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$589,000
New Listing

121 NE 5 ST 2908
Miami, FL 33132

For Sale|Condominium|Active
1
Bed
1
Total Bath
1
Full Bath
606
SqFt
$972
/SqFt
2025
Built
Subdivision:
501 FIRST RESIDENCES
County:
Miami-Dade

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+1 (786) 771 7496
121 NE 5 ST 2908121 NE 5 ST 2908121 NE 5 ST 2908121 NE 5 ST 2908
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This newly completed 29th-floor residence at 501 First offers an exceptional turnkey opportunity with high-demand skyline views, no rental restrictions, and a prime location in the heart of Miami’s rapidly expanding Worldcenter district. Unit 2908 represents a high-yield asset in one of the city's most desirable new developments, perfectly positioned for both short-term rental income and long-term capital appreciation. This 1-bedroom, 1-bathroom unit featuring a sleek, modern floorplan designed for maximum efficiency. Located on the 29th floor, the unit offers 535 square feet of interior living area complemented by an expansive 86-square-foot balcony. The deep terrace provides north-facing views of the evolving urban core, overlooking iconic landmarks like the Freedom Tower and the Kaseya Center. Situated at the epicenter of Miami's multi-billion dollar Worldcenter project, the property offers unparalleled connectivity. Directly adjacent to the Brightline high-speed rail station, offering a critical transit link for travelers and business professionals alike. Steps away from world-class dining, the Miami Heat arena, and the upcoming world-class shopping promenades. The building’s policy allowing for unrestricted short-term rentals makes this an ideal candidate for high-frequency vacation rental platforms.

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Listing Snapshot
Price 
$589,000
Days On Site 
0 Days
Bedrooms 
1
Inside Area (SqFt) 
606 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2025
MLS® Number 
A12015913
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$877 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 hours agoListing first seen on site
11 hours agoListing updated with changes from the MLS®
General Features
Building Features 
ExteriorLighting
Direction Faces 
North
Disclosures 
None
Number Of Stories 
40
Parking 
Valet
Pets 
No
Property Sub Type 
Condominium
Security 
Security GuardFire Sprinkler SystemSmoke Detector(s)
Style 
HighRise
Interior Features
Appliances 
DryerDishwasherElectric RangeElectric Water HeaterDisposalIce MakerMicrowaveRefrigeratorWasher
Cooling 
Central AirElectric
Flooring 
Ceramic TileTile
Furnished 
Furnished
Heating 
CentralElectric
Interior 
Entrance FoyerMaster Downstairs
Window Features 
Blinds
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Exterior Features
Construction Details 
Block
Exterior 
Balcony
Patio And Porch 
PorchWrap Around
Pool Features 
AssociationHeated
View 
CityOtherWater
Waterview 
CityOtherWater
Windows/Doors 
Blinds
Community Features
Association Amenities 
Billiard RoomClubhouseFitness CenterPoolSpa/Hot TubTrashElevator(s)Management
Association Dues 
877
Building Access 
29
Financing Terms Available 
Cash
HOA Fee Frequency 
Monthly
MLS Area 
42
Listing courtesy of Cervera Real Estate Inc.

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Neighborhood & Commute
Source: Walkscore
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