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

$538,000
1
BD
1
BA
606
SqFt

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List Price
$538,000
Price Change
▼ $47,000 1785201563
MLS#
A12015913
Bedrooms
1
Bathrooms
1
Sq. Ft
606
Subtype
Condominium
County
Miami-Dade
Community
501 First Residences
Subdivision
501 First Residences
Year Built
2025

Property Description

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 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

Front Exposure
North
Hoa
Yes
Hoa Amount
877
Pets Allowed
Yes
Status Label
ACTIVE
Unit Floor Number
29
Construction
Concrete Block Construction
Cooling
Central Air, Electric
Equipment
Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
Flooring
Ceramic Floor, Tile
Furnished
Furnished
Heating
Central, Electric
Parking
Valet
Bedroom Description
Entry Level
Security
Fire Sprinklers, Fire Alarm, Smoke Detector, Security Patrol
Special Information
New Construction
View
Other View, Skyline, Water View
Unit Number
2908
Total Floors
40
Stories
40
Price Per Sqft
$887

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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of Cervera Real Estate Inc., Contact: