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

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

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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.

Required Fees

One-Time Move-In Fees

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

Pet Policy and Fees

Dogs

  • $35 Monthly Pet Rent

Parking Info and Fees

CoverediCovered Parking Garage

Storage

Storage Unit

    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 32.77% cheaper than the average apartment in the City Center Miami area, and 10.93% 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$3,298-$1,248-37.8%
      2 Bedroom$3,100$4,515-$1,415-31.3%
      3 Bedroom$3,800$5,366-$1,566-29.2%

      Rent Comparison to the city of Miami

      FloorplanLowest Price HereCity Average RentCost Difference%
      1 Bedroom$2,050$2,593-$543-20.9%
      2 Bedroom$3,100$3,140-$40-1.3%
      3 Bedroom$3,800$4,252-$452-10.6%

      Methodology: On 09/24/2025, ApartmentHomeLiving.com compared current rents by floorplan to 117 other apartment communities in the immediate area around Downtown 5th (City Center Miami), and 11817 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 09/24/2025

    • Pet Friendly 3.8

      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 3.8-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.

    • Student Living 3.0

      Rentals that are highly rated for the Student Living Lifestyle rating have top features and amenities that benefit students and others who enjoy living the student lifestyle.

      Rating Factors

      This 3.0-star Student Living rating is based on the following features:

      • Community-Wide WiFi
      • Washer/Dryer In Unit
      • Property Manager on Site
      • Public Transportation
      • 24 Hour Access
      • Multi-Use Room
      • Elevator(s)
      • Sundeck(s)
      • Fitness Center
      • Swimming Pool(s)
      • Views
      • Window Coverings
      • Maintenance on site
      • Shuttle to Train
      • Breakfast/Coffee Concierge
      • Lounge
      • Controlled Gate Access
      • Balconies
      • Heating
      • Tub/Showers
      • Air Conditioning
      • Dishwashers
      • Ranges
      • Refrigerators
      • Ovens
      • Stainless Steel Appliances
      • Ice Makers
      • Kitchens
      • Granite Countertops
      • Bay Windows
      • Courtyard
      • Trash Compactor
      • Cable Ready
      See more
      See less
    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 $1,200
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    Studio to 5 Bedroom Apartments from $1,000
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    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Miami Studio Apartments $2,240$975$8,730
    Miami 1 Bedroom Apartments $2,593$990$10,000+
    Miami 2 Bedroom Apartments $3,140$745$10,000+
    Miami 3 Bedroom Apartments $4,252$847$10,000+
    Miami 4 Bedroom Apartments $8,499$1,150$10,000+
    Miami 5 Bedroom Apartments $9,223$1,165$10,000+
    Miami 6 Bedroom Apartments $20,000$10,000$10,000+

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    Viewing: Downtown 5th | Desktop Version | Listing Updated: 07/17/2025 | AHLDIA