FLORIDA LUXReal Estate

121 NE 5th St # 2708, Miami, FL 33132

$605,0001 Beds1 Baths535 Sq. Ft.$1,131 / sq. ft.

Miami, FL 33132 · 501 First Residences

Status
Active
Type
Condominium
Year Built
2025
Days on Market
0
MLS #
A12078643
County
Miami-Dade County

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

Courtesy of Luxe Properties

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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.