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About This Home
This 0-bedroom, 1-bathroom condo at 121 NE 5th st in Miami, FL is listed for $495,000 ($1,086 per sqft). Built in 2026, the home offers 456 sqft of living space on a N/A lot.
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.
Key Features
- Built in 2026
- 40 stories
Property Details
Amenities
Monthly Cost Estimate
$2,647/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
121 NE 5th st
Miami, FL 33132
501 First
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 1-bathroom condo at 121 NE 5th st is listed at $495,000 ($1,086/sqft). The estimated monthly payment is $2,145 based on 20% down at 6.5% interest.
Key features include: Built in 2026, 40 stories. Interior Features: Door Man, Elevator Secured, Lobby Secured. Exterior Features: Balcony, Security/High Impact Doors.
This property is listed by Valerie Garazi and can be reached at 18004383973 or FloridaRealtorVG@gmail.com.








