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121 NE 5th St #1703
Miami, FL 33132
Listing courtesy of Weichert Realtors Capella Estates (Alejandra Restrepo). Contact: [email protected].
BRAND NEW CONSTRUCTION! Beautiful 1 Bed + DEN / 2 Baths. Fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes and designer furnishings. Outstanding investment potential. One of the few residences in the area with no rental restrictions, allowing short-term rentals, long-term rentals, seasonal use, or full-time owner occupancy with complete flexibility. Features include floor-to-ceiling impact glass, a private balcony, Italian cabinetry, premium appliances. Residents enjoy access to more than 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, co-working spaces, chef's kitchen, and much more. Easy to show.
- Principal and interest
- $2,781
- Property tax
- $784
- Homeowners insurance
- $342
- HOA
- $892
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.