Condo in Miami, FL 33132
121 N 5th St #3400

Studio
Beds
1
Baths
456
SqFt
$1,086
$/SqFt
Condo
Built in 2026
1 Parking
Bay,Ocean,Water View
$674/mo HOA
High Rise
Balcony
PRECONSTRUCTION ~Est. 2026
Pre-Construction listings in the subdivision are those that you are buying before or while it is being built.
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.
MLS Number: A11978516
On Site: 198 Days
Updated: 53 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Bay,Ocean,Water
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, ShowerOnly, Elevator
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Disposal, IceMaker, Microwave, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: CeramicTile
  • Windows/Treatment: Blinds
  • Year Built: 2026
  • Year Built Description: New Construction
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2026-03-07T10:13:09.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CableTv, Internet, Parking, Sewer, Trash, Water
    • Taxes: No info
    • Security Information: DoorMan, ElevatorSecured, LobbySecured, SmokeDetectors
    • Parking Description: Attached, Garage, Guest, OneSpace, Valet
    • Total Floors in Building: 40

    Apples-to-Apples Comparables

     Closest-Match Comparables
    See closest-match comps for this subdivision
    No obligation
    Verified
    Trends
    Insights
    Best of Luxury Realty
    Talk to a local advisor
    Licensed advisors answering your questions across Miami, FL
    01
    Licensed Brokerage
    02
    Local Advisors
    03
    Direct Answers
    Exclusive real estate service partner

    Price History

    Current
    $495K
    High
    $525K
    Low
    $495K
    Total Change
    -5.7%
    $529K$510K$491KMar 26Apr 26May 26
    Date
    Event
    Price
    Change
    Price Per
    05/28/2026
    Price Reduced
    $495K
    -0.8%
    $1,086 ft2
    $11,685 m2
    04/16/2026
    Price Reduced
    $499K
    -4.95%
    $1,094 ft2
    $11,779 m2
    03/07/2026
    Listed
    $525K
     
    $1,151 ft2
    $12,393 m2
    05/28/2026
    $495K
    Event
    Price Reduced
    Change
    -0.8%
    Price Per
    $1,086 ft2
    $11,685 m2
    04/16/2026
    $499K
    Event
    Price Reduced
    Change
    -4.95%
    Price Per
    $1,094 ft2
    $11,779 m2
    03/07/2026
    $525K
    Event
    Listed
    Price Per
    $1,151 ft2
    $12,393 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Valerie GaraziThe Keyes Company • Buyer Agency Compensation .

    Listing Location & Street View
    MapStreet View

    Peer Listings

    Active listings from matched communities
    Results 0 of 0
    No listings found
    Try adjusting your filters or changing your location to see available listings
    Turn on listing alerts and we'll notify you
    when matching listings appear