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121 NE 5 ST Unit 2908, Miami, FL 33132

$485,000 · Active

MLS #A12015913

121 NE 5 ST Unit 2908, Miami, FL 33132
Price
$485,000
Status
Active
Bedrooms
1
Bathrooms
1
Living area
606 sq ft
Home type
Condominium
Year built
2025
Full bathrooms
1
Half bathrooms
0
New construction
Yes
HOA
Yes
County
Miami-Dade County
Garage spaces
0
HOA fee
$877 · Monthly
Annual property taxes
$0
Subdivision
501 FIRST RESIDENCES
Style
"Corner Unit", "High Rise"
Appliances & Equipment
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
Bathrooms
Full Bathrooms: 1 · Bathrooms Total: 1
Bedrooms
Total Bedrooms: 1 · Features: Entry Level
Building
Living Area: 606 · New Construction · Architectural Style: Corner Unit, High Rise · Construction Materials: Concrete Block Construction · Year Built: 2025 · Year Built Details: New Construction · Building Name: 501 FIRST RESIDENCES · Entry Level: 29 · Entry Location: Foyer · Furnished: Furnished · Structure Type: Condo-Hotel, Condo
Cooling
Cooling: Central Air, Electric
Exterior Features
Features: Open Balcony · Patio/Porch: Open Balcony, Wrap Around
Floors
Flooring: Ceramic Floor, Tile
Heating
Heating: Central, Electric
Home Owner's Association
Fee: $877 · Fee Frequency: Monthly · Amenities: Bike Storage, Billiard Room, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Kitchen Facilities, Pool, Spa/Hot Tub, Trash Chute
Interior Features
Features: Interior Hall, Fire Sprinklers, Entrance Foyer
Parking
Features: Valet
Property
Leasable Area Units: Square Feet · Property Attached · Property Condition: New Construction · View · View: Other View, Skyline, Water View
Utilities
Electric: Circuit Breakers
Windows
Features: Complete Impact Glass, Blinds, Impact Glass

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About this home

DRASTICALLY REDUCED FOR QUICK SALE!-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.

Courtesy of Cervera Real Estate Inc..

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