About this home
Elevated city living at 501 First Residences, a striking 40-story address in Downtown Miami with no rental restrictions and exceptional income potential. This fully furnished 591 sq ft one-bedroom, 1.5-bath east-facing residence captures sweeping skyline and bay views, including the iconic Freedom Tower, PortMiami, and Biscayne Bay. Floor-to-ceiling glass, a private balcony, refined finishes, Italian cabinetry, and in-unit washer/dryer define the interiors. Moments from Miami Worldcenter, dining, culture, and transit. Indulge in 20,000+ sq ft of curated amenities including rooftop pool, fitness center, co-working spaces, club suite, and 24/7 valet.
Facts & features
- MLS ID
- A12004132
- Property type
- Condominium
- Neighborhood
- Miami
- Building
- 501 FIRST Residences
- Year built
- 2026
- Beds
- 1
- Baths
- 1.5
- Half baths
- 1
- Interior
- 591 sq ft
- Price per sq ft
- $1,007
- HOA
- $870 per month
- Furnished
- Furnished
- Pets
- Yes — conditional
- Waterfront
- No
- Covered parking
- 0
- Floor
- 33
- Listed
- Apr 24, 2026
- Days on market
- 134
- Reduced from
- $605,000
- Financing accepted
- Cash, Conventional
- Exposure
- Faces east
- Appliances
- Dishwasher, Dryer, Electric range, Microwave, Refrigerator, Washer
- Interior features
- Bathtub, Bedroom on main level, Built in features, Closet cabinetry
- Exterior features
- Balcony, Security high impact doors
- Flooring
- Tile
- Parking
- One space, Valet
- Pool
- Association, Heated
- Security
- Door man, Fire sprinkler system, Lobby secured, Smoke detectors
- Heating
- Electric
- Cooling
- Central air
- HOA covers
- Association management, Common areas, Hot water, Internet, Maintenance grounds, Parking, Pools, Recreation facilities, Security, 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 Steet 3313
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