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
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MLS #A11978516 image #0
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

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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

Map

Community

Subdivisions in Miami

Market Summary

Current real estate data for Condo in Miami as of Jul 28, 2026
4,712
Condo Listed
164
Avg DOM
684
Avg $ / SqFt
$998,045
Avg List Price

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 $684. The average listing price for Condo in Miami is $998,045. To schedule a showing of MLS#a11978516 at 121 NE 5th st # 3400 in Miami, FL, contact your Julien Drieu agent at 7862380927.

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