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121 Northeast 5th Street earns a strong overall impression with a 9/10 expert rating, standout amenity, location, and quality scores, plus a solid price rating that suggests good value. It features floor-to-ceiling windows, valet parking, in-unit laundry, Wi‑Fi, and a dishwasher, along with 49 photos and appealing traits for fitness, socializing, and working from home.
Things you’ll love
BalconyCentral heatElevatorGreat for
Social life
Work-from-home
Wellness| Studio | Studio | 1 bath | 441 sqft | $4,209 /mo | The advertised rate of $4,209/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 19, 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 high-floor studio apartment in the vibrant heart of Downtown Miami at 501 First Residences within Miami Worldcenter. This unit offers a comfortable queen bed and a sofa bed, perfect for up to 4 guests. This studio features a modern European-style kitchen equipped 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 stay connected with 1-Gig Wi-Fi. The space includes a modern and practical full bathroom and a dining table. One free parking space is provided, conveniently located about a 5-minute walk from the building. Valet parking is also available in the building for an hourly or daily fee. Guests have access to resort-style amenities across two dedicated amenity floors, including a premium fitness center, co-working lounge, TV lounge, private dining room, and rooftop amenities like a swimming pool, hot tub, cold plunge, sundeck, and summer kitchen with a grill. Located in Miami Worldcenter, Florida's largest open-air shopping and entertainment district, this apartment is in the center of Downtown Miami. Enjoy unbeatable transit and walkability—walk 3 minutes to the free Metromover and 8 minutes to Brightline MiamiCentral. It's steps from Kaseya Center, Bayside Marketplace, Pérez Art Museum Miami (PAMM), and the Phillip and Patricia Frost Museum of Science. The building is 100% smoke-free in units, balconies, and all common areas. Respectful noise levels are required at all times. Check-in is at 4 PM and check-out is at 11 AM. Unapproved late check-outs incur operational fees. Primary guests must be 21+ and provide valid IDs/passports prior to arrival. Guests are responsible for lost fobs or unit damages. The co-working lounge on Level 38 offers two small private offices, available on a first-come, first-served basis. A covered co-working lounge is also available on the rooftop (Level 40). | ||
| 1 bed | 1 bed | 1 bath | 581 sqft | $4,438 /mo | The advertised rate of $4,438/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 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, high-floor 1-bedroom apartment located in the heart of Downtown Miami at 501 First Residences, Miami Worldcenter. This unit offers a thoughtfully arranged 582 sq ft of living space with floor-to-ceiling windows and stunning views. This apartment features 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, operated by a third-party company, with hourly and daily rates. Bicycle and scooter storage racks are also available on Level 2, requiring registration with management. Guests can access resort-style amenities across two dedicated amenity floors, including a fitness center, co-working lounges, and a rooftop cinema. Situated in Miami Worldcenter, one of Florida's largest open-air shopping and entertainment districts, this apartment is steps away from Kaseya Center, Bayside Marketplace, museums, and the free Metromover. You'll be surrounded by restaurants, art, culture, and nightlife, all within walking distance. Key attractions like the Museum of Ice Cream, MOAD, Freedom Tower, Pérez Art Museum Miami, and Frost Museum of Science are just minutes away. Dining options abound at Miami Worldcenter and the surrounding areas. Check-in is at 4 PM and check-out is at 11 AM. Unapproved late check-outs incur operational fees. The building is 100% smoke-free in units, balconies, and all common areas. Pets are not allowed, and events are not permitted. Respectful noise levels are required at all times. Guests are responsible for lost fobs or unit damages. All guests must check in at the Front Desk with valid government ID matching the reservation. Amenities may occasionally close for maintenance, inspections, or private events. The pool has no lifeguard on duty; swim at your own risk. Children under 12 at the pool must be supervised by an adult 21+. Children under 16 are not permitted in the fitness center; ages 16–18 must be accompanied by an adult 21+. Personal speakers are not permitted in the gym; headphones are required. Proper athletic attire and closed-toe shoes are required in the fitness center. Cover-ups and shoes must be worn in all indoor and common areas. The co-working lounges on Level 38 and the covered co-working lounge on Level 40 offer spaces for remote work, with two small private offices available on a first-come, first-served basis on Level 38. | ||
| 2 bed | 2 bed | 2 bath | 828 sqft | $8,920 /mo | The advertised rate of $8,920/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 21, 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 luxury 2-bedroom condo located on a high floor at 501 First Residences inside Miami Worldcenter. This spacious 835 sq ft residence offers stunning views and a flexible den area. This condo features 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 a smart TV with streaming apps. The flexible den area and two full bathrooms provide an expanded, comfortable living space. Valet parking is available in the building, operated by a third-party company, with hourly rates ranging from $15 for 1 hour to $50 for 24 hours. Access to resort-style amenities across two dedicated amenity floors is included, featuring a fitness center, co-working lounge, TV lounge, private dining room, and rooftop pool and hot tub. Located in the heart of Downtown Miami at Miami Worldcenter, one of Florida's largest open-air shopping and entertainment districts, this condo is surrounded by dozens of top-rated restaurants, craft bars, and cafes. You are minutes on foot from Kaseya Center, Museum of Ice Cream, and Bayside Marketplace. Wynwood mural bars and Brickell rooftop lounges are just a short ride away. Check-in is at 4 PM and check-out is at 11 AM. Unapproved late check-outs incur operational fees. The building is 100% smoke-free in units, balconies, and all common areas. Pets are not allowed. Events are not allowed. Respectful noise levels are required at all times. Guests are responsible for lost fobs or unit damages. Primary guest must be 21+ and valid IDs/passports are required prior to arrival. Amenities may occasionally close for maintenance, inspections, or private events. The co-working lounge on Level 38 offers a space for remote work, with two small private offices available on a first-come, first-served basis. A covered co-working lounge on the rooftop provides a weather-protected outdoor workspace. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Balcony |
| Central Heat | Fire Detector |
| Fully Equipped Kitchen | Furnished |
| Hanger | Has View |
| Linen Towel | Private Entrance |
| Private Terrace | Shampoo |
| Toaster | TV |
| View |
Appliances
| Blender | Coffee Machine |
| Dishwasher | Hair Dryer |
| Iron | Microwave |
| Oven | Refrigerator |
| Stove |
Tech
| Cable TV | WiFi |
Building
| Elevator | Fitness Center |
| Gym | Office Space |
| Residents Lounge | Roof Deck |
| Shared Swimming Pool | Smoke Detector |
Grounds
| Assigned Parking | Barbecue |
| Courtyard | Fire Pit |
| Grills/Firepits/BBQ | Jacuzzi |
| Outdoor Shared Pool | Outdoor Space |
| Storage | Swimming Pool |
Services
| Door Attendant | On-Site Management |
One-time.
One-time. Refundable.
Assigned Parking
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 64% more than the average rent price for studios in Downtown Miami.
1-bedroom apartments here are priced 48% 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 112% more than the average for similarly sized apartments in Downtown Miami.
| Month | Median Rent |
|---|---|
| November 2024 | $2,295 |
| 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 |
| October 2026 | $2,165 |
| November 2026 | $2,188 |
| Month | Median Rent |
|---|---|
| November 2024 | $2,737 |
| 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 |
| October 2026 | $2,583 |
| November 2026 | $2,569 |
Can I afford to live at 121 Ne 5th St #1501437P?
Bedrooms
Rent-to-income ratio
30%
$168,360/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
8401 Nw 34th Ter
Studio–2 Beds
$2,223–$5,042
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
Downtown Miami • 230 Ne 4th St
Studio–3 Beds
$2,010–$4,895
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.11200 Biscayne Blvd
Studio–3 Beds
$2,257–$5,292
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.8255 Park Blvd
1–3 Beds
$2,410–$4,695
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Coral Way • 3622 Coral Way
1–2 Beds
$2,848–$3,575
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Wynwood • 51 Nw 26th St
Studio–2 Beds
$2,803–$4,405
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Park West • 698 Ne 1st Ave
Studio–3 Beds
$2,254–$8,817
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Park West • 710 Ne 1st Ave
Studio–2 Beds
$2,595–$6,280
Total Monthly Price. The price shown reflects a 16-month lease and includes base rent and all known required monthly fees, based on information provided by the property.8401 Nw 34th Ter
Studio–2 Beds
$2,223–$5,042
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Downtown Miami • 230 Ne 4th St
Studio–3 Beds
$2,010–$4,895
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.11200 Biscayne Blvd
Studio–3 Beds
$2,257–$5,292
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.8255 Park Blvd
1–3 Beds
$2,410–$4,695
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Coral Way • 3622 Coral Way
1–2 Beds
$2,848–$3,575
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Wynwood • 51 Nw 26th St
Studio–2 Beds
$2,803–$4,405
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Park West • 698 Ne 1st Ave
Studio–3 Beds
$2,254–$8,817
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Park West • 710 Ne 1st Ave
Studio–2 Beds
$2,595–$6,280
Total Monthly Price. The price shown reflects a 16-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
