Condo in Miami, FL 33132
121 NE 5th St #2908

Own in Miami?
1
Beds
1
Baths
535
SqFt
$907
$/SqFt
Condo
Built in 2025
Other,Skyline,Water View
$877/mo HOA
High Rise
Balcony
NEW CONSTRUCTION ~Blt. 2025
New Construction is the listings in the subdivision built in the last 2 years and in most cases never been occupied.
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.
MLS Number: A12015913
On Site: 159 Days
Updated: 0 Days ago
Page Views: 0
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Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors, Porch
  • View: Other,Skyline,Water
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, EntranceFoyer, LivingDiningRoom
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, IceMaker, Microwave, Refrigerator, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: CeramicTile,Tile
  • Windows/Treatment: Blinds,ImpactGlass
  • Year Built: 2025
  • Year Built Description: New Construction
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2026-05-08T17:36:24.000-00:00
    • Directions: North
    • Pets Allowed: No
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, Amenities, CommonAreas, LegalAccounting, MaintenanceStructure, Pools, Sewer, Security, Trash, Water
    • Taxes: No info
    • Security Information: SecurityGuard, FireSprinklerSystem, SmokeDetectors
    • Parking Description: Valet
    • Total Floors in Building: 40

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    Price History

    Current
    $485K
    High
    $589K
    Low
    $485K
    Total Change
    -17.7%
    $601K$537K$473KMay 26Jun 26Jun 26Jun 26Jul 26Aug 26Oct 26
    Date
    Event
    Price
    Change
    Price Per
    10/08/2026
    Price Reduced
    $485K
    -7.62%
    $907 ft2
    $9,758 m2
    08/14/2026
    Price Reduced
    $525K
    -2.42%
    $981 ft2
    $10,563 m2
    07/27/2026
    Price Reduced
    $538K
    -8.03%
    $1,006 ft2
    $10,824 m2
    06/16/2026
    Price Reduced
    $585K
    0%
    $1,093 ft2
    $11,770 m2
    06/16/2026
    Price Reduced
    $585K
    -0.68%
    $1,093 ft2
    $11,770 m2
    06/09/2026
    Price Reduced
    $589K
    0%
    $1,101 ft2
    $11,850 m2
    05/08/2026
    Listed
    $589K
     
    $1,101 ft2
    $11,850 m2
    10/08/2026
    $485K
    Event
    Price Reduced
    Change
    -7.62%
    Price Per
    $907 ft2
    $9,758 m2
    08/14/2026
    $525K
    Event
    Price Reduced
    Change
    -2.42%
    Price Per
    $981 ft2
    $10,563 m2
    07/27/2026
    $538K
    Event
    Price Reduced
    Change
    -8.03%
    Price Per
    $1,006 ft2
    $10,824 m2
    06/16/2026
    $585K
    Event
    Price Reduced
    Change
    0%
    Price Per
    $1,093 ft2
    $11,770 m2
    06/16/2026
    $585K
    Event
    Price Reduced
    Change
    -0.68%
    Price Per
    $1,093 ft2
    $11,770 m2
    06/09/2026
    $589K
    Event
    Price Reduced
    Change
    0%
    Price Per
    $1,101 ft2
    $11,850 m2
    05/08/2026
    $589K
    Event
    Listed
    Price Per
    $1,101 ft2
    $11,850 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Patricio Orloff • Cervera Real Estate Inc. • Buyer Agency Compensation .
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