About This Home
This 1-bedroom, 2-bathroom condo at 121 NE 5th St #1602 in Miami, FL is listed for $574,900 ($1,057 per sqft). Built in 2025, the home offers 544 sqft of living space on a N/A lot.
Key Features
- Built in 2025
Property Details
Amenities
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!
Monthly Cost Estimate
$3,965/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
121 NE 5th St #1602
Miami, FL 33132
501 FIRST RESIDENCES CONDO
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Heating
Cooling
Appliances
Questions & Answers
This 1-bedroom, 2-bathroom condo at 121 NE 5th St is listed at $574,900 ($1,057/sqft). The estimated monthly payment is $3,965 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $890/month.
Key features include: Built in 2025. Interior Features: Bedroom on Main Level. Exterior Features: Balcony.
This property is listed by Darnie Labrozzi and can be reached at 7863268023.








