Miami photo 1
Miami photo 2
Miami photo 3
Miami photo 4
Miami photo 5
Link copied!

121 5 ST 2908, Miami, FL

Offering:
For Sale
Location:
Miami, FL 33132
Subdivision:
501 FIRST RESIDENCES
Status:
Active
Number of Bedrooms
1
Number of Bathrooms
1
Living Area sq ft
606 sq ft
$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

Bedroom On Main Level
Entrance Foyer
Living Dining Room
Dryer
Dishwasher
Electric Range
Electric Water Heater
Disposal
Ice Maker
Microwave
Refrigerator
Washer
Blinds
Impact Glass
Balcony
Open
Wrap Around
Block
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 2908
Miami, 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.