Photo courtesy of Beaches MLS
Condo · Miami · 501 FIRST RESIDENCES
121 NE 5th #501B, Miami, FL
About this home
Brand New Luxury Condo at 501 First Miami – No Rental Restrictions!Be the first to own this pristine, newly delivered residence (Unit 501B) in the heart of Downtown Miami. Located in the highly anticipated 501 First Residences, this unit offers the ultimate flexibility with no rental restrictions, making it a premier choice for high-yield short-term rentals (Airbnb/VRBO) or a sophisticated urban lifestyle.Unit Features:Modern open-concept layout with floor-to-ceiling glass windows.Private balcony with stunning city skyline views.Fully finished and furnished with interiors by award-winning SHIM Projects.High-end Smeg appliances and custom Italian cabinetry.In-unit washer/dryer and smart home technology.Building Amenities:Experience over 20,000 SF of world-class amenities, including a 75-foot rooftop lap pool, a state-of-the-art fitness center by HOMAGE, a lush rooftop greenhouse, co-working spaces, and a private movie theater.Strategically located steps away from Miami Worldcenter, Kaseya Center, and the Brightline station. Don't miss this turnkey investment opportunity!
- Area
- Miami
- Building
- 501 FIRST RESIDENCES
- MLS #
- A11974262
- HOA (per month)
- $563Includes: Internet
- Year built
- 2025
- Floors in the building
- 40
- Parking
- Garage: 1
- Pets
- Allowed
- New construction
- Yes
- Flooring
- Ceramic Tile, Tile
- Listed
- March 1, 2026
- Days on market
- 251
Interior features
- Tub Shower
- Walk In Closets
Exterior features
- Barbecue
Building amenities
- Billiard Room
- Bike Storage
- Clubhouse
- Elevators
- Pool
- Parking
- Spa Hot Tub
Parking features
- Covered
Appliances
- Dryer
- Dishwasher
- Electric Range
- Electric Water Heater
- Ice Maker
- Microwave
- Refrigerator
- Washer
Location
The map loads only when you open it.
Estimate your monthly cost
A planning estimate only. It is not a loan offer, a quote or financial advice, and a lender's real numbers will differ.
The rate is an example, not a quote. Type your own.
Estimate: lenders often ask foreign buyers for a larger down payment, so this sets it to 35%. Your real terms depend on the lender. You can change the number.
Type an interest rate to see your estimate.
- Loan amount
- Principal and interest
- Property tax
- Insurance
- HOA or dues
- Mortgage insurance (PMI, estimate)
- Estimated total per month
Estimate only, based on the numbers you typed. Taxes, insurance and dues vary by property and lender. PMI is estimated at 0.5% a year of the loan while the down payment is under 20%.
501 FIRST RESIDENCES
All homes in 501 FIRST RESIDENCESGet alerts for 501 FIRST RESIDENCES
More in 501 FIRST RESIDENCES and similar homes
6 listingsRecently sold in 501 FIRST RESIDENCES
2 listingsListing information is deemed reliable but is not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Data is supplied by the MLS and may be subject to change or withdrawal without notice.
Last updated October 31, 2026, 2:41 am
