$574,900
121 NE 5th St # 1602, Miami FL 33132
1 bed · 2 baths · 544 sq ft · Condominium · Active
MLS# A12108736 · Listing courtesy of EXP Realty LLC
Facts
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 544 sq ft
- Price per sq ft
- $1,057
- Type
- Condominium
- Year built
- 2025, New Construction
- Floor
- 16 of 40
- Parking
- 1 garage space
- Association fee
- $890 monthly
- Listed
- Oct 19, 2026
About this residence
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!
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Location
121 NE 5th St # 1602, Miami FL 33132Open in Google Maps
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Listing data last updated 10/25/2026, 6:00:55 AM ET.