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.
Listed by Valerie Garazi
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License #3075824
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The Keyes Company
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954-594-6915
Last updated March 07, 2026
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Source: MIAMIRE #A11978516
Listing Facts
TypeCondo
NeighborhoodMiami Central Business District
Bathrooms1
Days on Prevu9
HOA/Maint. Fees$674/month
Size456 sqft
Price per sqft$1,151
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Pets Allowed
Air Conditioning
Bike Storage
Elevator
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
03/07/2026
Listed by The Keyes Company
$525,000
Property Details for 121 NE 5th st 3400
Association
Amenities
Association Amenities: Barbecue, Bike Storage, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Pool, Trash Chute
Pets Allowed: Restrictions Or Possible Restrictions
Fees
Association Fee: $674.00 Monthly
Association Fee Includes: All Amenities, Cable Tv, Internet/Wi Fi, Parking, Sewer, Trash Removal, Water
Exterior
Construction
New Construction: Yes
Property Attached: Yes
Property Condition: New Construction
Stories Total: 40
Structure Type: Condo 5+ Stories, Condo
Window Features: Blinds
Year Built: 2026
Year Built Details: New Construction
Architectural Style: High Rise
Building Name: 501 First Residences
Construction Materials: Concrete Block Construction, CBS Construction
How many bedrooms and bathrooms does this condo have?
There is bedrooms and 1 bathroom in this condo at 121 NE 5th st 3400.
Does this condo have parking?
Yes, there is 1 parking space available for 121 NE 5th st 3400.
Are pets allowed at 121 NE 5th st?
Yes, 121 NE 5th st allows pets. Check the Property Details for any relevant restrictions.
How does 121 NE 5th st 3400 compare to other condos in Miami Central Business District?
This condo is listed 74% below the average price for condos in Miami Central Business District and has been on the market for 135 less days than the typical home in this area.
What building or home owners association is the condo part of?
This condo is in the 501 first residences building.
What is the square footage on this condo?
According to the MLS, this listing is 456 sqft.
121 NE 5th st 3400 is a -bedroom, 1-bath condo for sale in Miami FL 33132. Listed on Prevu for 9 days at $525,000. This home features 456 square feet of living space, located in Miami Central Business District. The median listing price for condos in this area is $730,000. The home offers private outdoor space, dishwasher, pets allowed, elevator, air conditioning, bike storage, parking, swimming pool, and washer/dryer. Explore more condo listings in Miami.
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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