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Active - Condominium for sale

121 NE 5th St # 3400, Miami FL 33132

1 bth|412 sqft

Facts & features

Condominium Property type
2 days on Beycome
2025 Year built
$1,092 Price/Sqft.
1 car garage Parking
$589/mo HOA

Why you’ll love it

  • Waterfront
  • Balcony

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.

Translating description...

Listings courtesy of The Keyes Company.

Listed by: Valerie Garazi • 954-594-6915 • The Keyes Company

Co-listed by: The Keyes Company

Source: Miami MLS, MLS#: A12118649 Miami MLS logo

Based on info available as of Nov 6, 2026 at 6:01 PM EST.

Come see by yourself

Affordability

$295,000$610,000
1%20%
0%90%
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Estimated monthly payment

$2,864/mo

  • Mortgage$2,275
  • Property tax$0
  • HOA fee
  • Homeowners insurance
Due at closing$357,750
Down payment held in escrow$90,000
Closing costs$6,750
beycome credit Est.$9,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About 501 First Residences

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 06, 2026 at 06:01pm EST.

$450,000 Listed price

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