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121 NE 5 ST # 2908, Miami FL 33132

Residential

121 5 ST

Miami, FL 33132

ML#:A12015913
List Price:$589,000
Status:Active
Days on Market:8
Listing Brkr:Cervera Real Estate Inc.
Subdivision:501 FIRST RESIDENCES
Bedrooms:1
Baths:1
SqFt (Liv):606
Lot Size:0 sqft
Year Built:2025
Stories:40

General Information

Type Property:Residential
Style:Condominium
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33132
Subdivision:501 FIRST RESIDENCES
Latitude:25.779132
Longitude:-80.191815

Rooms

Total Rooms:0
Bedrooms:1
Full Baths:1
Half Baths:0

Additional Features

Interior:Interior Hall, Fire Sprinklers, Entrance Foyer
Exterior:Open Balcony
Appliances:Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
Flooring:Ceramic Floor, Tile
View:Other View, Skyline, Water View
Heating:Central, Electric
Cooling:Central Air, Electric
Construction:Concrete Block Construction
Waterfront:No
Furnished:Furnished
Pets Allowed:No
Security:Fire Sprinklers, Fire Alarm, Smoke Detector, Security Patrol

Financial Information

HOA (Monthly):$877
Days on Market:8

Remarks

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.

Listing Agent

Patricio Orloff

Cervera Real Estate Inc.

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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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