1-Bed Condominium at 501 First Residences in Miami

$605,000

Listing courtesy of Luxe Properties; Lucas Echeverry. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedroom

1

bathroom

1

Square Footage

535

Type of Property

Condominium, Residential

Details

Overview

Sub Type
Condominium
Price Per Sqft
$1,131/sqft
Built In
2025
Association Fee
$877/mo HOA

Description

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.

This condominium home located at 121 NE 5th St # 2708, Miami FL 33132 is currently for sale and has been available on Brickellsold for 1 day. This property is listed at $605K. It has 1 beds, 1 bathrooms, and is 535 square feet. It was built in 2025. 121 NE 5th St # 2708, Miami FL 33132 is in Miami county Miami-Dade County.

Interior

Bedrooms
1
Bathrooms
1
Bathrooms Full
1
Features
  • Flooring: Vinyl
  • Common walls with other units/homes: Corner Unit, High Rise
Heating
Central
Cooling
Central Air
Appliances
Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
Total structure area
535
Total interior livable area
535 sqft

Property

Parking
  • Parking Features: On Street,Valet
Parcel Number
01-41-01-008-2960
Features
  • Entry location: Closet Cabinetry, Elevator, Fire Sprinklers
  • Exterior Features: Open Balcony
  • Has View: Yes
  • View Description: Bay, Skyline, Water View

Construction

Property subtype
Condominium, Residential
Attached to another structure
Yes
Materials
CBS Construction
Condition
  • New Construction: Yes
  • Year Built: 2025

Community & HOA

Community
  • Security Features: Fire Sprinklers, Fire Alarm, Smoke Detector, Card Entry, Lobby Secured, Security Patrol
  • Subdivision: 501 First Residences
HOA
  • Has HOA: Yes
  • Amenities: Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Kitchen Facilities, Pool, Sauna
  • HOA Fees: $877/mo
Region
Miami

Financial

Price Per Sqft
$1,131/sqft
Association Fee
$877/mo
On Market Date
8/26/2026
Listing Terms
All Cash, Conventional, FHA, VA Loan

Metadata

Added
8/27/2026
Updated
8/28/2026
MLS#
A12078643
Days on Market
1
Listed By
Luxe Properties
Originating MLS
A-Miami Association of REALTORS

Map

Price History

EventPriceDate
Original list price$605,000Aug 27, 2026

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