Condo in 121 NE 5th Street 2708, Miami, FL 33132 for sale with MLS# A12078643
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.
121 NE 5th Street 2708, Miami, FL 33132
Price
- Price:
- $605,000.00
- Original List Price:
- $605,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,130.84
- More Listings Same Building:
- 501 First Residences in 121 5 Street Miami
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 27, 2026 4:00 am
Rooms Distribution
- Bedrooms:
- 1
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Master Bedroom Bath:
- Separate Shower
- Dining Area:
- Dining/Living Room
Measures
- Living Area:
- 535 Sqft
- Built-Up Area:
- 535 Sqft
Property Features
- View from the Property:
- Water, Bay, Skyline
- Waterfront:
- Yes
- Waterfront Features:
- Bayfront
- Security:
- Smoke Detector(s), Fire Sprinkler System, Key Card Entry, Security System, Fire Alarm, Security Patrol
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Trash Compactor, Ice Maker
- Interior:
- Closet Cabinetry, Elevator
- Exterior:
- Balcony
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Unit Description:
- Corner/end Unit, High Rise
- Balcony Details:
- Balcony - Open
Construction
- Year Built:
- 2025
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Vinyl
- Number of stories:
- 40
- Property Condition:
- New Construction
Taxes and Expenses
- Tax Year:
- 2026
- Association Fee:
- $877.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- New Construction
Parking
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Valet, On Street
Community
- Association
- Application Required
- Application Fee:
- $100.00
- Application Information:
- 3-4 Weeks Approval
- Association Type:
- Homeowner Association
- Lease Number Times per Year Allowed:
- 365
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Sauna, Kitchen Facilities, Clubhouse, Maintenance, Elevator(s), Fitness Center, Picnic Area
- Subdivision Name:
- 501 First Residences
- Association Fee Includes:
- Maintenance Structure
- Senior Community:
- No
- Development Name:
- 501 First Residences
- Restrictions:
- No Restrictions
- Minimum Days per Lease:
- 1
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, VA Loan
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- 501 FIRST RESIDENCES CONDO
- Real Estate Folio Number (Parcel Number):
- 0141010082960
Public Schools Assigned
- Elementary School:
- Bay Lake Elementary
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
Listing History
- Active on the market since:
- August 27, 2026
- Listing Agreement executed on:
- August 27, 2026
- Listing Status Last Changed On:
- August 27, 2026 4:00 am
- Photos updated on:
- August 29, 2026 1:19 am
- Last Modified:
- August 29, 2026 1:19 am
Additional Information
- Courtesy of:
- Luxe Properties
- Attribution:
- Not provided
Location
- Floor Number:
- 27
- Street Name:
- 5th
- Street Number:
- 121
- Unit Number:
- 2708
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 45.6''
- Longitude:
- W81° 48' 29.5''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE
Property Map
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$109,505
Median Home Value
$545,100
Median Rent
$2,534/mo
Median Age
34
Population
18,244
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
35
Good
☀️ O3
35
Good
🫁 PM2.5
35
Good
Ver la propiedad 121 NE 5th Street 2708, Miami, FL 33132
