About 121 Ne 5th Street #2708
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 of 121 Ne 5th Street #2708
| MLS® # | A12078643 |
|---|---|
| Price | $605,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 535 |
| Year Built | 2025 |
| Type | Residential |
| Sub-Type | Condo/Co-Op |
| Status | New |
Community Information
| Address | 121 Ne 5th Street #2708 |
|---|---|
| Area | 2410 |
| Subdivision | 501 First Residences |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33132 |
| HOPA | No Hopa |
Amenities
| Amenities | Clubhouse, Elevator(s), Fitness Center, Picnic Area, Pool, Sauna, Kitchen Facilities, Maintenance |
|---|---|
| Parking | On Street, Valet |
| View | Skyline, Water, Bay |
| Is Waterfront | Yes |
| Waterfront | Bay Front |
| Has Pool | No |
| Subdivision | Clubhouse, Elevator(s), Fitness Center, Picnic Area, Pool, Sauna, Kitchen Facilities, Maintenance |
Interior
| Interior Features | Elevator, Closet Cabinetry |
|---|---|
| Appliances | Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 40 |
Exterior
| Exterior Features | Balcony |
|---|---|
| Construction | CBS |
School Information
| Elementary | Frederick Douglass |
|---|---|
| Middle | Jose De Diego |
| High | Booker T. Washington |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 877 |
Listing Details
| Office | Luxe Properties |
|---|