501 First Residences Unit 2908 For Sale
Property Details
| Asking Price | $485,000 |
|---|---|
| Price per SqFt | $907 |
| Maintenance Fee | $877 Monthly |
| Property Taxes | Not yet assessed |
| Interior Space | 535 SqFt |
| Beds/Baths | 1/1 |
| Furnished | Yes |
| Year Built | 2025 |
| MLS # | A12015913 |
Location
From the listing
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.
Listed by Cervera Real Estate Inc.
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $877 a month. MLS figures, which may not be accurate.
Sales History for This Home · 501 First Residences Unit 2908
Sales history is unavailable for this property
Listed by Cervera Real Estate Inc.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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121 NE 5 Street 2908, Miami · MLS A12015913 · $485,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.