About this home
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…
Facts & features
- MLS ID
- A12108736
- Property type
- Condominium
- Neighborhood
- Miami
- Building
- 501 FIRST Residences
- Year built
- 2026
- Beds
- 1
- Baths
- 2
- Interior
- 544 sq ft
- Price per sq ft
- $1,057
- HOA
- $890 per month
- Waterfront
- No
- Covered parking
- 1
- Floor
- 16
- Listed
- Oct 19, 2026
- Days on market
- 2
- Financing accepted
- Cash, Conventional
- Appliances
- Dishwasher, Dryer, Electric range, Electric water heater, Microwave, Refrigerator, Washer
- Interior features
- Bedroom on main level
- Exterior features
- Balcony
- Flooring
- Ceramic tile
- Parking
- One space
- Pool
- Association, Heated
- Security
- Lobby secured, Smoke detectors
- Heating
- Electric
- Cooling
- Electric
- HOA covers
- Cable TV, Sewer, Trash, Water
Schools
Zoned public schools by county attendance boundary. Boundaries change — confirm enrollment eligibility with the school district before relying on this. Letter grades and School of Excellence designations are the Florida Department of Education’s, each for the year shown beside it.
- Elementary
- Douglass, Frederick ElementaryB2025-26Florida Department of Education school grade B, 2025-26 school year
- Middle
- de Diego, Jose MiddleB2025-26Florida Department of Education school grade B, 2025-26 school year
- High
- Washington, Booker T. Senior HighB2025-26Florida Department of Education school grade B, 2025-26 school year
Location
121 NE 5th St 1602
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