Link copied!
121 5 ST 2908, Miami, FL
Offering:
For Sale
Location:
Miami, FL 33132
Subdivision:
501 FIRST RESIDENCES
Status:
Active
$525,000
Details
Year built:
2025
Style:
High Rise
Faces:
North
Days on market:
120
Association fee:
$877 / Monthly
Type:
Condominium
MLS ID
A12015913
Virtual tour:
Listed by:
Cervera Real Estate Inc. (CERN01)
Listing office phone:
Listing office email:
Listing agent:
Patricio Orloff (0628501)
Features
Association
Amenities:
Billiard Room, Bike Storage, Business Center, Clubhouse, Community Kitchen, Fitness Center, Pool, Spa Hot Tub, Trash, Elevators
Fee includes:
Association Management, Amenities, Common Areas, Legal Accounting, Maintenance Structure, Pools, Sewer, Security, Trash, Water
Pets
Allowed:
no
Description
RENTED FOR $2500 UNTIL 6/14/2027- BUYER HAS TO ASSUME CURRENT LEASE-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.
Price history
$589,000 → $525,000
·
Reduced by
$64,000 (10.9%) · 4 price changes
Location
121 NE 5 ST 2908Miami, FL 33132
MLS information
Last updated Sep 5, 2026
Deemed reliable but not guaranteed.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
