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

High-rise building featuring a glass facade, curved balcony railings, and a prominent multi-story podium structure
Elevated perspective of the metropolitan skyline featuring the historic Freedom Tower, waterfront bay, urban infrastructure, and coastal horizon
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Kitchen featuring wood-finish cabinetry, stainless steel built-in oven, solid-surface countertop, and matte black faucet, complete with large-format tile flooring and floor-to-ceiling glass sliding doors
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Stacked laundry appliance center featuring a white front-load washer and dryer set on grey tile flooring
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High-rise tower featuring a glass facade, multiple balcony levels, and an elevated podium structure, situated in a coastal urban setting with proximity to a major waterway and bridge infrastructure
Floor-to-ceiling windows featuring urban cityscapes, herringbone-pattern wood-finish flooring, and recessed ceiling track lighting
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Active For Sale
$450,000
  • Beds 0
  • Baths 1
  • Sq Ft 412 Sqft
  • Visits: 1 in 7 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
  • Pet Policy: Yes
  • Security: Fire Sprinkler System, Security System, Lobby Secured
  • Patio: Balcony, Open
  • Parking: Covered, Valet

Appliances

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: 501 First Residences
  • Zipcode: 33132
  • Street: 5th
  • Street Number: 121
  • Street Suffix: Street
  • Floor Number: 0
  • Longitude: W81° 48' 29.5''
  • 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, Spa/Hot Tub, Management, Bike Storage, Parking, Maintenance Grounds
  • Association Fee: $589
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Internet, Sewer, Security, Trash, Water
  • Carport Spaces:
  • Close Date:
  • Close Price: $0
  • Development Status: New Construction
  • Elementary School: Frederick Douglass
  • Exterior Features: Balcony, Outdoor Living Area
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile
  • Garage Spaces: 1
  • High School: Booker T. Washington
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, Entrance Foyer, Elevator, Separate Shower
  • Listing Terms: Cash, Conventional
  • Middle Or Junior School: Jose De Diego
  • New Taxes Expense: $0
  • Stories: 0
  • Stories Total: 40
  • Tax Annual Amount: $0
  • Tax Year: 2025

Location

Listing Updated: 2026-11-10 14:17:22

  • Parent : 121:NE:5th:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A12118649
  • Price : $450,000
  • View : Bay, Skyline, Water
  • Bedrooms : 0
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 412 Sqft
  • Year Built : 2025
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 1
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