Property Description
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.
Details
| List Price: | $589,000 |
|---|---|
| Unit: | # 2908 |
| Address: | 121 5 ST #2908 Miami FL 33132 |
| Bedrooms: | 1 |
| Bathrooms: | 1 |
| Living Area (f2): | 606 |
| Living Area (M2): | 56 |
| Year Built: | 2025 |
| Waterfront: | n/a |
|---|---|
| Taxes: | TBD |
| Association Fee: | $877 (Monthly) |
| Complex: | 501 FIRST RESIDENCES |
| Days On Market: | 26 days |
| Pets Allowed: | No: No |
| Parking Spaces: | 0 |
| Parking Features: | Valet |
Property Amenities
Building 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
Appliances
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Ice Maker
- Microwave
- Electric Range
- Refrigerator
- Washer
Interior Features
- Interior Hall
- Fire Sprinklers
- Entrance Foyer
Exterior Features
- Open Balcony
Security Features
- Fire Sprinklers
- Fire Alarm
- Smoke Detector
- Security Patrol
