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121 NE 5 Street #2908, Miami, FL - photo 1

$485,000

121 NE 5 Street #2908

Miami, FL 33132

Estimated payment $2,910/month

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1Beds
1Baths
535Sq Ft
$907Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

HOA $877/mo
Built in 2025

About This Home

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.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:1
  • •Bathrooms:1
  • •Full bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:535 sqft
  • •Total interior livable area:535 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:N/A

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Condominium
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:2025

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Price history

DateEventPrice
2026-05-08T00:00:00.000ZListed for sale$485,000$907/sqft

Listing Agent

Patricio J Orloff

Cervera Real Estate Inc.

Brokerage Phone: 305-374-3434

Source: Beaches MLS · MLS #A12015913

Data Powered by Home Junction, Inc.

Nearby

Schools

MIAMI DADE COLLEGE - MITCHELL WOLFSON CAMPUS

0.1 mi

NEW WORLD SCHOOL OF THE ARTS

High · 0.2 mi

SCHOOL FOR ADVANCED STUDIES-WOLFSON

High · 0.2 mi

Supermarkets

Diageo North America

0.2 mi

Miami Souvenirs

0.3 mi

Red Apple Market

0.3 mi

Dining

Macondo Coffee Roasters

0.2 mi

Chick-fil-A

0.2 mi

Bubba Gump Shrimp Co.

0.3 mi

Parks

Dan Paul Park

0.4 mi

Maurice A. Ferré Park

0.4 mi

Bayfront Park

0.4 mi

Beaches

Hobie Island Beach

2.3 mi

Hobie Island Beach Park

2.6 mi

South Pointe Beach

3.9 mi

Nearby amenity locations include data © OpenStreetMap contributors.