121 NE 5th st # 3400 Miami FL 33132 MLS #A11978516
121 NE 5th st # 3400
Miami, FL, 33132
$495,000
Beds
1 Baths
456 SqFt
0 Acres
$495,000
121 NE 5th st # 3400
Miami, FL, 33132
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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.

Property Details

Price:
$495,000
MLS #:
A11978516
Status:
Active
Beds:
0
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
501 First
Neighborhood:
501first
Listed Date:
Mar 7, 2026
Finished Sq Ft:
456
Year Built:
2026
High RiseNewconstruction501 First Residences501 First501first501 FirstDaily Rentals Allowed,ok To Lease,see Broker RemarksRestrictions Or Possible Restrictions

Schools

Interior

Appliances
Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Ceramic Floor
Heating
Central
Interior Features
Elevator

Exterior

Architectural Style
High Rise
Association Amenities
Barbecue, Bike Storage, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Pool, Trash Chute
Attached Garage YN
1
Construction Materials
Concrete Block Construction, CBS Construction
Covered Spaces
1
Exterior Features
Open Balcony
Garage Spaces
1
New Construction YN
1
Parking Features
1 Space, Guest, Valet
Patio And Porch Features
Open Balcony
Security Features
Smoke Detector, Doorman, Elevator Secure, Lobby Secured
View
Bay, Ocean View, Water View
Window Features
Blinds

Financial

HOA Fee
$674
HOA Fee Frequency
Monthly
Tax Year
2026
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Current real estate data for Condo in Miami as of Jul 19, 2026
4,765
Condo Listed
163
Avg DOM
686
Avg $ / SqFt
$1,009,462
Avg List Price

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Property Summary

    Located in the 501 First subdivision, 121 NE 5th st # 3400 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $495,000 and features 0 beds, 1 baths, and has approximately 456 square feet of living space, and was originally constructed in 2026. The current price per square foot is $1,086. The average price per square foot for Condo listings in Miami is $686. The average listing price for Condo in Miami is $1,009,462.
121 NE 5th st # 3400
Miami, FL