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 591 SqFt 1 Bed / 1 ½ 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
Listed by:
One Sotheby's International Realty
Source:
MIAMI MLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Apr 13, 2026 | 2 mos ago | Price decreased85,000 (13%) | $595,000 |
| Feb 27, 2026 | 3 mos ago | Price decreased40,000 (6%) | $680,000 |
| Feb 2, 2026 | 4 mos ago | New on market | $720,000 |