121 NE 5 Street #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
What's Nearby
Nearby Areas
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 -
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: Open, Porch, WrapAround, BalconyPool Features: Association, HeatedPrivate Pool: NoView: Other, Skyline, WaterAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: Balcony, Lighting, OutdoorLivingArea
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Listing Price Information
Listing Price: $525000Original Price: $589000Cash
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Tax Information
Parcel Number: 0141010082980 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
Has Association: YesIncluded Fees: CommonAreas, LegalAccounting, MaintenanceGrounds, MaintenanceStructure, Pools, Sewer, Security, Trash, WaterHOA: $877.00Association Amenities: BilliardRoom, BikeStorage, BusinessCenter, Clubhouse, CommunityKitchen, FitnessCenter, MaintenanceGrounds, Management, Pool, SpaHotTub, Trash, Elevators
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School Information
Elementary School: Frederick Douglass Junior High School: Jose De Diego Senior High School: Booker T. Washington -
Location Information
Security Features: FireAlarm,FireSprinklerSystem,SmokeDetectors,SecurityGuard
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1040 Biscayne Blvd #3802, Miami, FL, 33132 | $1,895,000 | 2 | 3 | 1,802 | -- |
| 50 Biscayne Blvd #508, Miami, FL, 33132 | $340,000 | -- | 1 | 484 | -- |
| 1750 N Bayshore Dr #1814, Miami, FL, 33132 | $446,000 | 2 | 2 | 1,048 | -- |
| 1100 Biscayne Blvd #1501, Miami, FL, 33132 | $2,200,000 | 2 | 3 | 2,705 | -- |
| 488 NE 18th Street #1515, Miami, FL, 33132 | $2,250,000 | 3 | 4 | 2,018 | -- |
| 253 NE 2nd St #508, Miami, FL, 33132 | $450,000 | 1 | 2 | 1,093 | -- |
| 1600 NE 1st Ave #1610, Miami, FL, 33132 | $579,000 | 2 | 2 | 1,055 | -- |
| 20 NE 11 Street #2212A, Miami, FL, 33132 | $375,000 | -- | 1 | 275 | -- |
| 398 NE 5th Street #2017, Miami, FL, 33132 | $1,150,000 | 3 | 3 | 1,043 | -- |
| 851 NE 1st Ave #204, Miami, FL, 33132 | $428,000 | -- | 1 | 702 | -- |
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Nearby For Sale
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ByOwner last updated this listing 09/30/2026 @ 12:54
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