Experience luxury urban living at 501 First Residences, a brand-new 40-story condominium in Downtown Miami with no rental restrictions and exceptional income potential in the vibrant heart of Downtown Miami. This fully furnished 582 SqFt 1 Bed / 1 1/2 Bath east-facing residence features expansive skyline and bay views, overlooking Downtown Miami landmarks including the Freedom Tower, PortMiami, and Biscayne Bay. Modern design, floor-to-ceiling windows, private balcony,custom Italian cabinetry and in-unit washer/dryer. Located just steps from Miami Worldcenter, dining, entertainment, transit, and cultural destinations, 501 Residences redefines downtown lifestyle with over 20,000 sq. ft. of resort-style amenities including 24/7 valet, rooftop pool, fitness center, co-working spaces, pet lounge, private club suite, media room, and more. A turn-key opportunity in Miami's most dynamic urban core. Ideal for full-time living or income-generating investment
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Interior Features
- BuiltInFeatures
- BedroomOnMainLevel
- ClosetCabinetry
- Flooring: Tile
Appliances
- Dryer
- Dishwasher
- ElectricRange
- Microwave
- Refrigerator
- Washer
Heating and Cooling
- Cooling Features: Electric
- Heating Features: Electric
- Heating: Yes
Exterior and Lot Features
- Balcony
- SecurityHighImpactDoors
- Patio And Porch Features: Balcony, Open
Pool and Spa
- Pool Features: Association, Heated
Garage and Parking
- Covered Spaces: 1
- Garage Spaces: 1
- Parking Features: OneSpace, Valet
Home Features
- View: Bay, City, Water
- Security Features: DoorMan, ElevatorSecured, LobbySecured, FireSprinklerSystem, SmokeDetectors
Homeowners Association
- Association: Yes
- Association Amenities: BusinessCenter, Cabana, Clubhouse, FitnessCenter, Pool, Sauna, SpaHotTub, Elevators
- Association Fee: 870
- Association Fee Frequency: Monthly
- Association Fee Includes: AssociationManagement, CommonAreas, HotWater, Internet, MaintenanceGrounds, Parking, Pools, RecreationFacilities, Sewer, Security, Trash, Water
- Calculated Total Monthly Association Fees: 870
- Pets Allowed: Conditional, Yes
- Senior Community: No
Condo Info
- Unit Location: High Rise,Lobby
Rental Info
Other Property Info
- Source Listing Status: Active
- County: Miami-Dade
- Tax Year: 2025
- Restrictions: DailyRentalsAllowed
- Source Property Type: Residential
- Area: 41
- Property Subtype: condo
- Source Neighborhood: 501 First Residences
- Postal City: Miami
- Public Survey Range: 1
- Public Survey Section: 6
- Public Survey Township: 30
- Subdivision: 501 First Residences
- Property Subtype: Condominium
Building and Construction
- Year Built: 2025
- Direction Faces: East
- Entry Level: 19
- Entry Location: 19
- Living Area Source: Builder
- New Construction: Yes
- Property Age: 1
- Property Attached: Yes
- Year Built Details: Under Construction
- Architectural Style: HighRise