121 NE 5 ST # 2908, Miami FL 33132

ActiveMLS# A12015913
501 FIRST RESIDENCES · 36 units for sale in this building
121 NE 5 ST # 2908, Miami FL 33132
1 / 15
For sale
$538,000 USD
1 bd · 1 ba · 606 ft²
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Property details

1Beds
1Baths
606 ft²Living area
2025Year built
40Stories
CondominiumType
$877/moHOA
91Days on market
Other View, Skyline, Water ViewView

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.

Features & amenities

Interior
Interior HallFire SprinklersEntrance Foyer
Exterior
Open Balcony
Appliances
DishwasherDisposalDryerElectric Water HeaterIce MakerMicrowaveElectric RangeRefrigeratorWasher
Parking
Valet
Heating
CentralElectric
Cooling
Central AirElectric
Flooring
Ceramic FloorTile

Location

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Listing data provided courtesy of the Miami Association of REALTORS® via IDX. Information is deemed reliable but not guaranteed and should be independently verified. Each property is listed by the brokerage identified on the listing.