Overview
- Condominium, Residential
- 1
- 1
- 2025
Description
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.
Address
Open on Google Maps- Address 121 NE 5 Street
- City Miami
- State/county FL
- Zip/Postal Code 33132
- Area Miami-Dade
Details
Updated on August 31, 2026 at 5:27 pm- Property ID: HZA12015913
- Price: $525,000
- Bedroom: 1
- Bathroom: 1
- Garage Size: x x
- Year Built: 2025
- Property Type: Condominium, Residential
- Property Status: Active, For Sale
Additional details
- Listing Terms: Cash
- Association Fee: 877.0
- Cooling: Central Air, Electric
- Heating: Central, Electric
- Flooring: Ceramic Tile, Tile
- County: Miami-Dade
- Property Type: Residential
- Pool: Association, Heated
- Parking: Valet
- Elementary School: Frederick Douglass
- Middle School: Jose De Diego
- High School: Booker T. Washington
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees