Condo in 121 NE 5th Street 1602, Miami, FL 33132 for sale with MLS# A12108736
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!
121 NE 5th Street 1602, Miami, FL 33132
- Price:
- $574,900.00
- Original List Price:
- $574,900.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,056.8
- More Listings Same Building:
- 501 First Residences in 121 5 Street Miami
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- October 19, 2026 4:00 am
- Other Special Conditions:
- Foreign Seller
- Bedrooms:
- 1
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Master Bedroom Bath:
- Bedroom On Entry Level, Other
- Living Area:
- 544 Sqft
- Built-Up Area:
- 544 Sqft
- View from the Property:
- Other
- Waterfront:
- No
- Security:
- Smoke Detector(s), Security System, Other
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater
- Interior:
- Other
- Exterior:
- Balcony
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Electric
- Unit Description:
- High Rise
- Balcony Details:
- Balcony - Open
- Year Built:
- 2025
- Levels:
- Two
- Flooring:
- Ceramic Tile
- Number of stories:
- 40
- Property Condition:
- New Construction
- Tax Year:
- 2025
- Association Fee:
- $890.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Tax Reflects No Exemptions
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- Other Approvals, No Approvals
- Association Type:
- Condominium
- Pets Allowed?
- Lease Number Times per Year Allowed:
- 365
- Amenities Provided by the Homeowner's Association (HOA):
- Heated Pool, Pool, Other, Fitness Center
- Subdivision Name:
- 501 FIRST RESIDENCES CONDO
- Association Fee Includes:
- Sewer, Water, Trash, Cable Tv
- Senior Community:
- Yes
- Minimum Days per Lease:
- 0
- Leasing Permitted
- Leasing Permitted Details:
- Short Term Rentals Allowed
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- 501 FIRST RESIDENCE CONDO
- Real Estate Folio Number (Parcel Number):
- 0141010080810
- Elementary School:
- Frederick Douglass
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- October 19, 2026
- Listing Agreement executed on:
- October 19, 2026
- Listing Status Last Changed On:
- October 19, 2026 4:00 am
- Photos updated on:
- October 21, 2026 7:17 pm
- Last Modified:
- October 21, 2026 8:24 pm
- Courtesy of:
- EXP Realty LLC
- Attribution:
- Not provided
- Floor Number:
- 16
- Street Name:
- 5th
- Street Number:
- 121
- Unit Number:
- 1602
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 45.6''
- Longitude:
- W81° 48' 29.5''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 121 NE 5th Street 1602, Miami, FL 33132
