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121 Ne 5th St Unit #1602, Miami, FL 33132

$574,900
: 1
BD
: 2
BA
: 544
SqFt

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List Price: $574,900
MLS#: A12108736
Complex Name: 501 First
Status: ACTIVE
Type: Condo
Bedrooms: 1
Full baths: 2
Living Area: 544

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Property 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!

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Additional Information

Days on Market: 2
Interior Features: Other
Maintenance Fee: 890
Parcel Number: 01-41-01-008-0810
#Garage Spaces: 1
Bedroom Description: Entry Level, Other
Exterior Features: Open Balcony
Association Fee: $890
Unit View: Other View
Parking Restrictions: 1 Space
Unit Number: 1602
SqFt Liv Area: 544
Amenities: Exercise Room, Heated Pool, Other, Pool
Year Built: 2025
Special Information: New Construction
Style: Condo 5+ Stories, Condo
Restrictions: Daily Rentals Allowed
Development Name: 501 First Residences Condo