121 NE 5th Street, Miami, FL 33132
- $574,900
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!
Address
Open on Google Maps- Address: 121 NE 5th Street
- City: Miami
- State/County: FL
- Zip/Postal Code: 33132
Details
Updated on October 22, 2026 at 1:07 am- MLS # A12108736
- Price $574,900
- Property Size 544 sqft
- Bedroom 1
- Bathrooms 2
- Garage 1.0
- Garage Size x x
- Year Built 2025
- Property Status Active
- Office Name EXP Realty LLC
- Agent Name Darnie Labrozzi
Additional Details
- Listing Terms Cash, Conventional
- Association Fee 890.0
- Cooling Electric
- Heating Electric
- Flooring Ceramic Tile
- County Miami-Dade
- Property Type Residential
- Pool Association, Heated
- Elementary School Frederick Douglass
- Middle School Jose De Diego
- High School Booker T. Washington
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