121 NE 5th St 2708 Miami, FL $ 605,000
121 NE 5th St 2708
$ 605,000
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121 NE 5th St 2708

Miami, FL, 33132
$ 605,000
Bedrooms1 Baths1.0 Sq 535

Monthly Estimate*

$ 3,820

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Condo for sale in Miami, FL

for $605,000 with 1 bedroom and 1 full bath. This 535 square foot condo was built in 2025.

Turnkey corner 1BR/1BA at 501 First Residences, Miami Worldcenter — a building with NO rental restrictions, where daily Airbnb/short-term rentals are fully permitted. Sold fully furnished and completely turnkey: start renting the day after closing. Currently a successful, income-producing short-term rental built to cover its own carrying costs. Corner unit with a wraparound balcony and city + bay views, full modern kitchen, in-unit washer/dryer, and central A/C. Building offers a rooftop pool + hot tub, fitness center, co-working spaces, resident lounges, BBQ terrace, and secure controlled-access entry. Steps to Metromover/Metrorail; 5 min to Brickell, 10 to Miami Beach, 15 to MIA. A rare, legally short-term-rentable condo in Downtown Miami.

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Condo Active

Price

$ 605,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 0

Style

Year Built

2025

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12078643

Features
General
Heating Central
Cooling Central Air
Possession Close Of Escrow
Appliances Dryer Dishwasher Ice Maker Microwave Refrigerator Trash Compactor Washer
HOA Fee 877
Garage Spaces 0
Association Fee Includes Amenities Maintenance Structure
Patio/Porch Features Balcony Open
Architectural Style High Rise
Pool Features Association
Security Features Fire Alarm Key Card Entry Lobby Secured Security Guard Fire Sprinkler System Smoke Detector(s)
Restrictions No Restrictions
Construction Materials Block
Pets Allowed No
Year Built 2025
View Bay City Water
Unit Number 2708
Property Subtype Condominium
Tax Year 2026
Waterfront Features Bayfront
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential
Association Amenities Clubhouse Community Kitchen Elevator(s) Fitness Center Barbecue Picnic Area Pool Sauna
Subdivision Name 501 First Residences
Garage Y/N false
Total Rooms 0
Full Baths 1
Status Active
City Miami
Disclosures None
Entry Location 27
Senior Community Y/N false
MLS Area 41
Lot Size Units Square Feet
Carport Spaces 0
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Property Attached Y/N true
Year Built Details New Construction
Tax Annual Amount 0
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12078643
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Condominium
Legal Description 501 FIRST RESIDENCES CONDO
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Interior
Interior Amenities Closet Cabinetry Living/Dining Room Elevator
Flooring Vinyl
Furnished Y/N Furnished
Total Stories 40
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 1
Entry Level 27
Total Baths 1
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Exterior
Exterior Amenities Balcony
Parking Features On Street Valet
Building Area Total 535
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Luxe Properties

Broker

lucas@luxeknows.com

Email

Affordability Calculator

$3,820
Per Month
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Monthly Principal & Interest
$3,820
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
8/27/2026$605,000 Listed Price

Map


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121 NE 5th St 2708, Miami, FL, 33132 is a Condo for sale at $605,000 with 535 sqft. 121 NE 5th St 2708 has 1 bedrooms, 1.0 baths, and was built in 2025. The property's zip code is 33132 which is in Miami, FL