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121 NE 5 ST #2908

$525,000

1 bd · 1 ba · 606 sqft · 501 First Residences · Downtown

24% below 501 First Residences’s asking median $/sqftPrice cut -11% · was $589,000
Negotiation read: Already reduced 11% from the original ask.
Status
For sale
Price per sqft
$866/sqft
HOA
$877/mo
Year built
2025
Floor
29
Parking
0
Furnished
Furnished
View
Other View, Skyline, Water View
Waterfront
No
Days on market
130
Listed
May 8, 2026
MLS #
A12015913

Highlights from the listing

Pulled from the MLS description. Verify with the listing agent.

Rental income in place

RENTED FOR $2500 UNTIL 6/14/2027

Short-term leases OK

short-term rental income

About this unit

This newly completed 29th-floor residence in the Worldcenter district offers a modern floorplan and expansive views of the urban core, including the Freedom Tower and Kaseya Center. The 1-bedroom, 1-bathroom unit features 535 square feet of interior living space and an 86-square-foot balcony. Located in a prime location, the property is situated near the Brightline high-speed rail station, local dining, and the Miami Heat arena. The building allows for short-term rentals

Listing courtesy of Cervera Real Estate Inc. — Patricio Orloff (Lic. #0628501) · MLS #A12015913 · Updated Sep 15, 2026

Neighborhood & lifestyle

What's around this home in Downtown — transit, parks, dining and landmarks within reach.

Nearby & transit
MetromoverMetrorail (Government Center)Bayfront ParkBayside MarketplaceKaseya CenterMiami Riverwalk

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