121 NE 5th St 2705, Miami, FL 33132 — MLS photo

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121 NE 5th St 2705, Miami, FL 33132

Active · Condominium

$690,000

121 NE 5th St 2705, Miami, FL 33132

Beds
1
Baths
1
Living area
489 sq ft
$ / sq ft
$1,411/sq ft
Year built
2026
Lot size
—
HOA fee
$801 Monthly
Annual tax
$756

About this property

Downtown Miami is changing and this brand new condo is the correct choice, 27 floor, corner unit with balcony , plenty of light , furnished, 1 bedroom, 1 bath ,, skyline and bay views, stylish and bright ready for living or investment delight. Perfect for short term rentals or your own city space. Amenities , gym, social and business rooms, co-working, private offices, spaces for wellness, pool, jacuzzi. Walking distance to Brickell financial area, Brickell City Center, restaurants, shopping, cultural and entertainment venues, nightlife, concerts, steps to World trade center, Port of Miami, Arena, metro mover station and more.

Property location

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121 NE 5th St 2705, Miami, FL 33132

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
489 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type
Condominium
Year built
2026
Stories
42
Architectural style
High Rise
Construction
Block
Exterior features
Balcony
Pool
Heated
View
Bay, City

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space, Valet

HOA, Community & Financials

Association fee
$801 Monthly
Fee inclusions
Amenities, Cable Tv, Insurance, Pools, Sewer, Trash, Water
Amenities
Business Center, Clubhouse, Elevators, Fitness Center, Library, Pool
Security
Closed Circuit Cameras, Elevator Secured, Intercom, Lobby Secured, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$756
Subdivision
501 FIRST RESIDENCES
County
Miami-Dade
Days on market
2
MLS listing ID
A12015550
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,037

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.7%
Gross yield
4.8%
Mortgage payment
$3,271/mo
Down payment
$172,500
Loan amount
$517,500
Annual NOI
$14,804

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.