This Condominium in 501 First Residences, Miami is currently offered at $595,000 with 1 bedroom, 2 bathrooms, 659 sq ft of living area. Built in 2026, and the current asking price works out to about $903 per sq ft, and the MLS currently reports 154 days on market.
Key Property Facts
Property TypeCondominium
Subdivision501 First Residences
Development501 First Residences
CountyMiami-Dade
WaterfrontNo
Association Fee$893 Monthly
Original List Price$630,888
MLS IDA11985345
UpdatedSep 2, 2026
About This Property
Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami’s newest short-term-rental–friendly tower in the heart of Downtown. This modern residence features an open layout, floor-to-ceiling impact windows, a sleek European kitchen with premium appliances, and a spacious den that functions as a second sleeping area or office. The private balcony offers city views and abundant natural light.Enjoy resort-style amenities including a rooftop pool with panoramic skyline views, state-of-the-art fitness center, coworking spaces, social lounges, and 24/7 concierge. STR/Airbnb allowed from day one, making it ideal for investors seeking high occupancy and strong returns.Unbeatable location: steps from MiamiCentral Brightline Station, Miami Worldcenter, Bayside, Kaseya Center, museums, dining, and retail. Quick access to Brickell, Wynwood, Miami Beach, and MIA Airport.Move-in ready, fully flexible, and perfectly positioned for both living and investment.
What Stands Out
Price reduced $35,888 from the original list price
Association fee $893 Monthly
Built in 2026
154 days on market
Quick Payment Estimate
What might this home cost each month?
Starting rate:
6.66%
30 year fixed national average
· updated Aug. 27, 2026
Taxes, insurance, flood coverage and PMI are not included here.HOA / condo fee prefilled from MLSRate is editable and is not a lender quote.
Local Real Estate Context
About 501 First Residences and Miami
The MLS record identifies this property with 501 First Residences in Miami, Miami-Dade. For attached homes, buyers should compare association costs, included services, building age, amenities and any use restrictions along with the purchase price. The association fee shown in the MLS should be considered as part of the property’s ongoing ownership cost, not just the asking price.
