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121 NE 5th St Unit 1602, Miami, Florida 33132

Active For Sale
$574,900
  • Beds 1
  • Baths 2
  • Sq Ft 544 Sqft
  • Visits: 1 in 6 days

Description

The ultimate passive-income powerhouse in the heart of Downtown Miami at 501 First Residences! Unit 1602 is a fabulous, fully finished, and designer-furnished 1-bed + den, 2-bath luxury sanctuary optimizing 659 total sq. ft. (597 interior + private balcony). Delivering complete rental freedom with ZERO rental restrictions, you can host daily on platforms like Airbnb from day one.rnThe interior sparkles with 9-foot ceilings, floor-to-ceiling glass, an urban balcony with stunning downtown city vistas, custom Italian cabinetry, and integrated premium Smeg appliances. The multi-functional den and full second bathroom provide unmatched guest flexibility to maximize daily booking rates!rnIndulge in 20,000+ sq. ft. of elite rooftop amenities: a 75-foot heated lap pool, hot hydrotherapy bath, outdoor movie theatre, world-class HOMAGE Fitness center, and co-working spaces.rnUNBEATABLE TRANSIT-ORIENTED LOCATION: Steps away from Miami Worldcenter’s retail mega-district, blocks from world-class concerts and Heat games at the Kaseya Center, and a short walk to Bayside Marketplace and MiamiCentral Brightline Station. Capitalize on Miami’s booming hospitality market with this premier real estate asset!

Features

  • Swimming Pool: Heated, Association
  • Heating System: Electric
  • Cooling System: Electric
  • Patio: Balcony, Open
  • Parking: One Space

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Water Heater

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: 501 FIRST RESIDENCES CONDO
  • Zipcode: 33132
  • Street: 5th St
  • Street Number: 121
  • Floor Number: 0
  • Longitude: W81° 48' 30''
  • Latitude: N25° 46' 45.3''
  • UnitNumber: 1602
  • Street Dir Prefix: NE
  • MLS Area: 41

MLS Addon

  • Architectural Style: High Rise
  • Association Amenities: Fitness Center, Pool, Other
  • Association Fee: $890
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Sewer, Trash, Water, Cable TV
  • Carport Spaces:
  • Close Date:
  • Close Price: $0
  • Exterior Features: Balcony
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile
  • Garage Spaces: 1
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, Other
  • New Taxes Expense: $0
  • Stories: 0
  • Stories Total: 40
  • Tax Annual Amount: $0

Location

Listing Updated: 2026-10-24 14:41:35

  • Parent : 121:NE:5th St:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A12108736
  • Price : $574,900
  • View : Other
  • Bedrooms : 1
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 544 Sqft
  • Year Built : 2025
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 2
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