For sale

$450,000

121 NE 5th St #3400, Miami, FL 33132

0beds

412sqft

$3,755/mo

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Condominium

Built in 2025

-- sqft lot

$-- Zestimate^®

$1,092/sqft

$589/mo HOA

What's special

Modern finishesPrivate balconySpectacular bay views

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.

3 days
21
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Laundry: Laundry Room

Features

Elevator, Entrance Foyer
Flooring: Ceramic Tile

Interior area

Total structure area: 412
Total interior livable area: 412 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: 1 Space, Covered, Valet
Garage spaces: 1

Features

Entry location: Foyer
Exterior features: Balcony
Pool features: Association
Spa features: Community
Has view: Yes
View description: Bay, Skyline, Water
Has water view: Yes
Water view: Bay,Water

Details

Parcel number: 0141010080220

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

CBS Construction

Condition

Year built: 2025

Community & HOA

Community

Security: Fire Sprinkler System, Doorman, Lobby Secured
Application fee: $150
Subdivision: 501 First Residences

HOA

Has HOA: Yes
Amenities included: Barbecue, Bike Storage, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Fitness Center, Pool, Spa/Hot Tub
HOA fee: $589 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $1,092/sqft
Date on market: 11/5/2026
Listing terms: All Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
11/5/2026	Listed for sale	$450,000-9.1%$1,092/sqft
Source: MIAMI #A12118649 Report a problem
8/17/2026	Listing removed	$495,000$1,201/sqft
Source: MIAMI #A11978516 Report a problem
5/29/2026	Price change	$495,000-0.8%$1,201/sqft
Source: MIAMI #A11978516 Report a problem
4/16/2026	Price change	$499,000-5%$1,211/sqft
Source: MIAMI #A11978516 Report a problem
3/7/2026	Listed for sale	$525,000$1,274/sqft
Source: MIAMI #A11978516 Report a problem