Downtown 5th
Melo Group's massive dual-tower workhorse. Over a thousand units means this place runs like a small city, you get the skyline views, the transit access, and the price point, but you also get elevator lines and the occasional growing pain. The floorplans are practical, every unit has a balcony, and you can't beat the location for the money. Just don't expect boutique vibes.
Why this building: Excellent transit access at a lower price point, with a lighter amenity package.
- Neighborhood
- Downtown
- Address
- 55 NE 5th St, Miami, FL 33132
- Bedrooms
- 1BR, 2BR, 3BR
- Price range
- $2,050 to $3,600
- Year built
- 2021
- Floors
- 52
- Total units
- 1042
- Pet policy
- Dogs and large dogs allowed, contact for details
- Walk score
- 94
- Transit score
- 100
Things to know
- Elevator Wait Times: 1,042 units across two towers sharing elevator banks. Morning rush between 7:30–9 AM means real waits. Plan an extra 5–10 minutes into your morning commute.
- Parking: Covered garage available. Pricing varies, contact leasing for current monthly rates. Street parking is not realistic in this area.
- The Value Play: This is one of the most affordable true high-rises in Downtown. Studios start around $2,050. For transit-connected living with real views, it's hard to beat on price.
- Building Scale: With over 1,000 units, this is a high-density environment. Hallways and common areas can feel busy. If you want quiet and intimate, this isn't it.
- Infrastructure: Early residents reported power grid issues during the stabilization phase. These have largely been resolved, but worth asking the leasing office about current status.
Other buildings in Downtown
- Alea Miami
- Art Plaza
- Arte Grand Central Overtown
- Bezel Miami Worldcenter
- CMPND Miami
- Downtown 1st
- Flagler on the River
- Flow Miami Worldcenter
- Melody Tower
- Miami Plaza
- Miami World Tower
- Modera Riverside
- Monarc at Met
- Muze at Met
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