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Oppenheim Realty
121 NE 5th Street Unit 1602, Miami, FL 33132
- $574,900
- 1
- BD
- 2
- BA
- 544
- SqFt
- List Price
- $574,900
- Days on Market
- 3
- MLS#
- A12108736
- Bedrooms
- 1
- Full Bathrooms
- 2
- Sq. Ft
- 544
- Subtype
- Condominium
- County
- Miami-Dade
- Subdivision
- 501 First Residences Condo
- Year Built
- 2025
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!
Additional Information
- Garage Spaces
- 1
- Hoa
- Yes
- Hoa Amount
- 890
- Pets Allowed
- Yes
- Cooling
- Electric
- Flooring
- Ceramic Tile
- Heating
- Electric
- Restrict
- OK To Lease, Short Term Rentals Allowed
- Security
- Security System, Other, Smoke Detector(s)
- View
- Other
- Amenities
- Fitness Center, Other, Pool
- Stories
- 40
- Price Per Sqft
- $1,056
- Elementary School
- Frederick Douglass
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
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Listing courtesy of EXP Realty LLC. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Darnie Labrozzi | Email: Darnie@Darnie.com