121 NE 5 St #2908
Miami, FL 33132
1
Bed
1
Bath
606Sqft
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 cor
Property Details
Map
Map
Features
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Bedroom Information
Total beds: 1Bathroom Information
Total Baths: 1 Full Baths: 1Flooring Information
CeramicTile, Tile -
Interior Features
BedroomOnMainLevel, EntranceFoyer, LivingDiningRoomAppliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, IceMaker, Microwave, Refrigerator, WasherWindow Features: Blinds, ImpactGlass -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric
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Building Information
Year Built: 2025Construction Materials: BlockPatio And Porch Features: Balcony, Open, WrapAroundPool Features: Association, HeatedPrivate Pool: NoView: City, Other, WaterAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: Balcony, SecurityHighImpactDoors, Porch
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Listing Price Information
Listing Price: $525000Original Price: $589000Cash
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Tax Information
Parcel Number: 01-41-01-008-2980 Tax Year: 2026 Annual Tax: $0 Tax Legal Desc: Condominium Parcel No. 2908 of 501 FIRST RESIDENCES CONDOMINIUM
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Virtual Tour
Parking Information
ValetGarage Information
Pets Allowed: NoHomeowners Association Information
Included Fees: AssociationManagement, Amenities, CommonAreas, LegalAccounting, MaintenanceStructure, Pools, Sewer, Security, Trash, WaterHOA: $877.00Association Amenities: BilliardRoom, BikeStorage, BusinessCenter, Clubhouse, CommunityKitchen, FitnessCenter, Pool, SpaHotTub, Trash, Elevators
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Location Information
Security Features: SecurityGuard,FireSprinklerSystem,SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 133 NE 2nd Avenue #1408, Miami, FL, 33132 | $350,000 | 1 | 1 | 903 | 903 SqFt |
| 11 NE 6th #1210, Miami, FL, 33132 | $519,000 | 1 | 1 | 600 | 600 SqFt |
| 159 NE 6th St #2914, Miami, FL, 33132 | $500,000 | 1 | 1 | 478 | 478 SqFt |
| 244 Biscayne Blvd #3409, Miami, FL, 33132 | $635,000 | 2 | 2 | 1,363 | 1,363 SqFt |
| 11 NE 6th Street #1912, Miami, FL, 33132 | $579,000 | 1 | 1 | 630 | 630 SqFt |
| 1400 Biscayne Boulevard.., Miami, FL, 33132 | $2,750,000 | 3 | 4 | 1,953 | 1,953 SqFt |
| 851 NE 1st Ave #2303, Miami, FL, 33132 | $1,050,000 | 2 | 3 | 1,560 | 1,560 SqFt |
| 398 NE 5th St #3711, Miami, FL, 33132 | $1,379,000 | 2 | 2 | 818 | 818 SqFt |
| 1750 N Bayshore Dr #3310, Miami, FL, 33132 | $329,000 | 1 | 1 | 821 | 821 SqFt |
| 851 NE 1st Avenue #2410, Miami, FL, 33132 | $699,000 | 1 | 2 | 1,185 | 1,185 SqFt |
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ByOwner last updated this listing 08/15/2026 @ 05:30
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