121 NE 5th St 1602 Miami, FL $ 574,900
121 NE 5th St 1602
$ 574,900
Recently Listed New Construction
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121 NE 5th St 1602

Miami, FL, 33132
$ 574,900
Bedrooms1 Baths2.0 Sq 544

Monthly Estimate*

$ 3,971

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Condo for sale in Miami, FL

for $574,900 with 1 bedroom and 2 full baths. This 544 square foot condo was built in 2025.

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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Condo Active

Price

$ 574,900

Bedrooms

1

Full Bath

2

Property Type

Condo

Taxes

$ 0

Style

Year Built

2025

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12108736

Features
General
Heating Electric
Cooling Electric
Possession Close Of Escrow
Appliances Dryer Dishwasher Electric Range Electric Water Heater Microwave Refrigerator Washer
Development Status New Construction
HOA Fee 890
Garage Spaces 1
Association Fee Includes Cable TV Sewer Trash Water
Patio/Porch Features Balcony Open
Architectural Style High Rise
Pool Features Association Heated
Security Features Lobby Secured Other Smoke Detector(s)
Restrictions Daily Rentals Allowed
Pets Allowed No Yes
Year Built 2025
View Other
Unit Number 1602
Property Subtype Condominium
Tax Year 2025
Assoc Fee Paid Per Monthly
County Miami-Dade
New Construction true
Property Type Residential
Association Amenities Fitness Center Other Pool
Subdivision Name 501 FIRST RESIDENCES CONDO
Garage Y/N true
Total Rooms 0
Full Baths 2
Status Active
City Miami
Disclosures Foreign Seller
Entry Location 16
Senior Community Y/N false
MLS Area 41
Lot Size Units Square Feet
Listing Terms Cash Conventional
Property Attached Y/N true
Year Built Details New Construction
Tax Annual Amount 0
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12108736
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Condominium
Legal Description 501 FIRST RESIDENCE CONDO
HOA Fee 3 890
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Interior
Interior Amenities Bedroom on Main Level Other
Flooring Ceramic Tile
Total Stories 40
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 1
Entry Level 16
Total Baths 2
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Exterior
Exterior Amenities Balcony
Parking Features One Space
Building Area Total 544
Waterfront Y/N false
Covered Spaces 1
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* Excluded Features
List By
Exp Realty Llc

Broker

Darnie@Darnie.com

Email

Affordability Calculator

$3,971
Per Month
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Monthly Principal & Interest
$3,971
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2026$574,900 Listed Price

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121 NE 5th St 1602, Miami, FL, 33132 is a Condo for sale at $574,900 with 544 sqft. 121 NE 5th St 1602 has 1 bedrooms, 2.0 baths, and was built in 2025. The property's zip code is 33132 which is in Miami, FL