121 NE 5 ST # 2908, Miami FL 33132, photo 1
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$589,000

CondominiumActive
⏱️ Listed 4 days ago
1Beds
1Baths
606Sq Ft
2025Built

121 NE 5 ST # 2908, Miami FL 33132

MLS #A12015913

About This Property

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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Marie I. Sanjurjo
Licensed Broker
Blue Mar Real Estate Group
📞 (305) 680-5672✉️ marie@bluemargroup.com

About Downtown Miami

Downtown Miami has transformed into a dense urban neighborhood with Kaseya Center (home of the Miami Heat), Bayside Marketplace, the Perez Art Museum, Frost Science Museum, and Bayfront Park within walking distance of each other. The Miami Riverwalk connects downtown to Brickell along the water, and the Metromover provides free transit throughout the core. Condos range from new construction towers to renovated historic buildings, attracting first-time buyers, investors, and downtown professionals.

Explore Downtown Miami📊 Downtown Miami market report

Property Details

Property Type

Condominium

Year Built

2025

Living Area

606 sq ft

Bedrooms

1

Bathrooms

1

Pool

No

Waterfront

No

Cooling

Central Air, Electric

Heating

Central, Electric

Flooring

Ceramic Floor, Tile

Construction

Concrete Block Construction

Style

Corner Unit, High Rise

HOA Fee

$877 / Monthly

Days on Market

3

MLS #

A12015913

Features & Amenities

Interior

Interior HallFire SprinklersEntrance Foyer

Appliances

DishwasherDisposalDryerElectric Water HeaterIce MakerMicrowaveElectric RangeRefrigeratorWasher

Exterior

Open Balcony

Other

Valet

Nearby Schools

Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.

Assigned Public Schools
Elementary
Douglass, Frederick Elementary
Grades K-5
314 NW 12 St., Miami 33136
Middle
Jose de Diego MS
Grades 6-8
3100 NW 5 Ave., Miami 33127
High
Washington, Booker T. Senior High
Grades 9-12
1200 NW 6th Ave., Miami 33136
Private Schools Within 5 Miles
KLA Schools of Brickell0.8 mi
600 SW 1st Ave, Miami
KLA Elementary0.8 mi
625 SW 1st Ave, Miami
Brickell Heights Elementary0.9 mi
25 SW 9th St, Miami
Lincoln-Marti Schools - 8th Ave1.0 mi
221 NW 8th Ave, Miami
Lincoln-Marti Schools - 01-9531.2 mi
953 SW 1st St, Miami
Lincoln-Marti Community Agency 801.4 mi
880 SW 8th St, Miami
La Prima Casa Montessori - Brickell Campus1.6 mi
1770 Brickell Ave, Miami
Debbie School UM1.6 mi
1611 NW 12th Ave, Miami

School data source: Miami-Dade County Open Data Hub

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Location

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City

Miami

State

FL

ZIP Code

33132

County

Miami-Dade County

$589,000
121 NE 5 ST # 2908, Miami FL 33132
1Beds
1Baths
606Sq Ft
📞 (305) 680-5672

Listing provided by Patricio Orloff at Cervera Real Estate Inc.. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12015913.