121 NE 5 Street Unit 2908, Miami, FL 33132
$485,000 · Active
MLS #A12015913
- 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
- County
- Miami-Dade
- Garage spaces
- 0
- HOA fee
- $877 · Monthly
- Annual property taxes
- $0
- Subdivision
- 501 FIRST RESIDENCES
- Appliances & Equipment
- "Electric Water Heater" · "Dishwasher" · "Disposal" · "Dryer" · "Electric Range" · "Ice Maker" · "Microwave" · "Refrigerator" · "Washer"
- Bathrooms
- 1 full bathroom · 1 total decimal bathroom · 1 total bathroom
- Bedrooms
- 1 total bedroom
- Building
- Built in 2025 · Living area: 606 · Construction materials: "Block"
- Cooling
- "Central Air" · "Electric"
- Exterior Features
- "Balcony" · "Lighting"
- Floors
- "Ceramic Tile" · "Tile"
- Heating
- "Central" · "Electric"
- Home Owner's Association
- Association fee: $877 · Association fee frequency: Monthly · Association fee includes: "Pool Service", "Common Areas", "Elevator", "Legal/Accounting", "Maintenance Grounds", "Maintenance Structure", "Security", "Sewer", "Trash", "Water" · Association amenities: "Maintenance", "Pool", "Bike Storage", "Billiard Room", "Business Center", "Clubhouse", "Community Room", "Elevator(s)", "Fitness Center", "Heated Pool", "Kitchen Facilities", "Management", "Spa/Hot Tub", "Trash Chute"
- Interior Features
- "Entrance Foyer"
- Parking
- "Valet"
- Pets Policy
- Pets allowed: "No"
- Property
- Patio and porch features: "Porch - Wrap Around", "Porch" · View: "Water", "Skyline", "Other"
- Utilities
- "Circuit Breakers"
- Windows
- "Blinds"
- Elementary school
- Frederick Douglass
- High school
- Booker T. Washington
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. 305-374-3434
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