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Private balcony featuring a glass panel railing, metal top rail, and concrete flooring
Move-in ready
  • 1 bd
  • 2 ba
  • 544 sqft

121 Ne 5Th St, Unit 1602, Miami, FL 33132

$574,900

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  • Condo
  • Quick move-in
  • $1056.8/sqft
  • $890/monthly HOA

Home 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!

Listed by Darnie Labrozzi, Darnie@Darnie.com
EXP Realty LLC, MLS A12108736

Information last verified by Jome: Today at 6:20 AM (October 22, 2026)

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Estimated value based on Jome data, T&C apply

Home details

*Pricing and availability are subject to change.
Property status:
Move-in ready
Neighborhood:
Downtown
Size:
544 sqft
Stories:
40
Beds:
1
Baths:
2
Garage spaces:
1

Construction details

Year Built:
2025

Home features & finishes

Flooring:
Ceramic Flooring
Garage/Parking:
Garage
Kitchen:
DishwasherMicrowave OvenRefrigeratorKitchen Range
Laundry facilities:
DryerWasher
Property amenities:
Balcony
Security system:
Smoke Detector
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Utility information

Heating:
Electric Heating, Water Heater

Neighborhood

Home address

121 Ne 5Th St, Unit 1602, Miami, FL 33132
Neighborhood:
Downtown
City:
Miami
Zip Code:
33132
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Schools in Dade County School District

At The home at Ne 5Th St, families are connected to education options near The home at Ne 5Th St through the Dade County School District. Primary education is provided by Frederick R. Douglass Elementary, teaching Elementary grades and situated 0.7 mi away. Middle school students proceed to Mater Academy East Middle School, a public facility for Middle grades located roughly 1.3 mi from the neighborhood. The final stage is Law Enforcement Officers Memorial High School, serving High grades within 0.5 mi and recorded with a rating of 6.
GreatSchools.org logo

GreatSchools’ Summary Rating calculation is based on 4 of the school’s themed ratings, including test scores, student/academic progress, college readiness, and equity. This information should only be used as a reference. Jome is not affiliated with GreatSchools and does not endorse or guarantee this information. Please reach out to schools directly to verify all information and enrollment eligibility. Data provided by GreatSchools.org © 2025

Places of interest

Regional destinations, particularly those focused on Education, are spread throughout the area near The home at Ne 5Th St. Among the several places identified, Miami Dade College - Padrón Campus is located about 3.0 mi away. These locations provide context for the broader community setting, appearing alongside other types of venues. This distribution highlights the destinations across the Miami area.

Getting around

The layout surrounding The home at Ne 5Th St influences how residents travel and plan their commutes. The Walk Score of 96 (Walker's Paradise) offers insight into foot travel, while the Bike Score of 79 (Very Bikeable) covers cycling infrastructure. Transit resources are measured by a score of 100 (Rider's Paradise), including 25 bus and 5 rail options. This data summarizes local transportation and mobility.
Walk score ®
96 /100
Walker's Paradise
Bike score ®
79 /100
Very Bikeable
Transit score ®
100 /100
Rider's Paradise
30 nearby routes: 25 bus, 5 rail, 0 other

Air quality

Noise level

The acoustic rating for The home at Ne 5Th St is listed as Active, based on a Noise Score of Active. Data from Soundscore identifies specific contributors, including traffic noise (Busy) and local sources (Active). This summary provides an objective look at noise measurements in Miami, Florida, helping to define the environmental context.
70
50Active100
Traffic noiseBusy
Local sources noiseActive
Airports noiseCalm

A Soundscore™ rating is a number between 50 (very loud) and 100 (very quiet) that tells you how loud a location is due to environmental noise.

Natural hazards risk

Evaluating the location of The home at Ne 5Th St involves reviewing the environmental data for Miami. With metrics provided by FEMA, specific conditions are easy to identify and track. This data-centric approach removes guesswork, providing a clear record of the factors that influence the local environment. The rating for Tornado is listed as Relatively High, based on a score of 98.47. This information is vital for understanding hazard considerations for this part of Florida, offering a clear and objective summary of the area's physical attributes.
Riverine flooding99.8
Very High
Wildfire98.7
Relatively High
Hurricane100.0
Very High
Earthquake65.0
Very Low
Heat wave0.0
No Rating
Coastal flooding76.5
Relatively Moderate

Provided by FEMA

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Listed by Darnie Labrozzi, Darnie@Darnie.com
EXP Realty LLC, MLS A12108736

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Last checked Oct 22, 6:20 am

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