For SaleCondominiumActive
121 NE 5th St 1602
Miami, FL 33132
$574,900
21 Days On Site
- 1Bed
- 2Baths2 full
- 544Sq Ft
- $1,057Per Sq Ft
- 2025Built
- Subdivision
- 501 First Residences Condo
- County
- Miami-Dade
- MLS®
- A12108736
Overview
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. The 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! Indulge 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. UNBEATABLE 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!
Listing Snapshot
- Price
- $574,900
- Days On Site
- 21 Days
- Bedrooms
- 1
- Inside Area (SqFt)
- 544 sqft
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Lot Size
- N/A
- Year Built
- 2025
- MLS® Number
- A12108736
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $890 monthly
- Sq Ft Source
- N/A
Property Details
General Features
10 items
- Disclosures
- Foreign Seller
- Garage
- Yes
- Garage Spaces
- 1
- Number Of Stories
- 40
- Pets
- No, Yes
- Property Condition
- New Construction
- Property Sub Type
- Condominium
- Security
- Other, Smoke Detector(s)
- SqFt Total
- 544
- Style
- HighRise
Interior Features
5 items
- Appliances
- Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Cooling
- Electric
- Flooring
- Ceramic Tile
- Heating
- Electric
- Interior
- Other, Master Downstairs
Exterior Features
4 items
- Exterior
- Balcony
- Pool Features
- Association, Heated
- View
- Other
- Waterview
- Other
Community Features
6 items
- Association Amenities
- Fitness Center, Other, Pool
- Association Fee
- $890.0
- Association Fee Frequency
- Monthly
- MLS Area
- 41
- Financing Terms Available
- Cash, Conventional
- Building Access
- 16
Location
121 NE 5th St 1602, Miami, FL 33132 · 41
Neighborhood & Commute
ZIP Code 33132
- Median household income
- $87,747
- Income per person
- $60,231
- Households
- 8,352
- Average household size
- 1.80
- Median age
- 35.1
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Active
- Price changed to $574,900
- Listing first seen on site
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