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

$450,000
1
BA
412
SqFt

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List Price
$450,000
Days on Market
1
MLS#
A12118649
Full Bathrooms
1
Sq. Ft
412
Subtype
Condominium
County
Miami-Dade
Subdivision
501 First Residences
Year Built
2025

Property 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.

Additional Information

Garage Spaces
1
Hoa
Yes
Hoa Amount
589
Pets Allowed
Yes
Construction
CBS (Concrete Block Structure), Block
Cooling
Central Air
Flooring
Ceramic Tile
Heating
Central
Restrict
Okay to Lease 1st Year, OK To Lease, Short Term Rentals Allowed
Security
Security System, Fire Sprinkler System, Lobby Secured
View
Bay, Skyline, Water
Amenities
Bike Storage, Business Center, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Management, Picnic Area, Pool, Parking, Spa/Hot Tub
Stories
40
Price Per Sqft
$1,092
Elementary School
Frederick Douglass
Middle School
Jose De Diego
High School
Booker T. Washington
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Listing courtesy of The Keyes Company. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Valerie Garazi | Email: FloridaRealtorVG@gmail.com