Basic Information

  • MLS # A12118649
  • Type Condominium
  • Status Active
  • Subdivision/Complex 501 FIRST Residences
  • Year Built 2025
  • Total Sqft 412
  • Date Listed 11/05/2026
  • Days on Market 2
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.

Amenities

  • Bike Storage
  • Business Center
  • Clubhouse
  • Elevators
  • Fitness Center
  • Barbecue
  • Picnic Area
  • Pool
  • Spa Hot Tub

Exterior Features

  • Waterfront No
  • Parking Spaces 1
  • Pool Yes
  • View Bay, Skyline, Water
  • Construction Type C B S Concrete Block Structure, Block
  • Parking Description Covered, One Space, Valet
  • Exterior Features Balcony
  • Style Condominium

Interior Features

  • Adjusted Sqft 412Sq.Ft
  • Cooling Description Central Air
  • Equipment Appliances Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Floor Description Ceramic Tile
  • Heating Description Central
  • Interior Features Bedroom On Main Level, Entrance Foyer, Shower Only, Elevator
  • Sqft 412Sq.Ft

Property Features

  • Address 121 NE 5th St #3400
  • Aprox. Lot Size 412
  • Architectural Style High Rise
  • Association Fee Frequency Monthly
  • City Miami
  • Construction Materials C B S Concrete Block Structure, Block
  • County Miami- Dade
  • Covered Spaces 1
  • Furnished Info no
  • Garage 1
  • Listing Terms Cash, Conventional
  • Occupant Type Call Agent
  • Parking Features Covered, One Space, Valet
  • Patio And Porch Features Balcony, Open
  • Pets Allowed Cats Ok, Dogs Ok, Yes
  • Pool Features Association
  • Possession Closing And Funding, Close Of Escrow
  • Postal City Miami
  • Public Survey Township 1
  • HOA Fees $589
  • Subdivision Complex 501 FIRST Residences
  • Subdivision Info 501 FIRST Residences
  • Tax Amount $0
  • Tax Legal desc 501 First Residences condominium book 35067 page 4463
  • Tax Year 2025
  • Terms Considered Cash, Conventional
  • Type of Property Condominium
  • View Bay, Skyline, Water
  • Year Built Details Effective Year Built

121 NE 5th St #3400

Miami, FL 33132

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