Downtown 5th Apartments

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55 NE 5th St, Miami, FL 33132
(786) 321-5987
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Downtown 5th

55 NE 5th St
Miami, FL 33132
(786) 321-5987
Downtown 5th in Miami, FL - Building Photo
  • 1–3 Bedrooms
  • $2,050-$4,700Pricing
  • 615–1,900Square Feet

About Downtown 5th

Brand New Luxury Rental Apartments located at the center of the City of Miami in Downtown! Spacious units at micro prices! Live, shop, work play within walking distance. Enjoy living minutes from the beautiful beaches of Miami Beach. Art & Culture is all around Downtown 5th. And the most exciting night life and fabulous dining! Call us today for more information on renting your new apartment home here at Downtown 5th.

Downtown 5th is located in the City Center Miami Neighborhood and 33132 Zip code of Miami, FL. This community is professionally managed by Melo Group

Unique Features and Amenities

  • 10 Min. From Miami International Airport
  • 10 Minutes From South Beach
  • 1st Class Cardio & Boxing Equipment
  • 2mins. To Govt. Ctr. Transportation Hub
  • 36,000+ Sq Ft Fitness Center
  • Coffee Lounge
  • Conference Room
  • Double Door Refigerator
  • Easy Access To I-95,395 & 195
  • Few Blocks To Amerian Airlines Arena
  • Few Blocks To Pamm & Science Museum
  • Kids room
  • Laminated Wood Floors Throughout
  • Metromover(college North)station Onsite
  • Porcelain Tiles In Bathrooms
  • Private Work Spaces
  • Remote Control Access
  • Samsung Stainless Steel Appliances
  • Social Room
  • Two swimming pools

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Downtown 5th offers 1 to 3 Bedroom apartments starting from $2,050 and having 615–1,900 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    One Bedroom/One Bath

    From $2,050

    1 Bed, 1 Bath, 615 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $2,050Available NowOne Bedroom/One Bath615 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Heating
    • Trash Compactor
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Freezer
    • Granite Countertops
    • Ice Maker
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $2,050 - $2,450
  • 2 Bedrooms

    Two Bedroom/Two Bath

    From $3,100

    2 Beds, 2 Baths, 1170 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $3,100Available NowTwo Bedroom/Two Bath1170 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Heating
    • Trash Compactor
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Freezer
    • Granite Countertops
    • Ice Maker
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $3,100 - $3,600

    Two Bedroom with Den

    From $3,600

    2 Beds, 2 Baths, 1900 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $3,600Available NowTwo Bedroom with Den1900 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Heating
    • Trash Compactor
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Freezer
    • Granite Countertops
    • Ice Maker
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $3,600 - $4,200
  • 3 Bedrooms

    Three Bedroom/Three Bath

    From $3,800

    3 Beds, 3 Baths, 1514 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $3,800Available NowThree Bedroom/Three Bath1514 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Heating
    • Trash Compactor
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Freezer
    • Granite Countertops
    • Ice Maker
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $3,800 - $4,700
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (786) 321-5987 to schedule a tour.

Matterport 3D Tours

Property Information

  • 1042 Units
  • 51 Stories
  • Built in 2021

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the calculator to add these fees to the base rent.

Required Fees

One-Time Move-In Fees

Due at Move-In
Amenity Fee$0
Administrative Fee$0
Move-In Fee$0
Due at Application
Application Fee Per Applicant$150

Other Fees

Storage Fees

Storage Unit

Storage Deposit$0
Storage Rent$0/mo
Storage Rent$0/mo
Storage Deposit$0

Pet Fees

Dog

Monthly Pet Fee$35/mo
Pet Deposit$500

Parking Info and Fees

CoverediCovered Parking Garage

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

On-Site Services

  • Maintenance On Site
  • Property Manager On Site
  • Shuttle To Train
  • Community Wide Wi Fi
  • Public Transportation
  • 24 Hour Access

Community Features

  • Conference Rooms
  • Multi Use Room
  • Breakfast/Coffee Concierge
  • Lounge
  • Business Center
  • Elevator

Outdoor Features

  • Sundeck
  • Courtyard
  • Controlled Access

Recreation and Fitness

  • Fitness Center
  • Pool

Interior Features

  • Balcony
  • Heating
  • Trash Compactor
  • Tub/Shower
  • Cable Ready
  • Washer/Dryer
  • Air Conditioning

Kitchen Amenities

  • Dishwasher
  • Microwave
  • Range
  • Refrigerator
  • Oven
  • Freezer
  • Stainless Steel Appliances
  • Ice Maker
  • Kitchen
  • Granite Countertops

Living Area Features

  • Walk In Closets
  • Bay Window
  • Vinyl Flooring
  • Tile Floors
  • Views
  • Window Coverings
  • Hardwood Floors
Google Map

Map

55 NE 5th St, Miami, FL 33132

Getting Around

Walk Score®

95 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

78 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

100 / 100

Rider’s Paradise

World-class public transportation

Frequently Asked Questions about Downtown 5th

Where is Downtown 5th located?

Downtown 5th is located at 55 NE 5th St near the City Center Miami area of Miami, FL

What is the current rent range at Downtown 5th?

1 Bedroom to 3 Bedroom Apartments at Downtown 5th currently range from $2,050 to $4,700

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Luxury 4.0

    The Luxury rating shows you how this community's high end floorplan pricing relates to the local average.

    Rating Factors

    This 4.0-star Luxury rating is based on the following features:

    • Views
    • Community-Wide WiFi
    • Controlled Gate Access
    • Fitness Center
    • Balconies
    • Granite Countertops
    • Hardwood Floors
    • Stainless Steel Appliances
    • Maintenance on site
    • Breakfast/Coffee Concierge
    • Elevator(s)
    • Swimming Pool(s)
    • Tile Floors
    • Property Manager on Site
    • Shuttle to Train
    • 24 Hour Access
    • Multi-Use Room
    • Lounge
    • Sundeck(s)
    • Courtyard
    • Heating
    • Trash Compactor
    • Tub/Showers
    • Washer/Dryer In Unit
    • Air Conditioning
    • Dishwashers
    • Ranges
    • Refrigerators
    • Freezers
    • Ice Makers
    • Kitchens
    • Bay Windows
    • Window Coverings
    • Cable Ready
    See more
    See less
  • Affordability Great Value3.8

    The Downtown 5th Apartments are 31.37% cheaper than the average apartment in the City Center Miami area, and 13.13% cheaper than the average apartment city-wide.

    Rent Comparison to the City Center Miami Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$2,050$3,288-$1,238-37.7%
    2 Bedroom$3,100$4,356-$1,256-28.8%
    3 Bedroom$3,800$5,251-$1,451-27.6%

    Rent Comparison to the city of Miami

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$2,050$2,563-$513-20.0%
    2 Bedroom$3,100$3,197-$97-3.0%
    3 Bedroom$3,800$4,546-$746-16.4%

    Methodology: On 11/08/2025, ApartmentHomeLiving.com compared current rents by floorplan to 121 other apartment communities in the immediate area around Downtown 5th (City Center Miami), and 11929 other apartment communities in Miami using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 11/08/2025

  • Pet Friendly 3.6

    Top Pet Friendly apartments have specified that they accept pets and feature a number pet friendly amenities for renters with furry friends.

    Rating Factors

    This 3.6-star Pet Friendly rating is based on the following features:

    • Hardwood Floors
    • Elevator(s)
    • Balconies
    • Tile Floors
    • Courtyard
    • Heating
    • Air Conditioning
  • Family Friendly 3.2

    Family Friendly apartments feature the best community amenities for larger families like larger floorplans, playgrounds and day care options.

    Rating Factors

    This 3.2-star Family Friendly rating is based on the following features:

    • Community-Wide WiFi
    • Fitness Center
    • Hardwood Floors
    • Controlled Gate Access
    • Washer/Dryer In Unit
    • Maintenance on site
    • Multi-Use Room
    • Elevator(s)
    • Swimming Pool(s)
    • Dishwashers
    • Tile Floors
    • Property Manager on Site
    • Shuttle to Train
    • Public Transportation
    • 24 Hour Access
    • Lounge
    • Sundeck(s)
    • Courtyard
    • Balconies
    • Heating
    • Tub/Showers
    • Air Conditioning
    • Freezers
    • Ice Makers
    • Kitchens
    • Granite Countertops
    • Bay Windows
    • Vinyl Flooring
    • Views
    • Window Coverings
    • Cable Ready
    See more
    See less
  • Transit Friendly 3.0

    Transit Friendly apartments feature a fantastic location and great access to local mass transit.

Learn more about Lifestyle Search

Renters Reviews and Ratings

4.8
6 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
  • Solid Choice for Downtown Living

    June 10, 2025
    I’ve enjoyed living at Downtown 5th for the most part. The apartments are modern and spacious, and the views are a nice bonus. The location is super convenient for getting around Miami, but the traffic and noise can be a downside. Amenities are decent and the staff is helpful, though parking is definitely a hassle. Overall, it’s a good place if you want to be close to everything.
    • Property Manager Responded

      June 11, 2025
      Thank you for sharing your experience. We're glad to hear you're enjoying the modern apartments, views, and convenient location. We understand that traffic, noise, and parking can be challenges in a downtown setting, and we appreciate your perspective. Please don’t hesitate to reach out to the office if there’s anything we can assist you with.
    Review from Apartments.com
  • 4 years of bliss

    June 5, 2025
    Right in the heart of downtown Miami! Friendly management and neighbors. Been living here 4 years and very happy with my decision.
    • Property Manager Responded

      June 9, 2025
      Four years and counting! We're so happy to hear you've had such a positive experience living in the heart of downtown Miami. Thank you for being a valued part of the community — here's to many more years of comfort, great neighbors, and continued happiness!
    Review from Apartments.com
  • Perfect Location

    June 4, 2025
    Affordable, clean, and right in the heart of downtown Miami! Friendly management and a sense of community living here. Also, love all the furry friends!
    • Property Manager Responded

      June 9, 2025
      Thank you for sharing this wonderful feedback! We’re so glad you’re enjoying the unbeatable location, welcoming atmosphere, and four-legged neighbors. It’s residents like you who make this community feel like home!
    Review from Apartments.com
  • These prices don’t reflect what they say

    May 21, 2025
    Cheapest apartment is $2350 not what it says here online and it’s May 2025
    • Property Manager Responded

      May 27, 2025
      Hi, thank you for your feedback. We understand that pricing is an important factor when choosing a home, and we apologize for any confusion regarding current rates. Pricing can vary based on availability and lease terms, and we encourage you to reach out directly to the leasing office for the most up-to-date information. We appreciate your understanding and hope to assist you in finding the right fit.
    Review from Apartments.com
  • Nobody responds to messages or phone calls

    June 3, 2022
    I've tried calling since August 2021. Left several voicemails, multiple emails, and nothing.
    Review from Apartments.com
  • THEY NEVER ANSWER THE PHONE

    November 1, 2021
    Good luck trying to get anyone on the phone or contact anybody.
    Review from Apartments.com

Nearby Schools

Jose De Diego Middle School

Miami-Dade County Public Schools
3100 Northwest 5th Avenue
Public School - Grades 6-8 (868 Students)
In Attendance Zone4 minute drive / 2.0 miles away
2/10

Booker T. Washington Senior High

Miami-Dade County Public Schools
1200 Northwest 6th Avenue
Public School - Grades 9-12 (1014 Students)
In Attendance Zone2 minute drive / 0.8 miles away
3/10

Frederick R. Douglass Elementary

Miami-Dade County Public Schools
314 Northwest 12th Street
Public School - Grades PK-5 (221 Students)
In Attendance Zone2 minute drive / 0.7 miles away
5/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Downtown 5th.

Arts Museums and Landmarks

Freedom Tower

600 North Biscayne Boulevard
1 minute drive / 0.05 miles away

American Airlines Arena

601 Biscayne Boulevard
1 minute drive / 0.07 miles away

Gusman Performing Arts Center

174 E. Flagler Street,
1 minute drive / 0.41 miles away

Big Box and Retail

Publix

311 SW 7th St
3 minute drive / 1.04 miles away

Staples

2121 Biscayne Blvd
3 minute drive / 1.21 miles away

Walgreens

200 SW 13th St
4 minute drive / 1.38 miles away

Colleges and Universities

Miami Dade College - Wolfson Campus

300 NE 2nd Avenue
1 minute drive / 0.15 miles away

AI Miami International University of Art and Design

1501 Biscayne Boulevard
2 minute drive / 0.77 miles away

University of Miami - UHealth - Miller Medical Campus

University of Miami
4 minute drive / 1.63 miles away

Groceries

Publix

311 SW 7th St
3 minute drive / 1.04 miles away

Winn-Dixie

1155 NW 11th St
4 minute drive / 1.48 miles away

The Fresh Market

1800 West Ave
6 minute drive / 3.08 miles away

Hospitals

Jackson Health System

1611 Nw 12th Ave
5 minute drive / 1.72 miles away

Douglas Gardens Hospital

5200 Ne 2nd Ave
6 minute drive / 2.97 miles away

Mount Sinai Medical Center

4300 Alton Rd
8 minute drive / 4.04 miles away

Parks and Recreation

Bayfront Park

301 North Biscayne Blvd.
1 minute drive / 0.23 miles away

Margaret Pace Park

1745 North Bayshore Dr
1 minute drive / 0.3 miles away

Miami Seaquarium

4400 Rickenbacker Causeway
5 minute drive / 2.74 miles away

Downtown 5th has 5 parks within 8.9 miles, including Bayfront Park, Margaret Pace Park, Miami Seaquarium, Matheson Hammock Park, and Santa's Enchanted Forest.

Restaurants and Dining

The Capital Grille

444 Brickell Ave
2 minute drive / 0.75 miles away

News Cafe

800 Ocean Drive, South Beach
7 minute drive / 3.66 miles away

Emeril's Miami Beach

1601 Collins Ave
8 minute drive / 3.79 miles away

Shopping Centers

Bayside Marketplace

401 Biscayne Blvd
1 minute drive / 0.26 miles away

Flagler City Center

251 E Flagler St
1 minute drive / 0.37 miles away

Riverwalk Center

100 SE 1st St
1 minute drive / 0.47 miles away

Downtown 5th has 5 shopping centers within 0.8 miles.

Transit Stations

Freedom Tower-Metromover Omni Loop

620 NE 2nd Ave
1 minute drive / 0.05 miles away

College North-Metromover Downtown Loop

487 NE 1st Ave
1 minute drive / 0.15 miles away

College North-Metromover Brickell Loop

487 NE 1st Ave
1 minute drive / 0.15 miles away

Nearby Neighborhoods

Studio to 4 Bedroom Apartments from $1,333
View Rentals
Studio to 4 Bedroom Apartments from $1,232
View Rentals
Studio to 5 Bedroom Apartments from $900
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Miami Studio Apartments $2,223$900$9,891
Miami 1 Bedroom Apartments $2,563$800$10,000+
Miami 2 Bedroom Apartments $3,197$995$10,000+
Miami 3 Bedroom Apartments $4,546$975$10,000+
Miami 4 Bedroom Apartments $8,688$1,165$10,000+
Miami 5 Bedroom Apartments $14,073$1,170$10,000+
Miami 6 Bedroom Apartments $34,720$10,000$10,000+

Browse Top Apartments in Miami

Viewing: Downtown 5th | Desktop Version | Listing Updated: 10/03/2025 | AHLDIA