121 NE 5 ST #2908, Miami, FL 33132
121 NE 5 ST #2908, Miami, FL 33132
121 NE 5 ST #2908, Miami, FL 33132
121 NE 5 ST #2908, Miami, FL 33132
121 NE 5 ST #2908, Miami, FL 33132
121 NE 5 ST #2908, Miami, FL 33132
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$ 589,000
Est. payment | /mo

1 Bed

1 Bath

606 SqFt


$ 589,000
Est. payment | /mo

1 Bed

1 Bath

606 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 606 sqft

Price per Sqft $971

Subdivision 501 First Residences

MLS Listing ID A11966090

Bedrooms 1

Full Baths 1

HOA Fees $877/mo

HOA Y/N Yes

Year Built 2025

Tax Year 2026

Property Sub-Type Condominium

Property Description

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.

Location

State FL

County Miami-dade

Community 501 First Residences

Area 42

Interior

Furnishings Furnished

Exterior

Garage No

Private Pool Yes

Building

Faces North

Others

Pets Allowed No

Senior Community No

Tax ID 01-41-01-008-2980

Pets Allowed No

Virtual Tour https://youtube.com/shorts/PVCk2W0YXxM

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Cervera Real Estate Inc.

Schools and Properties Nearby

Germain Abraham

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121 NE 5 ST #2908