121 Ne 5 St Unit #2908, Miami, FL 33132

$525,000
1
BD
1
BA
606
SqFt

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List Price
$525,000
Price Change
▼ $13,000 1786744832
MLS#
A12015913
Complex Name
501 First Residences
Status
ACTIVE
Type
Condo
Bedrooms
1
Full baths
1
Living Area
606

Property Description

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 core, overlooking iconic landmarks like the Freedom Tower and the Kaseya 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.

Additional Information

Days on Market
126
Interior Features
Interior Hall, Fire Sprinklers, Entrance Foyer
Parcel Number
01-41-01-008-2980
Bedroom Description
Entry Level
Front Exposure
North
Exterior Features
Open Balcony
Association Fee
$877
Unit View
Other View, Skyline, Water View
Parking Restrictions
Valet
Pet Restrictions
No
Pets Allowed
Yes
Unit Number
2908
SqFt Liv Area
606
Amenities
Bike Storage, Billiard Room, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Kitchen Facilities, Pool, Spa/Hot Tub, Trash Chute
Year Built
2025
Special Information
New Construction
Style
Condo-Hotel, Condo
Restrictions
Other Restrictions
Development Name
501 First Residences
Construction Type
Concrete Block Construction
Section
1

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Calculator source: Real Geeks

Listing Courtesy of Cervera Real Estate Inc., Contact: