121 NE 5 Street Unit 2908, Miami, FL 33132

$485,000
1
BD
1
BA
535
SqFt

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List Price
$485,000
Price Change
▼ $40,000 1791515164
MLS#
A12015913
Bedrooms
1
Bathrooms
1
Sq. Ft
535
Subtype
Condominium
County
Miami-Dade
Subdivision
501 First Residences
Region
2410
Year Built
2025

Property Description

DRASTICALLY REDUCED FOR QUICK SALE!-RENTED FOR $2500 UNTIL 6/14/2027- BUYER HAS TO ASSUME CURRENT LEASE-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

Hoa Fee
$877
Hoa Freq
Monthly
Heating
Central, Electric
Cooling
Central Air, Electric
Exterior Features
Balcony, Lighting, Outdoor Living Area
Flooring
Ceramic Tile, Tile
Construction
Block
Living Area
535
Elementary School
Frederick Douglass
Middle School
Jose De Diego
High School
Booker T. Washington
Pets Allowed
No

Listing courtesy of Cervera Real Estate Inc.. Contact:

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