121 NE 5 Street 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:

June 11, 2026 at 12:30AM

Listing Office:

Cervera Real Estate Inc. : 305-374-3434

Listing Agent:

Patricio J Orloff : 786-548-2728

MLS ID:

A12015913

Interior

• General: Bedroom on Main LevelEntrance FoyerLiving/Dining Room
• Appliances: DryerDishwasherElectric RangeElectric Water HeaterDisposalIce MakerMicrowaveRefrigeratorWasher
• Flooring: Ceramic TileTile
• A/C: Central AirElectric
• Heating: CentralElectric

Exterior

• General: BalconyLightingOutdoor Living Area
• Other Structures: PorchBalconyWrap AroundOpen
• Pool: AssociationHeated
• Parking: Valet

Construction

• Windows: Blinds
• General: Block40

Location

• HOA Amenities: Billiard RoomBike StorageBusiness CenterClubhouseCommunity KitchenFitness CenterMaintenance GroundsManagementPoolSpa/Hot TubTrashElevator(s)Common AreasLegal/AccountingMaintenance GroundsMaintenance StructurePool(s)SewerSecurityTrashWater877.0Monthly
• Originating MLS: BEACH_MIAMI
• County: Miami-Dade

Lot

• Zoning: Condominium Parcel No. 2908 of 501 FIRST RESIDENCES CONDOMINIUM0141010082980
• View: CityOtherWaterView

Utilities

• Utilities: Circuit Breakers

Financial

• Source: BEACH_MIAMI