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121 NE 5th St #2908 Miami FL 33132

$589,000
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121 NE 5th St #2908, Miami, FL 33132, - MLS#A12015913 121 NE 5th St #2908, Miami, FL 33132, - MLS#A12015913 121 NE 5th St #2908, Miami, FL 33132, - MLS#A12015913 121 NE 5th St #2908, Miami, FL 33132, - MLS#A12015913

Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
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Overview of 121 Ne 5 St 2908

1 Bedrooms
1 Bathrooms
0 Car Garage
606 Square Feet
606SF Living Area
Pool:
No
Water: None
Year Built 2025
Listed For 2 Days

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.

This lovely condo was built in 2025 and features 1 bedrooms, and 1 full bathrooms. This condo for sale is 606 square feet, with 606 sq ft being air conditioned living space. The condo does not have a private swimming pool, although there is a community pool in the complex for use by residents.

29th-floor residence at 501 First offers high-demand skyline views, no rental restrictions, and a prime location in the heart of Miami.

Please contact your ZFC agent for more information about MLS# AX-12015913 or any other condos for sale in Miami or elsewhere in the Miami-Dade County area.

Features & Amenities

Appliances

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

Architecture

High Rise

Cooling

Central Air, Electric

Heating

Central, Electric

Flooring

Ceramic Tile, Tile

Parking

Valet

Lot Size

Square Feet

View

City, Other, Water view

Construction Materials

Block

Security Features

Security Guard, Fire Sprinkler System, Smoke Detectors

Interior Features

Bedroom On Main Level, Entrance Foyer, Living Dining Room

Furnished

Furnished

Exterior Features

Balcony, Security High Impact Doors, Porch

Building Features

Exterior Lighting

Patio And Porch Features

Balcony, Open, Wrap Around

Pool Features

Association, Heated

Window Features

Blinds, Impact Glass

Year Built

2025

Pets Allowed

No

Annual Real Estate Taxes

$0 (2026)

Legal Description

Condominium Parcel No. 2908 Of 501 First Residences Condominium

Property Type

Condominium

HOA Fees

$877 /Monthly

Association Fee Includes

Association Management, Amenities, Common Areas, Legal Accounting, Maintenance Structure, Pools, Sewer, Security, Trash, Water

Association Amenities

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

Direction Faces

North

MLS Number

A12015913

Universal Property Id

U S-12025-N-0141010082980-R-N

Days On Market

2

Community Name

501 First Residences

121 5 St Price Calculator

Get Mortgage Quote For This Condo

The payment calculator figures for 121 Ne 5 St 2908 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this condo for sale are estimated based on the actual property taxes for this property for the tax year 2026 which are $0 but will likely change when this condo sells. These estimations are calculated from a list price of $589,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the condo characteristics and location.

Recent Condo Sales near 121 5 St

Address Sale Price Bed Bth Size Location Sale Date
121 NE 5TH STREET #0 $Log in to view 1 2/0 659SF 501 First Residences 01/05/2026
1600 NE 1st Ave 3319 $Log in to view 1 1/0 752SF Canvas 02/18/2026
1600 NE 1st Ave 3719 $Log in to view 1 1/0 752SF Canvas 10/01/2025
488 NE 18th St 3204 $Log in to view 1 1/1 745SF Aria On The Bay 11/13/2025
234 NE 3rd Street 2206, Miami, FL 33132 $Log in to view 1 1/0 738SF The Loft Downtown Condo 02/26/2026
488 NE 18th St 205 $Log in to view 1 1/1 710SF Aria On The Bay 06/30/2025
488 NE 18th St 704 $Log in to view 1 1/1 706SF Aria On The Bay 12/29/2025
601 NE 1st Avenue 2707, Miami, FL 33132 $Log in to view 1 1/0 700SF Natiivo 10/20/2025
159 NE 6th St 3407 $Log in to view 1 1/0 696SF Gale Residences 12/12/2025
234 NE 3rd St 1105 $Log in to view 1 1/0 685SF The Loft Downtown Condo 10/20/2025
234 NE 3rd St 1805 $Log in to view 1 1/0 685SF The Loft 11/14/2025
1900 N Bayshore Dr 3617 $Log in to view 1 1/0 663SF Quantum On The Bay 11/10/2025

MLS# AX-12015913 Listing History

12/31/1969 Listed for sale by Cervera Real Estate Inc. with MLS# AX-12015913 with a list price of $589,000.

Miami-Dade County Schools

Public Transportation

Miami Dade Transit:

METROMOVER OMNI/BRICKELL OUTER LOOP

Miami Dade Transit:

METROMOVER INNER LOOP

Miami Dade Transit:

AVENTURA-DOWNTOWN VIA NE 2 AVE

Miami Dade Transit:

City of Miami - Coral Way Route

Miami Dade Transit:

DOWNTOWN-DOLPH MALL/AIRPORT VIA 7ST

This listing of 121 5 St Miami FL 33132 was last updated on 2026-05-10 06:00:13. Listing courtesy of Cervera Real Estate Inc..
MLS

Map of 121 5 St Miami FL 33132

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Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
Call Me
Text Me
Email Me
When clicking Submit Request, you are registering to this website and agreeing that ZFC Real Estate, its affiliates or associated third parties may contact you, including with calls or texts by automated means. You also agree to our Terms of Use and Privacy Policy

The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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