$585,000New
1 bd · 1 ba · 690 sqft
2951 S Bayshore Dr # 710, Miami, FL 33133
The Mutiny Hotel
121 NE 5th St # 3400, Miami, FL 33132
$450,0000 Beds1 Baths412 Sq. Ft.$1,092 / sq. ft.
Miami, FL 33132 · 501 First
Status
Active
Type
Condominium
Year Built
2025
Days on Market
0
MLS #
A12118649
County
Miami-Dade County
Listing Remarks — 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.
Inside the Residence: 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 & Association Facts — 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
Site, Views & Construction — 121 NE 5th St # 3400, Miami, FL 33132
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- Bay, Skyline, Water View
- Construction Materials
- CBS Construction
- Exterior Features
- Open Balcony
- New Construction
- No
Tax & Parcel Record — 121 NE 5th St # 3400, Miami, FL 33132
- Parcel Number
- 01-41-01-008-0220
- Tax Annual Amount
- 0
- Tax Year
- 2,025
- Tax Legal Description
- 501 First Residences condominium book 35067 page 4463
- County Or Parish
- Miami-Dade County
On the Map
121 NE 5th St # 3400, Miami, FL 33132 · More homes in Miami
Courtesy of The Keyes Company
Comparable Listings in Miami
$435,000
1 bd · 1 ba · 707 sqft
1111 SW 1st Ave # 2215-N, Miami, FL 33130
THE AXIS ON BRICKELL
$362,500
1 bd · 1 ba · 750 sqft
2000 N Bayshore Dr # 408, Miami, FL 33137
CITE CONDO
$547,000
1 bd · 1 ba · 795 sqft
3900 Biscayne Boulevard # S-910, Miami, FL 33137
$335,000
1 bd · 1 ba · 904 sqft
2950 SW 3rd Ave # 6F, Miami, FL 33129
CORAL WAY TOWERS CONDO
$389,000
2 bd · 2 ba · 996 sqft
215 SW 42nd Ave # 810, Miami, FL 33134
LEJEUNE PLAZA
$355,000
1 bd · 1 ba · 560 sqft
321 NE 26th St # 604, Miami, FL 33137
26 Edgewater Condominium
$315,000
2 bd · 2 ba · 910 sqft
12938 SW 88th Ln # A202, Miami, FL 33186
ELAN
Quick Facts: 121 NE 5th St # 3400, Miami, FL 33132
Listing summary: condo for sale at 121 NE 5th St # 3400, Miami, FL 33132. It came to market on November 5, 2026 through The Keyes Company. Public schools here fall under Miami-Dade County Public Schools. Layout: 0-bed, 1-bath, 412 sqft, in a structure dating to 2025.