501 First Residences Condo 1 bedroom Condo For Sale
121 Ne 5th St, Unit 1602, Miami, FL 33132

$574,900
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A12108736
  • Virtual Tour: YES
  • Unit Number:1602
  • List Price: $574,900
  • Living Area: 544 Ft² / 51 M²
  • Price Per Foot/Meter: $1,057 / $11,375
  • Bedrooms:1
  • Full Baths:2
  • Maintenance:$890
  • Year Built:2025
  • Pets Allowed:YES
  • Listing Date:October 21, 2026

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!

Features


  • Floor:CeramicTile
  • Interior Feature:BedroomOnMainLevel, Other
  • Exterior Feature:Balcony

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker