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121 NE 5 St #2908

Miami, FL 33132
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Bed 1

Bed

Bath 1

Bath

SqFt606

Sqft

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 Kasey a 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.

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Detail Ic Property Details

Property Type : Residential

Price : $589,000

AD Id : 78232319

MLS Id : A12015913

Beds : 1

Living Area Size : 606

Year Built : 2025

County : Miami-Dade

Subdivision: Wynmoor

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total beds: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Flooring Information

    CeramicTile, Tile
  • Interior Features

    BedroomOnMainLevel, EntranceFoyer, LivingDiningRoom
    Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, IceMaker, Microwave, Refrigerator, Washer
    Window Features: Blinds, ImpactGlass
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric

  • Building Information

    Year Built: 2025
    Construction Materials: Block
    Patio And Porch Features: Balcony, Open, WrapAround
    Pool Features: Association, Heated
    Private Pool: No
    View: City, Other, Water
    Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: Balcony, SecurityHighImpactDoors, Porch

  • Listing Price Information

    Listing Price: $589000
    Cash

  • 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

  • Parking Information

    Valet

    Garage Information

    Pets Allowed: No

    Homeowners Association Information

    Included Fees: AssociationManagement, Amenities, CommonAreas, LegalAccounting, MaintenanceStructure, Pools, Sewer, Security, Trash, Water
    HOA: $877.00
    Association Amenities: BilliardRoom, BikeStorage, BusinessCenter, Clubhouse, CommunityKitchen, FitnessCenter, Pool, SpaHotTub, Trash, Elevators

  • Location Information

    Security Features: SecurityGuard,FireSprinklerSystem,SmokeDetectors
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Nearby Home Value

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175 NE 10 Street #46P, Miami, FL, 33132 $1,200,000 1 1 862 862 SqFt
175 NE 10 Street #44A, Miami, FL, 33132 $2,015,000 1 2 988 988 SqFt
175 NE 10 Street #44I, Miami, FL, 33132 $645,000 -- 1 476 476 SqFt
20 NE 11th St #3712, Miami, FL, 33132 $450,000 -- 1 --
1100 Biscayne Blvd #4402, Miami, FL, 33132 $950,000 2 3 1,557 1,557 SqFt
900 Biscayne Blvd #4202, Miami, FL, 33132 $3,050,000 4 4 2,754 2,754 SqFt
851 NE 1st Ave #1606, Miami, FL, 33132 $675,000 1 2 1,173 1,173 SqFt
121 NE 5 St #709, Miami, FL, 33132 $409,000 -- 1 402 402 SqFt
1800 N Bayshore Dr #614, Miami, FL, 33132 $775,000 2 2 1,339 1,339 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/05/2026 @ 00:20

MLS: A12015913 LISTED BY: Patricio Orloff, Cervera Real Estate Inc. 305-374-3434 SOURCE: SEFMIAMI

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