# 121 NE 5th St #1602, Miami, FL 33132 > **TL;DR:** 1bd/2ba condo, $574,900 ($1057/sqft), built 2025, 544 sqft. > A/C, 1-car garage. Est. $3,965/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $574,900 | | Price/sqft | $1057 | | Bedrooms | 1 | | Bathrooms | 2 full | | Square Feet | 544 | | Year Built | 2025 | | Garage | 1-car | | Property Type | Condo (Condominium) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,907 | | Estimated Insurance | $168 | | HOA | $890 | | **Total** | **$3,965** | ## Key Amenities - A/C - 1-car garage ## Property Highlights - Built in 2025 ## Description ### Agent 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! ## Location - **Address:** 121 NE 5th St #1602, Miami, FL 33132 - **County:** Miami-Dade - **Neighborhood:** 501 FIRST RESIDENCES CONDO - **Coordinates:** 25.779337, -80.191681 - **Google Maps:** https://www.google.com/maps?q=25.779337,-80.191681 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/mia/A12108736 ## Listing Agent - **Name:** Darnie Labrozzi · **License:** 0686940 - **Brokerage:** EXP REALTY LLC - **Broker Phone:** (888) 883-8509 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/121-NE-5th-St-Apt-1602_Miami_FL_33132_M94880-15114?f=listhub&s=MAORFL&m=A12108736&c=propsimple) ## Photos ![121 NE 5th St #1602 - Photo 1](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f464482882r.jpg) ![121 NE 5th St #1602 - Photo 2](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f3754220418r.jpg) ![121 NE 5th St #1602 - Photo 3](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f2689377399r.jpg) ![121 NE 5th St #1602 - Photo 4](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f3385361772r.jpg) ![121 NE 5th St #1602 - Photo 5](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f209673251r.jpg) ![121 NE 5th St #1602 - Photo 6](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f976574900r.jpg) ![121 NE 5th St #1602 - Photo 7](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f1917537988r.jpg) ![121 NE 5th St #1602 - Photo 8](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f2099339538r.jpg) ![121 NE 5th St #1602 - Photo 9](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f1098541305r.jpg) ![121 NE 5th St #1602 - Photo 10](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f3606522986r.jpg) ![121 NE 5th St #1602 - Photo 11](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f1208291258r.jpg) ![121 NE 5th St #1602 - Photo 12](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f3485958355r.jpg) ![121 NE 5th St #1602 - Photo 13](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f1037707568r.jpg) ![121 NE 5th St #1602 - Photo 14](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f643722679r.jpg) ![121 NE 5th St #1602 - Photo 15](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f1597923058r.jpg) ![121 NE 5th St #1602 - Photo 16](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f3981794765r.jpg) ![121 NE 5th St #1602 - Photo 17](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f2209981607r.jpg) ![121 NE 5th St #1602 - Photo 18](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f1258201638r.jpg) ![121 NE 5th St #1602 - Photo 19](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f2127764902r.jpg) ![121 NE 5th St #1602 - Photo 20](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f1818744985r.jpg) ![121 NE 5th St #1602 - Photo 21](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f3436216412r.jpg) ![121 NE 5th St #1602 - Photo 22](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f2917947100r.jpg) ![121 NE 5th St #1602 - Photo 23](http://lh.rdcpix.com/2f7e5f36b089c8cc81ed3d558d6bc685l-f1272298018r.jpg) --- **MLS#:** A12108736 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/121-ne-5th-st-miami-fl-33132-1e351921499d47b7aeacfab10e36d76b) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/121-ne-5th-st-miami-fl-33132-1e351921499d47b7aeacfab10e36d76b#listing", "url": "https://www.propertysimple.ai/listing/121-ne-5th-st-miami-fl-33132-1e351921499d47b7aeacfab10e36d76b", "name": "121 NE 5th St #1602, Miami, FL 33132", "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). 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