121 NE 5 ST 2908, Miami, FL 33132

• 1 bed |
• 1 bath |
• 606 sqft

Property Description

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.

Listing Status:

Active

Date Added:

May 8, 2026

Data Last Updated:

May 12, 2026 at 6:07AM

Listing Office:

Cervera Real Estate Inc. : 305-374-3434

Listing Agent:

Patricio Orloff : 786-548-2728

MLS ID:

A12015913

Interior

• General: Interior HallFire SprinklersEntrance Foyer
• Appliances: DishwasherDisposalDryerElectric Water HeaterIce MakerMicrowaveElectric RangeRefrigeratorWasher
• Flooring: Ceramic FloorTile
• A/C: Central AirElectric
• Heating: CentralElectric

Exterior

• General: Open Balcony
• Style: Corner UnitHigh Rise
• Other Structures: Open BalconyWrap Around
• Parking: Valet

Construction

• Windows: Complete Impact GlassBlindsImpact Glass
• General: Concrete Block Construction

Location

• HOA Amenities: Bike StorageBilliard RoomBusiness CenterClubhouse-ClubroomCommunity RoomElevator(s)Exercise RoomExterior LightingHeated PoolKitchen FacilitiesPoolSpa/Hot TubTrash Chute877.0Monthly
• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: Condominium Parcel No. 2908 of 501 FIRST RESIDENCES CONDOMINIUM01-41-01-008-2980
• View: Other ViewSkylineWater ViewView

Utilities

• Utilities: Circuit Breakers

Financial

• Source: Miami Association of REALTORS®