Miami, FL 33132 121 NE 5 Street 2908

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Presented By: Cervera Real Estate Inc.
  • MLS# A12015913
  • 05/08/2026
  • Request Tour
  • Request Info
  • Beds • 1
  • Baths • 1
  • SQFT • 606

Home Details

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.
Presented By: Cervera Real Estate Inc.

Interior Features for 121 NE 5 Street 2908

Bedrooms

Total Bedrooms1

Bathrooms

Half Baths0
Total Baths1

Other Interior Features

Air Conditioning Y/NYes
FlooringCeramicTile, Tile
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesBedroomOnMainLevel, EntranceFoyer, LivingDiningRoom
Total Stories40
Window FeaturesBlinds

Other Rooms

Entry Level29

General for 121 NE 5 Street 2908

AppliancesDryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, IceMaker, Microwave, Refrigerator, Washer
Assoc Fee Paid PerMonthly
Association AmenitiesBilliardRoom, BikeStorage, BusinessCenter, Clubhouse, CommunityKitchen, FitnessCenter, MaintenanceGrounds, Management, Pool, SpaHotTub, Trash, Elevators
Association Fee IncludesCommonAreas, LegalAccounting, MaintenanceGrounds, MaintenanceStructure, Pools, Sewer, Security, Trash, Water
Carport Spaces
CityMiami
Construction MaterialsBlock
CoolingCentralAir, Electric
CountyMiami-Dade
ElectricCircuitBreakers
Elementary SchoolFrederick Douglass
Facing DirectionNorth
Full Baths1
Garage Spaces
Garage Y/NNo
HOA Fee$877
HeatingCentral, Electric
High SchoolBooker T. Washington
Legal DescriptionCondominium Parcel No. 2908 of 501 FIRST RESIDENCES CONDOMINIUM
MLS Area2410
Middle/Junior High SchoolJose De Diego
New ConstructionYes
Occupancy TypeCallAgent
Patio/Porch FeaturesOpen, Porch, WrapAround, Balcony
Pets AllowedNo
Pool FeaturesAssociation, Heated
PossessionOther
PostalCityMiami
Property ConditionNewConstruction
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
Security FeaturesFireAlarm, FireSprinklerSystem, SmokeDetectors, SecurityGuard
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision Name501 FIRST RESIDENCES
Tax Annual Amount0
Tax Year2026
Unit Number2908
ViewCity, Other, Water
Virtual TourClick here
Year Built2025

Exterior for 121 NE 5 Street 2908

Covered Spaces
Exterior AmenitiesBalcony, Lighting, OutdoorLivingArea
Parking FeaturesValet
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Booker T. Washington High School
Middle School Jose De Diego Middle School

Betzabeth Diaz Rondon

Realtor®
Price $589,000
MLS#A12015913
List Date 05/08/2026
Property Type Condos
Phone 786.393.0659
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