121 NE 5 Street #2908
Miami, FL 33132
1
Bed
1
Bath
606Sqft
RENTED FOR $2500 UNTIL 6/14/2027- 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 li
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: City, Other, WaterAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: Balcony, Lighting, OutdoorLivingArea
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Listing Price Information
Listing Price: $538000Original 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 |
|---|---|---|---|---|---|
| 398 NE 5th Street #2118, Miami, FL, 33132 | $1,190,000 | 3 | 3 | 1,135 | 1,135 SqFt |
| 50 Biscayne Blvd #4208, Miami, FL, 33132 | $875,000 | 3 | 2 | 1,357 | 1,357 SqFt |
| 601 NE 1st Avenue #2906, Miami, FL, 33132 | $432,888 | 1 | 1 | 411 | 411 SqFt |
| 1837 NE 4th Ave #1414, Miami, FL, 33132 | $734,845 | 1 | 1 | -- | |
| 601 NE 1st Avenue #2809, Miami, FL, 33132 | $483,888 | 1 | 1 | 679 | 679 SqFt |
| 234 NE 3rd St #2202, Miami, FL, 33132 | $440,000 | 2 | 2 | 1,078 | 1,078 SqFt |
| 601 NE 1 Ave #4704, Miami, FL, 33132 | $610,000 | 1 | 1 | 641 | 641 SqFt |
| 851 NE 1st Ave #PH 5411, Miami, FL, 33132 | $9,490,000 | 5 | 7 | 6,513 | 6,513 SqFt |
| 851 NE 1st Ave #7, Miami, FL, 33132 | $200,000 | 1 | 1 | -- | |
| 488 NE 18th St #501, Miami, FL, 33132 | $635,000 | 2 | 3 | 1,031 | 1,031 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/28/2026 @ 05:59
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