121 NE 5 St 2908 Miami, FL 33132
Listing Courtesy of: MIAMI / Cervera Real Estate, Inc. / Patricio Javier Orloff, PA

  121 NE 5 St 2908 Miami, FL 33132

Active (4 Days)
$589,000 (USD)
1
BED
1
BATH
606
SQFT
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Description

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.

MLS #:
A12015913
Type
Condo
Year Built
2025
Style
High Rise
Views
Water, City
County
Miami-Dade County
Community
501 First Residences

Listed By

Patricio Javier Orloff, PA, Cervera Real Estate, Inc.
Source
MIAMI
Last checked May 13 2026 at 2:26 AM GMT+0000
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • Dryer
  • Refrigerator
  • Washer
  • Dishwasher
  • Microwave
  • Disposal
  • Windows: Blinds
  • Windows: Impact Glass
  • Ice Maker
  • Entrance Foyer
  • Living/Dining Room
  • Electric Range
  • Electric Water Heater
Subdivision
  • 501 First Residences
Heating and Cooling
  • Central
  • Electric
  • Central Air
Pool Information
  • Heated
  • Association
Homeowners Association Information
  • Dues: $877/Monthly
Flooring
  • Ceramic Tile
  • Tile
Parking
  • Valet
Living Area
  • 606 sqft
Location
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Interest rate
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Mortgage calculator estimates are provided by Cervera Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Miami Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/12/26 19:26
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