121 NE 5 ST 2908 Miami, FL $ 589,000
121 NE 5 ST 2908
$ 589,000
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121 NE 5 ST 2908

Miami, FL, 33132
$ 589,000
Bedrooms1 Baths1.0 Sq 606

Monthly Estimate*

$ 3,627

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Condo for sale in Miami, FL

for $589,000 with 1 bedroom and 1 full bath. This 606 square foot condo was built in 2025.

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.

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Condo Active

Price

$ 589,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 0

Style

Year Built

2025

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12015913

Features
General
Heating Central Electric
Cooling Central Air Electric
Possession Other
Appliances Dryer Dishwasher Electric Range Electric Water Heater Disposal Ice Maker Microwave Refrigerator Washer
HOA Fee 877
Garage Spaces 0
Association Fee Includes Association Management Amenities Common Areas Legal/Accounting Maintenance Structure Pool(s) Sewer Security Trash Water
Patio/Porch Features Balcony Open Wrap Around
Architectural Style High Rise
Pool Features Association Heated
Security Features Security Guard Fire Sprinkler System Smoke Detector(s)
Restrictions Other Restrictions
Construction Materials Block
Pets Allowed No
Year Built 2025
View City Other Water
Unit Number 2908
Property Subtype Condominium
Tax Year 2026
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential
Association Amenities Billiard Room Bike Storage Business Center Clubhouse Community Kitchen Fitness Center Pool Spa/Hot Tub Trash Elevator(s)
Subdivision Name 501 FIRST RESIDENCES
Facing Direction North
Garage Y/N false
Building Features Exterior Lighting
Total Rooms 0
Full Baths 1
Status Active
City Miami
Disclosures None
Entry Location 29
Senior Community Y/N false
MLS Area 42
Lot Size Units Square Feet
Carport Spaces 0
Carport Y/N false
Listing Terms Cash
Property Attached Y/N true
Year Built Details New Construction
Tax Annual Amount 0
Lease Considered Y/N true
Virtual Tour https://www.zillow.com/view-imx/9de9bb8f-2a92-44ad-b547-4f94f1e48ed1?setAttribution=mls&wl=true&initialViewType=pano
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Condominium
Legal Description Condominium Parcel No. 2908 of 501 FIRST RESIDENCES CONDOMINIUM
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Interior
Interior Amenities Bedroom on Main Level Entrance Foyer Living/Dining Room
Flooring Ceramic Tile Tile
Furnished Y/N Furnished
Total Stories 40
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Impact Glass
Half Baths 0
Total Bedrooms 1
Entry Level 29
Total Baths 1
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Exterior
Exterior Amenities Balcony Security/High Impact Doors Porch
Parking Features Valet
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Cervera Real Estate Inc.

Broker

orloffpat@gmail.com

Email

Affordability Calculator

$3,627
Per Month
100%
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Monthly Principal & Interest
$3,627
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2026$589,000 Listed Price

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121 NE 5 ST 2908, Miami, FL, 33132 is a Condo for sale at $589,000 with 606 sqft. 121 NE 5 ST 2908 has 1 bedrooms, 1.0 baths, and was built in 2025. The property's zip code is 33132 which is in Miami, FL