$485,000list price
Per sq ft$627
1 bd · 1 ba · 774 sq ft Condo or villa
601 NE 27TH ST #1704, MIAMI, FL 33137
Listing courtesy of Luxe Properties. MLS# A12111297.On the MLS · Listed Oct 24
$485,000
121 NE 5 ST #2908, MIAMI, FL 33132
1 bed1 bath535 sq ftCondo or villaBuilt 2025
Updated today, November 3, 2026This home against Miami
$907 per sq ft, 33% over the Miami median
181 days on the market
Price cut $104,000 since it was listed at $589,000
Miami today: 4,362 homes for sale, median list price $733,250.
About this home
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.
Zoned schools
Elementary: Frederick R. Douglass Elementary
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Henderson Park, 0.1 mi
Beach: Hobie Island Beach, 2 mi
Grocery: Sedano's Supermarket, 0.5 mi
Distances from the center of MIAMI.
Listing courtesy of Cervera Real Estate Inc.. MLS# A12015913.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed May 6, 2026.
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