
121 NE 5th St # 2708, Miami, FL 33132
Miami, FL 33132 · 501 First Residences
Description of 121 NE 5th St # 2708, Miami, FL 33132
Turnkey corner 1BR/1BA at 501 First Residences, Miami Worldcenter — a building with NO rental restrictions, where daily Airbnb/short-term rentals are fully permitted. Sold fully furnished and completely turnkey: start renting the day after closing. Currently a successful, income-producing short-term rental built to cover its own carrying costs. Corner unit with a wraparound balcony and city + bay views, full modern kitchen, in-unit washer/dryer, and central A/C. Building offers a rooftop pool + hot tub, fitness center, co-working spaces, resident lounges, BBQ terrace, and secure controlled-access entry. Steps to Metromover/Metrorail; 5 min to Brickell, 10 to Miami Beach, 15 to MIA. A rare, legally short-term-rentable condo in Downtown Miami.
Property Details for 121 NE 5th St # 2708, Miami, FL 33132
- Bathrooms Full
- 1
- Bathrooms Half
- 0
- Interior Features
- Closet Cabinetry, Elevator, Fire Sprinklers
- Appliances
- Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
- Flooring
- Vinyl
- Heating
- Central
- Cooling
- Central Air
- Furnished
- Furnished
- Architectural Style
- Corner Unit, High Rise
- Garage Spaces
- 0
- Parking Features
- On Street, Valet
- Pool Private
- No
- Year Built Details
- New Construction
- Property Condition
- New Construction
Building Information for 121 NE 5th St # 2708, Miami, FL 33132
- Building Name
- 501 First Residences
- Building Area Total
- 535
- Building Area Units
- Square Feet
- Stories Total
- 40
- Entry Level
- 27
- Association
- Yes
- Association Fee
- $877
- Association Fee Frequency
- Monthly
- Association Amenities
- Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Kitchen Facilities, Pool, Sauna
- Pets Allowed
- No
- Security Features
- Fire Sprinklers, Fire Alarm, Smoke Detector, Card Entry, Lobby Secured, Security Patrol
Property Information for 121 NE 5th St # 2708, Miami, FL 33132
- Lot Size Square Feet
- 0
- Waterfront
- Yes
- View
- Bay, Skyline, Water View
- Construction Materials
- CBS Construction
- Exterior Features
- Open Balcony
- New Construction
- Yes
Public Records for 121 NE 5th St # 2708, Miami, FL 33132
- Parcel Number
- 01-41-01-008-2960
- Tax Annual Amount
- 0
- Tax Year
- 2,026
- Tax Legal Description
- 501 FIRST RESIDENCES CONDO
- County Or Parish
- Miami-Dade County
Location
121 NE 5th St # 2708, Miami, FL 33132 · See all Miami condos for sale
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More information about 121 NE 5th St # 2708, Miami, FL 33132
121 NE 5th St # 2708 is a condo for sale in Miami, FL 33132. This property was listed for sale on August 27, 2026 by Luxe Properties, it's currently listed at $605,000. This listing's school district is Miami-Dade County Public Schools. 121 NE 5th St # 2708 is a 1-bed, 1-bath, 535 sqft condo built in 2025.