About This Home

This 0-bedroom, 1-bathroom condo at 121 NE 5th St #3400 in Miami, FL is listed for $450,000 ($1,092 per sqft). Built in 2025, the home offers 412 sqft of living space on a N/A lot.

Key Features

  • Built in 2025

Property Details

1 full
1-car garage
#3400
2025

Amenities

ViewA/C
Listing 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.

Monthly Cost Estimate

$2,996/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131
HOA$589

Estimates only. Actual payments may vary.

Location

121 NE 5th St #3400

Miami, FL 33132

501 First Residences

Features & Amenities

Interior Features

Bedroom on Main LevelEntrance FoyerShower OnlyElevator

Exterior Features

Balcony

Property Details

Flooring

Tile - Ceramic

Construction

CBS (Concrete Block Structure) Block

Views

Water

Parking

CoveredValet

Heating

Central

Cooling

Central Air

Appliances

DryerDishwasherMicrowaveRefrigeratorWasher

Questions & Answers

This 0-bedroom, 1-bathroom condo at 121 NE 5th St is listed at $450,000 ($1,092/sqft). The estimated monthly payment is $2,995 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $589/month.

Key features include: Built in 2025. Interior Features: Bedroom on Main Level, Entrance Foyer, Shower Only. Exterior Features: Balcony.

This property is listed by Valerie Garazi.

VG

Valerie Garazi

License 3075824

Agent at Keyes Company Realtors

Listed by Keyes Company Realtors · Broker phone: (305) 371-3592 · View on Broker Site · Broker website

MLS# A12118649· Source: Miami REALTORS®· 1 day on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

121 NE 5th St #3400, Miami, FL 33132

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