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121 NE 5th St Unit 2708, Miami, Florida 33132

Active For Sale
$605,000
  • Beds 1
  • Baths 1
  • Sq Ft 535 Sqft
  • Visits: 3 in 6 days

Description

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.

Features

  • Swimming Pool: Association
  • Heating System: Central
  • Cooling System: Central Air
  • Patio: Balcony, Open
  • Parking: Valet, On Street

Appliances

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer, Trash Compactor, Ice Maker

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: 501 First Residences
  • Zipcode: 33132
  • Street: 5th St
  • Street Number: 121
  • Floor Number: 0
  • Longitude: W81° 48' 30''
  • Latitude: N25° 46' 45.3''
  • UnitNumber: 2708
  • Street Dir Prefix: NE
  • MLS Area: 41

MLS Addon

  • Architectural Style: High Rise
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Pool, Sauna, Community Kitchen, Barbecue, Picnic Area
  • Association Fee: $877
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Amenities, Maintenance Structure
  • Close Price: $0
  • Exterior Features: Balcony
  • Flooring: Vinyl
  • Insurance Expense: $0
  • Interior Features: Living/Dining Room, Closet Cabinetry, Elevator
  • New Taxes Expense: $0
  • Stories Total: 40
  • Tax Annual Amount: $0

Location

Listing Updated: 2026-09-01 23:25:10

  • Parent : 121:NE:5th St:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A12078643
  • Price : $605,000
  • View : Bay, City, Water
  • Bedrooms : 1
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 535 Sqft
  • Year Built : 2025
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 1
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