$574,900

For sale

121 NE 5th St #1602, Miami FL 33132

1 beds2 baths544 sq ftBuilt 2025MLS# A12108736

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About this property

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!

Features

  • Garage

Property details

Property type
Condo
Year built
2025
Living area
544 sq ft
Price per sq ft
$1,057
HOA fee
$890/mo
Property taxes
/yr
Parking
1 spaces
Floors in building
40
Building / community
501 First Residences Condo
Status
For sale
MLS #
A12108736

Listing courtesy of EXP Realty LLC.

Location

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