$450,000
Miami, FL 33132
MLS# A12118649
1 baths | 412 sqft
1 / 15
Property 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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-11-05
Status: Active
Original List Price: 450000
List Price: $450,000
Current Price: $450,000
Occupant Type: Call Listing Agent
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 121
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Street
Unit Number: 3400
City Name: Miami
Municipal Code: 1
State Or Province: FL
Postal Code: 33132
Postal Code +4: 2632
Postal Zip: 33132
Subdivision Name: 501 First Residences
Area: 2410
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Special Assessment YN: No
Parcel Number: 0141010080220
Subdivision Number: 8
Directions: From I-95 S, take Exit 3B (NW 8th St) to Downtown, go east, turn right on NW 3rd Ct, then left on NE 5th St. Building located at 121 NE 5th St.
General Property Information
Unit Floor #: 34
Property Sub Type: Condominium
Bathrooms Total: 1
Bathrooms Full: 1
Building Area Main: 412
Living Area Main: 412
Adjusted Area Main: 412
Year Built: 2025
Garage YN: 1
Garage Spaces: 1
Covered Spaces: 1
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 40
Financial Information
Association YN: 1
Association Fee: 589
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 589
Membership Fee Required YN: No
Tax Year: 2025
Tax Legal Description: 501 First Residences condominium book 35067 page 4463
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Leasing Permitted Details
Leasing Permitted YN: Yes
Parking Information
Open Parking Spaces: 1
Leasing Restrictions
Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: 1
Price Calculations
Current Price To SqFt: 1092.23
Section Details
Parcel Number MLX: 0220
Status Change Information
Major Change Timestamp: 2026-11-05T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-11-05
Originating Details
Originating System Key: 569926822
Originating System ID: M00000151
Property Features
Application Information: No Approvals
Association Amenities: Maintenance
Association Fee Includes: Internet; Security; Sewer; Trash; Water
Flooring: Ceramic Tile
Leasing Permitted Details: Okay To Lease; Okay To Lease During First Year; Short Term Rentals Allowed
Parking Features: Covered; Valet
Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer
Construction Materials: CBS
Cooling: Central Air
Association Type: Condominium
Heating: Central
Interior Features: Elevator; Entrance Foyer
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Possession: Close Of Escrow; Negotiable
Security Features: Fire Sprinkler System; Lobby - Attended; Security System
Special Information: Foreign Seller; Sold As-Is
Unit Description: High Rise
View: Water; Skyline
Water View: Bay
Showing Requirements: Appointment Only; Call Listing Agent
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open
Room Types: Laundry
Room Information
| Room Name |
| Laundry |
Listing Office: The Keyes Company
Last Updated: November - 06 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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