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121 NE 5th Street 3400 Miami FL 33132 | MLS #A12118649

121 NE 5th Street 3400
Miami, FL, 33132
$450,000
Beds
1 Baths
412 SqFt
0 Acres
MLS #A12118649 image #0
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.
Listing Provided Courtesy of The Keyes Company at 305-931-8920

Property Details

Price:
$450,000
MLS #:
A12118649
Status:
Active
Beds:
0
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
501 First Residences
Neighborhood:
2410
Listed Date:
Nov 4, 2026
Finished Sq Ft:
412
Total Sq Ft:
412
Year Built:
2025
Newconstruction501 First ResidencesFrederick DouglassJose De DiegoBooker T. WashingtonPets Allowed

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Schools

Elementary School:
Frederick Douglass
Middle School:
Jose De Diego
High School:
Booker T. Washington

Interior

Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Ceramic Tile
Heating
Central
Interior Features
Elevator, Entrance Foyer

Exterior

Association Amenities
Maintenance, Pool, Bike Storage, Business Center, Clubhouse, Community Room, Elevator(s), Fitness Center, Management, Parking, Picnic Area, Spa/Hot Tub
Construction Materials
CBS
Covered Spaces
1
Exterior Features
Balcony
Garage Spaces
1
Open Parking Spaces
1
Parking Features
Covered, Valet
Security Features
Fire Sprinkler System, Lobby – Attended, Security System
View
Bay, Water, Skyline

Financial

HOA Fee
$589
HOA Fee Frequency
Monthly
HOA Includes
Internet, Security, Sewer, Trash, Water
Tax Year
2025

Map

Community

Subdivisions in Miami

Market Summary

Current real estate data for Condo in Miami as of Nov 15, 2026
5,350
Condo Listed
149
Avg DOM
696
Avg $ / SqFt
$988,139
Avg List Price

Property Summary

    Located in the 501 First Residences subdivision, 121 NE 5th Street 3400 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $450,000 and features 0 beds, 1 baths, and has approximately 412 square feet of living space, and was originally constructed in 2025. The current price per square foot is $1,092. The average price per square foot for Condo listings in Miami is $696. The average listing price for Condo in Miami is $988,139.

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