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Slice RealtyPropiedad Futura

$485,000

1 bd · 1 ba · 535 sq ft · Condominium

121 NE 5 ST # 2908, Miami FL 33132

For Sale · Active listing

Est. payment $2,665/mo · Mortgage calculator

Listed by Cervera Real Estate Inc. / Patricio Orloff

Contact: 786-548-2728 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

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.

Facts
MLS #
A12015913
Subdivision
501 FIRST RESIDENCES
Property type
Residential
Property subtype
Condominium
Sq. ft.
535
Price per sq. ft.
$907 / sq ft
Year built
2025 (New Construction)
Days on market
167
County
Miami-Dade County
Date listed
May 8, 2026
Last updated
Oct 22, 2026
Financial considerations
HOA fee
$877 monthly
HOA amenities
Bike Storage, Billiard Room, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Kitchen Facilities, Pool, Spa/Hot Tub, Trash Chute
Exterior features
Waterfront
No
View
Other View, Skyline, Water View
Construction
Concrete Block Construction
Additional features
Open Balcony
Interior features
Furnished
Furnished
Heating
Central, Electric
Cooling
Central Air, Electric
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
Window features
Complete Impact Glass, Blinds, Impact Glass
Additional features
Interior Hall, Fire Sprinklers, Entrance Foyer
Additional features
Pets allowed
No
Security
Fire Sprinklers, Fire Alarm, Smoke Detector, Security Patrol

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.

Loan amount$388,000
Total cost of mortgage$959,505
Monthly payment$2,665

Local context (our analysis)

Area stats are available for our covered neighborhoods. See neighborhoods.

Source: Southeast Florida MLS (SEFMLS). Last updated Oct 22, 2026, 11:23 AM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided 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.