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Homes for sale in Miami
Condominium

121 NE 5th St # 1602

Miami, FL 33132
$574,900
Beds
1
Baths
2
Sq ft
544
Year built
2025
Price per sq ft
$1,057

Listing courtesy of Darnie Labrozzi, EXP Realty LLC

About this home

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!

Details

Property

Type
Condominium
Style
High Rise
Building
Condo 5+ Stories
Year built
2025
Stories
40
Building name
501 FIRST
Subdivision
501 FIRST RESIDENCES CONDO
County
Miami-Dade County
View
Other View

Interior

Appliances
Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring
Ceramic Floor
Cooling
Electric
Heating
Electric

Exterior and parking

Exterior
Open Balcony
Patio and porch
Open Balcony
Parking
1 Space
Garage spaces
1

Community and fees

Association fee
$890 monthly
Amenities
Exercise Room, Heated Pool, Pool
Maintenance includes
Cable Tv, Sewer, Trash Removal, Water
Security
Smoke Detector, Lobby Secured
Terms
All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 22, 2026.