Virtual TourMap

For SaleCondominiumActive

121 NE 5th St 3400

Miami, FL 33132

$450,000

5 Days On Site

  • 1Baths1 full
  • 412Sq Ft
  • $1,092Per Sq Ft
  • 2025Built
Subdivision
501 First Residences
County
Miami-Dade
MLS®
A12118649

Overview

Unit already generating income in a short rental program with management company. Stunning high-floor residence on the 34th floor at 501 First Residences, offering breathtaking direct east-facing water views of Biscayne Bay. This beautifully designed unit comes fully furnished and completely turn-key, ideal for both personal use and investment. Approved for short-term rentals and currently professionally managed by a short-term rental company, the property offers excellent income potential from day one. Floor-to-ceiling windows fill the space with natural light and showcase spectacular bay views, while modern finishes and a private balcony enhance the living experience. Residents enjoy resort-style amenities and a prime location in the heart of Miami, just moments from dining, entertainment and waterfront attractions.

Listing Snapshot

Price
$450,000
Days On Site
5 Days
Bedrooms
N/A
Inside Area (SqFt)
412 sqft
Total Baths
1
Full Baths
1
Partial Baths
0
Lot Size
N/A
Year Built
2025
MLS® Number
A12118649
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
$589 monthly
Sq Ft Source
N/A

Property Details

General Features

10 items
Disclosures
Foreign Seller
Garage
Yes
Garage Spaces
1
Number Of Stories
40
Parking
Covered, Valet
Pets
Cats OK, Dogs OK, Yes
Property Sub Type
Condominium
Security
Fire Sprinkler System
SqFt Total
412
Style
HighRise

Interior Features

5 items
Appliances
Dryer, Dishwasher, Microwave, Refrigerator, Washer
Cooling
Central Air
Flooring
Ceramic Tile
Heating
Central
Interior
Entrance Foyer, Elevator, Master Downstairs

Exterior Features

5 items
Construction Details
Block, Concrete
Exterior
Balcony
Pool Features
Association
View
Bay, Skyline, Water
Waterview
Bay, Skyline, Water

Community Features

6 items
Association Amenities
Clubhouse, Elevator(s), Fitness Center, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Management, Parking
Association Fee
$589.0
Association Fee Frequency
Monthly
MLS Area
20
Financing Terms Available
Cash, Conventional
Building Access
34

Location

121 NE 5th St 3400, Miami, FL 33132 · 20

Neighborhood & Commute

ZIP Code 33132

Median household income
$87,747
Income per person
$60,231
Households
8,352
Average household size
1.80
Median age
35.1

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Active
  3. Listing first seen on site
  4. Price changed to $450,000

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Listing courtesy of The Keyes Company (954) 594-6915

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-11 03:38 AM EST

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