121 NE 5th St # 3400, Miami FL 33132 | Miami-Dade County | A12118649
- $450,000
- $450,000
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 currently generating rental income?
What is the monthly HOA fee for this property?
What are the basic interior dimensions and layout of the condo?
What kind of views does the unit offer?
When was the building constructed?
What are the primary amenities and location benefits of this building?
Monthly Fees & Carrying Costs
| Association Fee | $589 / month |
| Total Monthly Fees | $589 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Have a question about this Miami listing?
Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.
This listing is courtesy of The Keyes Company.
Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.
Address
Open on Google Maps-
Address: 5th St
-
City: Miami
-
Zip/Postal Code: 33132
Details
Updated on November 7, 2026 at 8:52 pm-
Property ID A12118649
-
Price $450,000
-
Property Size 412 Sq Ft
-
Bedroom 0
-
Room 0
-
Bathroom 1
-
Year Built 2025
-
Property Status Active, Residential
Additional details
-
View Bay, Skyline, Water View
-
Cooling Central Air
-
Heating Central
-
Tax Year 2025
-
Flooring Ceramic Floor
-
Unit Floor 34
-
Unit Number 3400
-
Building 501 First
-
Garage Spaces 1
-
Listing Terms All Cash, Conventional
-
Area 501 First Residences
-
Total Stories 40
-
Waterfront No
-
Association Yes
-
Full Bathrooms 1
-
Half Bathrooms 0
-
Covered Spaces 1
-
Style Condo 5+ Stories
-
Private Pool No
-
Structure Type Condo 5+ Stories, Condo
-
Association Fee 589
-
Parking 1 Space, Covered, Valet
-
Subdivision 501 First Residences
-
Annual Tax 0
-
Year Built Details Effective Year Built
-
Building Area 412
-
Lot Size (Sq Ft) 0
-
New Construction No
-
Attached Yes
-
Bedroom Features Entry Level
-
Restrictions Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
-
Construction CBS Construction
-
Pets Allowed Yes
-
Patio / Porch Open Balcony
-
Association Fee Frequency Monthly
-
Association Type Condo
-
Maintenance Includes All Amenities, Internet/WiFi, Manager, Parking, Security, Sewer, Trash Removal, Water
-
Membership Purchase Required No
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees