HOMES BY DARCI
Southern Key Realty
121 NE 5 Street 2908 Miami FL 33132
Water Views - New Construction
Address
121 Ne 5 Street 2908, Miami, FL
Price
$ 589,000
Property Attributes
- MLS#A12015913
- TypeCondos
- Listing Status Active
- CountyMiami-Dade
- CityMiami
- Area2410
- Neighborhood501 FIRST RESIDENCES
- Zip33132
- Style
- Year Built2025
- Price$ 589,000
- Bedrooms1
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage606
Data Source:
Beaches MLS (FL)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Frederick Douglass Elementary School | Jose De Diego Middle School | Booker T. Washington High School |
| Price History | |
|---|---|
| 6/9/2026 | Listed $589,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Central Air,Electric |
| Possession | Other |
| Appliances | Dryer,Dishwasher,Electric Range,Electric Water Heater,Disposal,Ice Maker,Microwave,Refrigerator,Washer |
| HOA Fee | 877 |
| Association Fee Includes | Common Areas,Legal/Accounting,Maintenance Grounds,Maintenance Structure,Pool(s),Sewer,Security,Trash,Water |
| Patio/Porch Features | Open,Porch,Wrap Around,Balcony |
| Pool Features | Association,Heated |
| Security Features | Fire Alarm,Fire Sprinkler System,Smoke Detector(s),Security Guard |
| Construction Materials | Block |
| Pets Allowed | No |
| Year Built | 2025 |
| Electric | Circuit Breakers |
| View | City,Other,Water |
| Unit Number | 2908 |
| Property Subtype | Condominium |
| Tax Year | 2026 |
| Assoc Fee Paid Per | Monthly |
| County | Miami-Dade |
| New Construction | true |
| Property Type | Residential |
| Association Amenities | Billiard Room,Bike Storage,Business Center,Clubhouse,Community Kitchen,Fitness Center,Maintenance Grounds,Management,Pool,Spa/Hot Tub,Trash,Elevator(s) |
| Subdivision Name | 501 FIRST RESIDENCES |
| Facing Direction | North |
| Garage Y/N | false |
| Full Baths | 1 |
| Status | Active |
| High School | Booker T. Washington |
| City | Miami |
| Senior Community Y/N | false |
| MLS Area | 2410 |
| Elementary School | Frederick Douglass |
| Middle/Junior High School | Jose De Diego |
| Property Condition | New Construction |
| Virtual Tour | https://youtube.com/shorts/PVCk2W0YXxM |
| Standard Status | Active |
| Occupancy Type | Call Agent |
| Property Sub Type Additional | Condominium |
| PostalCity | Miami |
| Legal Description | Condominium Parcel No. 2908 of 501 FIRST RESIDENCES CONDOMINIUM |
Interior Features
| Interior Amenities | Bedroom on Main Level,Entrance Foyer,Living/Dining Room |
|---|---|
| Flooring | Ceramic Tile,Tile |
| Furnished Y/N | Furnished |
| Total Stories | 40 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Blinds |
| Total Bedrooms | 1 |
| Entry Level | 29 |
| Total Baths | 1 |
Exterior Features
| Exterior Amenities | Balcony,Lighting,Outdoor Living Area |
|---|---|
| Parking Features | Valet |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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Price
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