121 NE 5 ST # 2908, Miami FL 33132
121 NE 5 ST # 2908, Miami FL 33132
121 NE 5 ST # 2908, Miami FL 33132
121 NE 5 ST # 2908, Miami FL 33132
121 NE 5 ST # 2908, Miami FL 33132

Condominium

$485,000

121 NE 5 ST # 2908, Miami FL 33132

Miami, FL, 33132

1
Beds
1
Baths
535
Sqft

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.

Facts & features

Property type
Condominium
Year built
2025
Lot size
—
HOA fee
$877/mo
Waterfront
No
Private pool
No
Parking
Valet
Flooring
Ceramic Floor, Tile
Heating
Central, Electric
Cooling
Central Air, Electric

IDX listing data from the MIAMI Association of REALTORS®. Information deemed reliable but not guaranteed.

121 NE 5 ST # 2908, Miami FL 33132 — $485,000