This Condominium in 501 First Residences, Miami is currently offered at $661,000 with 1 bedroom, 3 bathrooms, 545 sq ft of living area. Built in 2025, and the current asking price works out to about $1,213 per sq ft, and the MLS currently reports 53 days on market.
Key Property Facts
Property TypeCondominium
Subdivision501 First Residences
Development501 First Residences
CountyMiami-Dade
WaterfrontNo
Association Fee$567 Monthly
Original List Price$661,000
MLS IDA12054781
UpdatedAug 14, 2026
About This Property
Experience luxury living at 501 First in the heart of Downtown Miami. This brand-new, fully furnished residence features designer finishes, floor-to-ceiling windows, a private balcony, Italian cabinetry, premium European appliances, built-out closets, and an in-unit washer and dryer. Residents enjoy over 20,000 square feet of resort-style amenities, including a rooftop pool, hot and cold plunge pools, fitness center, yoga studio, co-working spaces, private dining rooms, outdoor movie theater, sunrise and sunset terraces, and stunning 360-degree city and bay views. Ideally located just steps from Miami Worldcenter, Kaseya Center, Museum Park, Brightline, Pérez Art Museum, and Biscayne Bay. With no rental restrictions, this property offers an outstanding opportunity for both homeowners and investors.
What Stands Out
Association fee $567 Monthly
Built in 2025
53 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.
