- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
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$450,000
Monthly Est:$2,240
-- Bed
1 Bath1 full bath
412sqft
121 NE 5th Street #3400, Miami, FL 33132
$450,000
$2,240/moEst:
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Condominium
Built in 2025
$589/mo HOA
-- sqft lot
$1,092/sq.ft
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.
- Houzeo last checked: 10 minutes ago
- Listing updated: November 6, 2026 at 12:05 am
- Listing Provided by: Valerie Garazi (954) 594-6915 DRE #3075824 | The Keyes Company (305) 931-8920
- Source: Beaches MLS-FL | MLS#: A12118649
Property Details
Status
Active
Type
Condominium
No. of Stories
40
County
City
Neighborhood
Year Built
2025
HOA Fees
$589/mo
Finished Area
412 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
A12118649
MLS Status
Active
Days on Market
2
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Location
HOA Management
N/A
HOA Fees
$589/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Trash Pickup
Sewer
Security Guard
Elevator
Pool
Spa
Gym
Parking
Water
Internet
Maintenance
Club House
BusinessCenter
PicnicArea
Management
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: 1
Interior
Heating
Central
Interior Features
Bedroom On Main Level, Entrance Foyer, Elevator, Separate Shower
Exterior Features
Balcony, Outdoor Living Area
Appliances
Dryer, Dishwasher, Microwave, Refrigerator, Washer
Cooling
Central Air
Flooring
Ceramic Tile
Construction
Year Built
Year Built: 2025
Home type
Condominium
Construction Materials
Cbs Concrete Block Structure, Block
Utilities & Energy
Security Features
Security System, Fire Sprinkler System, Lobby Secured
Association Amenities
Bike Storage, Business Center, Clubhouse, Elevators, Fitness Center, Maintenance Grounds, Management, Picnic Area, Pool, Parking, Spa Hot Tub
Pool Features
Association
Parking Features
Covered, Valet
Other Features
Disclosures
Foreign Seller
Subdivision Name
501 First Residences
Patio And Porch Features
Open, Balcony
Price History
| Date | Event | Price |
|---|---|---|
11/05/2026 Source: | Price Decreased | $450,000 -9.09% $1,092/sqft |
05/28/2026 Source: | Listed for Sale | $495,000 $1,201/sqft |
03/07/2026 Source: | Off Market | $495,000 $1,201/sqft |
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.
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