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Condo for sale at 121 NE 5 Street #2908, Miami, FL 33132 | MLS# A12015913 | Listing updated on 2026-10-21
Photo 1 of Condo for sale at 121 NE 5 Street #2908, Miami, FL 33132 | MLS# A12015913 | Listing updated on 2026-10-21
Photo 2 of Condo for sale at 121 NE 5 Street #2908, Miami, FL 33132 | MLS# A12015913 | Listing updated on 2026-10-21
Photo 3 of Condo for sale at 121 NE 5 Street #2908, Miami, FL 33132 | MLS# A12015913 | Listing updated on 2026-10-21
Photo 4 of Condo for sale at 121 NE 5 Street #2908, Miami, FL 33132 | MLS# A12015913 | Listing updated on 2026-10-21
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$485,000

Monthly Est:$2,414

  • Beds Icon1 Bed
  • Beds Icon
    1 Bath
  • Beds Icon535sqft

121 NE 5 Street #2908, Miami, FL 33132

$2,414/moEst:

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  • Condominium

  • Built in 2025

  • $877/mo HOA

  • -- sqft lot

  • $907/sq.ft

Description

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.

  • Houzeo last checked: 8 minutes ago
  • Listing updated: October 21, 2026 at 9:29 pm
  • Listing Provided by: Patricio J Orloff (786) 548-2728 DRE #0628501 | Cervera Real Estate Inc. (305) 374-3434
  • Source: Beaches MLS-FL | MLS#: A12015913 Beaches MLS-FL

This condo is in:

Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    40

  • County

    Miami Dade County

  • City

    Miami

  • Neighborhood

    Mdcc

  • Year Built

    2025

  • HOA Fees

    $877/mo

  • Finished Area

    535 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Beaches MLS

  • MLS Number

    A12015913

  • MLS Status

    Active

  • Days on Market

    166

  • Cumulative Days on Market

    166

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Location

HOA Management

N/A

HOA Fees

$877/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Spa Spa

Pool Pool

Security Guard Security Guard

Maintenance Maintenance

Elevator Elevator

Club House Club House

Gym Gym

Sewer Sewer

Trash Pickup Trash Pickup

Parking Parking

Water Water

CommunityKitchen CommunityKitchen

LegalAccounting LegalAccounting

BilliardRoom BilliardRoom

BusinessCenter BusinessCenter

Pools Pools

Management Management

CommonAreas CommonAreas

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: 1

    Bathroom: 1

Interior

  • Heating

    Central, Electric

  • Exterior Features

    Balcony, Lighting, Outdoor Living Area

  • Appliances

    Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer

  • Interior Features

    Bedroom On Main Level, Entrance Foyer, Living Dining Room

  • Window Features

    Blinds

  • Flooring

    Ceramic Tile, Tile

  • Cooling

    Central Air, Electric

Construction

  • Year Built

    Year Built: 2025

  • Home type

    Condominium

  • Property Condition

    New Construction

  • Construction Materials

    Block

Utilities & Energy

  • Parking Features

    Valet

  • Pool Features

    Association, Heated

  • Security Features

    Fire Alarm, Fire Sprinkler System, Smoke Detectors, Security Guard

  • Electric

    Circuit Breakers

  • Association Amenities

    Billiard Room, Bike Storage, Business Center, Clubhouse, Community Kitchen, Fitness Center, Maintenance Grounds, Management, Pool, Spa Hot Tub, Trash, Elevators

Other Features

  • Subdivision Name

    501 First Residences

  • Patio And Porch Features

    Open, Porch, Wrap Around, Balcony

Price History

DateEventPrice

10/08/2026

Source: mls_logoBeaches MLS-FL #A12015913

Price Decreased

$485,000 -7.62%

$907/sqft

08/14/2026

Source: mls_logoBeaches MLS-FL #A12015913

Off Market

$525,000 -2.42%

$981/sqft

07/27/2026

Source: mls_logoBeaches MLS-FL #A12015913

Listed for Sale

$538,000 +21420.00%

$1,006/sqft

06/22/2026

Source: mls_logoMiami MLS-FL #A11966090

Sold

$2,500 -99.57%

$5/sqft

06/16/2026

Source: mls_logoBeaches MLS-FL #A12015913

Listed for Sale

$585,000 +23300.00%

$1,093/sqft

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Getting Around 121 NE 5 Street

Walk Score®

Walk Score

Walker's Paradise

96/100

Transit Score®

Transit Score

Rider's Paradise

100/100

Data provided by Redfin

Nearby Homes

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.

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