Virtual TourMap

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

  1. Listing updated with changes from the MLS®
  2. Status changed to Active
  3. Price changed to $574,900
  4. Listing first seen on site

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Listing courtesy of EXP Realty LLC (786) 326-8023

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-09 01:02 PM EST

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