121 NE 5th Street 3400, Miami, FL 33132

$450,000 · Active

  • 0 beds
  • 1 bath
  • 412 sq ft
  • 3 days on market
  • Condominium
  • Built 2025
  • HOA $589/mo
  • 1 garage space
  • Miami-Dade County
  • MLS# A12118649
  • 501 First Residences
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About this home

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.

Features

Schools

  • Elementary: Frederick Douglass
  • Middle: Jose De Diego
  • High: Booker T. Washington

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

The Keyes Company · keyes202@keyes.com · Listing agent: Valerie Garazi

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 121 NE 5th Street 3400.

Before You Make an Offer

What to check before buying a condo

Own a Condo Like This One?

Condo buyers search by building, floor, view, floor plan and monthly cost, and the buyers working with BreakThru Realty tell us which buildings they want. If you own a unit in this building or one like it, a broker can compare it with those requirements before you list, and explain how the association's reserves, assessments and rules will shape the buyers you attract.

BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 121 NE 5th Street 3400

How much is 121 NE 5th Street 3400?
121 NE 5th Street 3400 is listed at $450,000, which is about $1,092 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 121 NE 5th Street 3400?
The listing reports an association fee of $589 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
When was 121 NE 5th Street 3400 built?
121 NE 5th Street 3400 was built in 2025. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 121 NE 5th Street 3400 been on the market?
121 NE 5th Street 3400 has been listed for 3 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 121 NE 5th Street 3400?
The MLS lists Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 121 NE 5th Street 3400?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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The 1 bedroom condo at 1750 N Bayshore Drive 5212, Miami, FL 33132 is comparable and listed for sale at $449,000. Another comparable condo, 335 S Biscayne Boulevard 3503, Miami, FL 33131, sold for $460,000 in November 2026. Miami neighborhoods include Buena Vista and Little River. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Fisher Island, and Miami Beach. Compare it with the Miami housing market report.