121 NE 5 Street 2908, Miami, FL 33132

$485,000 · Active

  • 1 bed
  • 1 bath
  • 535 sq ft
  • Condominium
  • Built 2025
  • New Construction
  • HOA $877/mo
  • Miami-Dade County
  • MLS# A12015913
  • 501 First Residences
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About this home

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.

Video Tour

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Features

Schools

  • Elementary: Frederick Douglass
  • Middle: Jose De Diego
  • High: Booker T. Washington

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Cervera Real Estate Inc. · cervera@cervera.com · Listing agent: Patricio J Orloff

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 121 NE 5 Street 2908.

Questions About 121 NE 5 Street 2908

How much is 121 NE 5 Street 2908?
121 NE 5 Street 2908 is listed at $485,000, which is about $907 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 121 NE 5 Street 2908?
The listing reports an association fee of $877 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
When was 121 NE 5 Street 2908 built?
121 NE 5 Street 2908 was built in 2025 and the listing describes its condition as new construction. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 121 NE 5 Street 2908 been on the market?
121 NE 5 Street 2908 has been listed for 163 days, and the asking price has been reduced from $589,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 121 NE 5 Street 2908?
The MLS lists Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 121 NE 5 Street 2908?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 2 bedroom condo at 133 NE 2nd Avenue 512, Miami, FL 33132 is comparable and listed for sale at $420,000. Another comparable condo, 275 NE 18th Street 1705, Miami, FL 33132, sold for $398,000 in October 2026. Other Miami neighborhoods include Westwood Lake and Upper East Side. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Miami Beach, and Coconut Grove. Compare it with the Miami housing market report.