121 NE 5 St #2908, Miami, FL 33132
As of , this 1 bedroom, 1 bath condo at 501 First Residences is for sale at $485,000 ($907 per sq ft). It was listed on .
MLS data updated .
Key facts
- Type
- Condo
- Year built
- 2025
- HOA fee
- $877 / month
- View
- Other, Skyline, Water
- Waterfront
- No
- Pets
- No pets
- Cooling
- Central Air, Electric
- Heating
- Central, Electric
- MLS number
- A12015913
Listing information
Listing courtesy of Cervera Real Estate Inc, 305-374-3434, cervera@cervera.com
Listing agent: Patricio J Orloff, orloffpat@gmail.com
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MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.
Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.
Listing last changed .
From the listing
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.
The text above is the listing description from the MLS, as written by the listing agent.
The building
501 First ResidencesAs of , 501 First Residences has 43 condos for sale, most from $435,000 to $929,000, and 29 for rent. The median asking price is $1,115 per sq ft.See all units and prices in this buildingThe Miami market
As of , the median asking price in Miami is $639,000, or $497 per sq ft, across 8,404 listings for sale. The median listing for sale there has been on the market for 91 days.
Price and status history
- Listing date
- Days on market
- 166
- Original list price
- $589,000
- Price changes
- 1
| Date | Event | Price |
|---|---|---|
| Price changed | $589,000 → $485,000 | |
| Listed | $589,000 |
From the MLS. RealVista does not show sold prices.
