Basic Information

  • Type Condominium
  • Status Active
  • Subdivision/Complex 501 First Residences
  • Year Built 2025
  • Total Sqft 606
  • Date Listed 05/08/2026
  • Days on Market 1
Description

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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Condominium

Interior Features

  • Adjusted Sqft 606Sq.Ft
  • Sqft 606Sq.Ft

Property Features

  • Address 121 NE 5th St #2908
  • Association Fee Frequency Monthly
  • City Miami
  • County Miami- Dade
  • Direction Faces North
  • Furnished Info yes
  • Occupant Type Call Agent
  • Pets Allowed No
  • Postal City Miami
  • Public Survey Township 1
  • HOA Fees $877
  • Subdivision Complex 501 First Residences
  • Subdivision Info 501 First Residences
  • Tax Amount $0
  • Tax Legal desc Condominium Parcel No. 2908 of 501 FIRST RESIDENCES CONDOMINIUM
  • Tax Year 2026
  • Type of Property Condominium
  • Year Built Details New Construction

121 NE 5th St #2908

Miami, FL 33132

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