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

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

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.

Property Details for 121 NE 5th St # 3400, Miami, FL 33132

Bathrooms Full

1

Bathrooms Half

0

Interior Features

Elevator, Fire Sprinklers, Entrance Foyer, Utility Room/Laundry

Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Washer

Flooring

Ceramic Floor

Heating

Central

Cooling

Central Air

Architectural Style

High Rise

Garage Spaces

1

Parking Features

1 Space, Covered, Valet

Pool Private

No

Year Built Details

Effective Year Built

Building Information for 121 NE 5th St # 3400, Miami, FL 33132

Building Name

501 First

Building Area Total

412

Building Area Units

Square Feet

Stories Total

40

Entry Level

34

Association

Yes

Association Fee

$589

Association Fee Frequency

Monthly

Association Amenities

Barbecue, Bike Storage, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Pool, Spa/Hot Tub

Security Features

Fire Sprinklers, Doorman, Lobby Secured

Property Information for 121 NE 5th St # 3400, Miami, FL 33132

Waterfront

No

View

Bay, Skyline, Water View

Construction Materials

CBS Construction

Exterior Features

Open Balcony

New Construction

No

Public Records for 121 NE 5th St # 3400, Miami, FL 33132

Parcel Number

01-41-01-008-0220

Tax Annual Amount

0

Tax Year

2025

Tax Legal Description

501 First Residences condominium book 35067 page 4463

County Or Parish

Miami-Dade County

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