121 NE 5 Street 2908, Miami, FL 33132

Listing Snapshot

About This Home

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.

General Features

Property Type

Residential

Sub-type

Condominium

Stories

40

Direction Faces

North

Parking

Valet

Security

FireAlarm,FireSprinklerSystem,SmokeDetectors,SecurityGuard

Subdivision

501 FIRST RESIDENCES

Interior Features

Appliances

Dryer,Dishwasher,ElectricRange,ElectricWaterHeater,Disposal,IceMaker,Microwave,Refrigerator,Washer

Flooring

CeramicTile,Tile

Heating

Central,Electric

Cooling

CentralAir,Electric

Interior Features

BedroomOnMainLevel,EntranceFoyer,LivingDiningRoom

Window Features

Blinds

Furnished

Furnished

Exterior Features

Construction

Block

Exterior Features

Balcony,Lighting,OutdoorLivingArea

Patio / Porch

Open,Porch,WrapAround,Balcony

Pool Features

Association,Heated

View

City,Other,Water

Waterfront

No

Community Features

Association Amenities

BilliardRoom,BikeStorage,BusinessCenter,Clubhouse,CommunityKitchen,FitnessCenter,MaintenanceGrounds,Management,Pool,SpaHotTub,Trash,Elevators

Association Dues

$877 / monthly

MLS Area

2410

Schools

Map

Virtual Tour