121 NE 5th st # 3400, Miami FL 33132 | Miami-Dade County | A11978516
- $495,000
- $495,000
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.
Property Overview
Frequently Asked Questions
Is this unit approved for short-term rentals?
What kind of views does this unit offer?
Is this unit furnished?
What amenities are available at 501 First Residences?
What is the current HOA fee for this unit?
How many bedrooms and bathrooms does this unit have?
Monthly Fees & Carrying Costs
| Association Fee | $674 / month |
| Total Monthly Fees | $674 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Address
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Address: 5th st
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33132
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Area: 501 First
Details
Updated on June 29, 2026 at 7:52 pm-
Property ID A11978516
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Price $495,000
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Property Size 456 Sq Ft
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Bedroom 0
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Room 0
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Bathroom 1
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Garage 1
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Year Built 2026
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Ceramic Floor
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Bedroom Features Entry Level, Studio
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Cooling Central Air
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Association Type Condo
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Building 501 first residences
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Association Fee Frequency Monthly
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Area 501 First
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Annual Tax 0
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Association Yes
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 1
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Subdivision 501 First
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Total Stories 40
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Restrictions Daily Rentals Allowed, Ok To Lease, See Broker Remarks
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Maintenance Includes All Amenities, Cable Tv, Internet/WiFi, Parking, Sewer, Trash Removal, Water
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Parking 1 Space, Guest, Valet
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2026
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Construction Concrete Block Construction, CBS Construction
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Covered Spaces 1
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Unit Floor 34
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View Bay, Ocean View, Water View
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Year Built Details New Construction
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Pets Allowed Yes
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Attached Yes
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Unit Number 3400
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Patio / Porch Open Balcony
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New Construction Yes
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Garage Spaces 1
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Style Condo 5+ Stories
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Association Fee 674
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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Down Payment
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Property Tax
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PMI
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Monthly HOA Fees