501 First Residences 1 bedroom Condo For Sale
121 Ne 5 St, Unit 2908, Miami, FL 33132

$589,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11966090
  • Virtual Tour: YES
  • Unit Number:2908
  • List Price: $589,000
  • Living Area: 606 Ft² / 56 M²
  • Price Per Foot/Meter: $972 / $10,462
  • Bedrooms:1
  • Full Baths:1
  • Maintenance:$877
  • Year Built:2025
  • Listing Date:May 8, 2026

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.

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Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker