- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes
$574,900
Monthly Est:$2,861
1 Bed
- 2 Baths
2 full baths
544sqft
121 NE 5th Street #1602, Miami, FL 33132
$574,900
$2,861/moEst:
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Condominium
Built in 2025
$890/mo HOA
-- sqft lot
$1,057/sq.ft
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!
- Houzeo last checked: 12 hours ago
- Listing updated: October 30, 2026 at 8:31 pm
- Listing Provided by: Darnie Labrozzi DRE #0686940 | EXP Realty LLC (888) 883-8509
- Source: Beaches MLS-FL | MLS#: A12108736

Property Details
Status
Active
Type
Condominium
No. of Stories
40
County
City
Neighborhood
Year Built
2025
HOA Fees
$890/mo
Finished Area
544 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
A12108736
MLS Status
Active
Days on Market
12
Cumulative Days on Market
11

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Location
HOA Management
N/A
HOA Fees
$890/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Cable TV
Sewer
Water
Gym
Pool
Trash Pickup
Other
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathrooms: 2
Interior
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Electric
Heating
Electric
Interior Features
Bedroom On Main Level, Other
Exterior Features
Balcony, Outdoor Living Area
Flooring
Ceramic Tile
Construction
Year Built
Year Built: 2025
Home type
Condominium
Property Condition
New Construction
Utilities & Energy
Pool Features
Association, Heated
Association Amenities
Fitness Center, Other, Pool
Security Features
Security System, Other, Smoke Detectors
Other Features
Subdivision Name
501 First Residences Condo
Disclosures
Foreign Seller
Patio And Porch Features
Open, Balcony
Price History
| Date | Event | Price |
|---|---|---|
10/21/2026 Source: #A12108736 | Off Market | $574,900 $1,057/sqft |
10/19/2026 Source: | Listed for Sale | $574,900 $1,057/sqft |
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.
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