121 NE 5th St #1602, Miami, FL 33132
121 NE 5th St #1602, Miami, FL 33132
121 NE 5th St #1602, Miami, FL 33132
121 NE 5th St #1602, Miami, FL 33132
121 NE 5th St #1602, Miami, FL 33132
121 NE 5th St #1602, Miami, FL 33132
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$ 574,900
Est. payment | /mo

1 Bed

2 Baths

544 SqFt


Save
$ 574,900
Est. payment | /mo
Save

1 Bed

2 Baths

544 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 544 sqft

Price per Sqft $1,056

Subdivision 501 First Residences Condo

MLS Listing ID A12108736

Style High Rise

Bedrooms 1

Full Baths 2

HOA Fees $890/mo

HOA Y/N Yes

Leases Per Year 365

Year Built 2025

Tax Year 2025

Property Sub-Type Condominium

Property 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.
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!

Location

State FL

County Miami-dade

Community 501 First Residences Condo

Area 41

Interior

Interior Features Bedroom on Main Level, Other

Heating Electric

Cooling Electric

Flooring Ceramic Tile

Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Balcony

Garage Spaces 1.0

Pool Association, Heated

Amenities Available Fitness Center, Other, Pool

View Other

Porch Balcony, Open

Garage Yes

Private Pool Yes

Building

Architectural Style High Rise

New Construction true

Others

Pets Allowed No, Yes

HOA Fee Include Cable TV,Sewer,Trash,Water

Senior Community No

Restrictions Daily Rentals Allowed

Tax ID 01-41-01-008-0810

Security Features Lobby Secured,Other,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed No, Yes

Miami Association of Realtors (SEFMIAMI MLS)
Listed by EXP Realty LLC
Nearby Locations
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121 NE 5th St #1602