1-Bed Condominium at 501 FIRST RESIDENCES in Miami
$525,000
Listing courtesy of Cervera Real Estate Inc.; Patricio Orloff. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
1
1
606
Condominium, Residential
Details
Overview
Description
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.
This condominium home located at 121 NE 5 ST # 2908, Miami FL 33132 is currently for sale and has been available on Brickellsold for 124 days. This property is listed at $525K. It has 1 beds, 1 bathrooms, and is 606 square feet. It was built in 2025. 121 NE 5 ST # 2908, Miami FL 33132 is in Miami county Miami-Dade County.
Interior
- Flooring: Ceramic Floor, Tile
- Common walls with other units/homes: Corner Unit, High Rise
Property
- Parking Features: Valet
- Entry location: Interior Hall, Fire Sprinklers, Entrance Foyer
- Exterior Features: Open Balcony
- Has View: Yes
- View Description: Other View, Skyline, Water View
Construction
- New Construction: Yes
- Year Built: 2025
Community & HOA
- Security Features: Fire Sprinklers, Fire Alarm, Smoke Detector, Security Patrol
- Subdivision: 501 FIRST RESIDENCES
- Has HOA: Yes
- Amenities: Bike Storage, Billiard Room, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Kitchen Facilities, Pool, Spa/Hot Tub, Trash Chute
- HOA Fees: $877/mo
Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- School For Advanced Studies Wolfson • 0.0 mi • K-12
- New World School of the Arts • 0.0 mi • K-12
- Law Enforcement Officers Memorial Senior High • 0.0 mi • K-12
- School Board Adm - Main Building • 0.0 mi • K-12
- Anna Brenner Meyers Telecommunication Complex • 0.0 mi • K-12
- K-12 Distance Learning • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.
