121 NE 5 Street Unit 2908, Miami, FL 33132

$538,000
1
BD
1
BA
606
SqFt

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List Price
$538,000
Price Change
▼ $47,000 1785201661
MLS#
A12015913
Bedrooms
1
Bathrooms
1
Sq. Ft
606
Subtype
Condominium
County
Miami-Dade
Subdivision
501 First Residences
Year Built
2025

Property Description

RENTED FOR $2500 UNTIL 6/14/2027- 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.

Additional Information

Hoa
Yes
Hoa Amount
877
Pets Allowed
No
Construction
Block
Cooling
Central Air, Electric
Flooring
Ceramic Tile, Tile
Furnished
Furnished
Heating
Central, Electric
Security
Fire Alarm, Fire Sprinkler System, Smoke Detector(s), Security Guard
View
City, Other, Water
Stories
40
Price Per Sqft
$887

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Listing courtesy of Cervera Real Estate Inc.. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Patricio J Orloff | Email: orloffpat@gmail.com