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121 NE 5th Street Unit 3400, Miami, Florida 33132

Active For Sale
$495,000
  • Beds 0
  • Baths 1
  • Sq Ft 456 Sqft
  • Visits: 1 in 122 days

Description

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.

Features

  • Swimming Pool: Association
  • Heating System: Central
  • Cooling System: Central Air
  • Patio: Balcony, Open
  • Parking: Garage, Attached, Guest, Valet

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Disposal, Ice Maker

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: 501 First
  • Zipcode: 33132
  • Street: 5th
  • Street Number: 121
  • Street Suffix: Street
  • Floor Number: 0
  • Longitude: W81° 48' 29.9''
  • Latitude: N25° 46' 45.6''
  • UnitNumber: 3400
  • Directions: From I-95 S, take Exit 3B (NW 8th St) to Downtown, go east, turn right on NW 3rd Ct, then left on NE 5th St. Building located at 121 NE 5th St.
  • Street Dir Prefix: NE
  • MLS Area: 2410

MLS Addon

  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Pool, Business Center, Picnic Area, Trash, Bike Storage, Parking, Maintenance Grounds
  • Association Fee: $674
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Internet, Sewer, Trash, Water, Cable TV
  • Close Price: $0
  • Elementary School: Frederick Douglass
  • Exterior Features: Balcony, Outdoor Living Area
  • Flooring: Ceramic Tile
  • Garage Spaces: 1
  • High School: Booker T. Washington
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, Elevator, Separate Shower
  • Middle Or Junior School: Jose De Diego
  • New Taxes Expense: $0
  • Stories Total: 40
  • Tax Annual Amount: $0
  • Utilities: Cable Available
  • Window Features: Blinds

Location

Listing Updated: 2026-07-05 01:59:38

  • Parent : 121:NE:5th:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11978516
  • Price : $495,000
  • View : Bay, Ocean, Water
  • Bedrooms : 0
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 456 Sqft
  • Year Built : 2026
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 121
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