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 |
|---|---|---|---|---|---|
| 20 NE 11th St #3105, Miami, FL, 33132 | $625,000 | -- | 1 | 474 | -- |
| 11 NE 6th St #3209, Miami, FL, 33132 | $750,000 | 2 | 2 | 754 | -- |
| 253 NE 2nd St #3302, Miami, FL, 33132 | $618,000 | 2 | 2 | 1,203 | -- |
| 11 NE 6th St #2004, Miami, FL, 33132 | $555,000 | 1 | 1 | 600 | -- |
| 398 NE 5th Street #1515, Miami, FL, 33132 | $619,900 | 1 | 1 | 560 | -- |
| 1900 N Bayshore Drive #.., Miami, FL, 33132 | $900,000 | 3 | 3 | 1,494 | -- |
| 133 NE 2nd Ave #1103, Miami, FL, 33132 | $299,000 | 1 | 1 | 632 | -- |
| 1717 N Bayshore Drive #.., Miami, FL, 33132 | $535,000 | 2 | 2 | 1,154 | -- |
| 244 Biscayne Blvd #451, Miami, FL, 33132 | $330,000 | 1 | 2 | 978 | -- |
| 121 NE 5th St #3200, Miami, FL, 33132 | $468,000 | -- | 1 | 412 | -- |
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Nearby For Sale
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 09/13/2026 @ 06:46
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