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Unit 1602
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501 First Residences Unit 1602 For Sale

$574,900
121 NE 5th Street 1602 · Miami
501 First Residences Unit 1602 For Sale
$574,900
121 NE 5th Street 1602 · Miami
MLS A12108736
121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 1 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 2 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 3 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 4 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 5 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 6 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 7 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 8 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 9 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 10 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 11 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 12 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 13 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 14 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 15 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 16 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 17 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 18 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 19 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 20 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 21 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 22 of 23121 NE 5th Street 1602, 121 NE 5th Street 1602, Miami FL 33132, photo 23 of 23
$574,900Asking Price
$1,057Per SqFt
1/2Beds/BathsBd/Ba
544SqFt · 50.5 m²
501 First Residences · MLS A12108736 · 14 days on Zilbert · Listed Oct 19, 2026 · 121 NE 5th Street 1602, Miami FL 33132

Property Details

Asking Price$574,900
Price per SqFt$1,057
Maintenance Fee$890 Monthly
Property TaxesNot yet assessed
Interior Space544 SqFt
Beds/Baths1/2
Year Built2025
MLS #A12108736

Location

Directions

From the listing

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!

Listed by EXP Realty LLC

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$890
Property taxesnot yet assessed
Per month (maintenance only)$890

Maintenance $890 a month. MLS figures, which may not be accurate.

Sales History for This Home · 501 First Residences Unit 1602

Sales history is unavailable for this property

Mark Zilbert, Global Real Estate Advisor
Mark Zilbert
Global Real Estate Advisor · ONE Sotheby's International Realty · I track every sale at 501 First Residences. Ask me about this home or the neighborhood.

Listed by EXP Realty LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.

The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.

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