and the reservation holder must be at least 21 years old and present throughout the stay. Washcloths are not provided. Any damages to objects or equipment will result in additional charges. The co-working lounges provide a dedicated space for remote work, with private offices available on a first-come, first-served basis. | ||
| 2 bed | 2 bed | 2 bath | 538 sqft | $4,029 /mo | The advertised rate of $4,029/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 2, 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 1-bedroom plus den apartment at 501 First Residences, located in the vibrant 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 equipped 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. Valet parking is available in the building with hourly and daily rates, ranging from $15 for 1 hour to $50 for 24 hours. There is no self-parking in the building. A lost fob replacement costs $100. Situated in Miami Worldcenter, Florida's largest open-air shopping and entertainment district, this apartment is in the center of Downtown Miami. You'll be within walking distance of numerous restaurants, museums, and cultural attractions, including the Freedom Tower, Museum of Art and Design, Pérez Art Museum Miami, and the Frost Museum of Science. The free Metromover is just a 3-5 minute walk away, providing easy access to Brickell and other downtown areas. Brightline's MiamiCentral station is an 8-minute walk for convenient rail service. No smoking is allowed inside the apartment or building, with a $300 fine for violations. Reservations must be made by a 21-year-old, and the reservation holder must be present throughout the 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 not possible if other guests are arriving on the departure day. Failing to meet the checkout time may incur an extra night charge. Washcloths are not provided. Any damages to objects or equipment will result in additional charges. Work from the co-working lounge, which offers a dedicated space for remote work. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Central Heat |
| Fire Detector | Fully Equipped Kitchen |
| Furnished | Hanger |
| Linen Towel | Private Entrance |
| Shampoo | Toaster |
| TV | View |
Appliances
| Blender | Coffee Machine |
| Dishwasher | Hair Dryer |
| Iron | Microwave |
| Oven | Refrigerator |
| Stove |
Tech
| Cable TV | WiFi |
Building
| Business Center | Elevator |
| Fitness Center | Gym |
| Residents Lounge | Shared Swimming Pool |
| Smoke Detector |
Grounds
| Barbecue | Garden |
| Grills/Firepits/BBQ | Jacuzzi |
| Outdoor Shared Pool | Outdoor Space |
| Shared Garden | Swimming Pool |
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 26% more than the average rent price for studios in Downtown Miami.
1-bedroom apartments here are priced 16% higher 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 1% more than the average for similarly sized apartments in Downtown Miami.
| Month | Median Rent |
|---|---|
| October 2024 | $2,116 |
| 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 | $2,212 |
| September 2026 | $2,182 |
| Month | Median Rent |
|---|---|
| October 2024 | $2,691 |
| 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 | $2,559 |
| September 2026 | $2,514 |
Can I afford to live at 121 Ne 5th St #1501437P?
Bedrooms
Rent-to-income ratio
30%
$129,080/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
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Downtown Miami • 230 Ne 4th St
Studio–3 Beds
$2,230–$4,995
Park West • 710 Ne 1st Ave
Studio–2 Beds
$2,630–$5,930
