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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!

501 FIRST Residences is a 40-story, 448-unit condominium delivered by Aria Development Group at 501 NE 1st Avenue, on the western edge of Downtown Miami's Park West and Worldcenter corridor. Designed by Revuelta Architecture International with interiors by Shim Projects, the 501 FIRST tower was engineered around a single thesis that separates it from most Downtown Miami high-rises: there are no minimum-stay restrictions, so owners can list units on Airbnb, VRBO, Expedia, and other short-term platforms from day one. Layouts run from compact studios near 385 square feet up to two-bedroom plans approaching 835 square feet, and every residence at 501 FIRST is delivered fully finished and furnished with Italian cabinetry, a Smeg appliance package, Hansgrohe fixtures in a matte dark finish, and ButterflyMX smart access already installed. The location is the strategic asset behind the 501 FIRST Residences pitch. The 501 NE 1st Avenue site sits steps from Brightline's MiamiCentral station, a short Metromover ride from Bayfront Park and Bayside Marketplace, and directly adjacent to the Miami Worldcenter master-planned development and the Kaseya Center arena. Perez Art Museum and the Frost Science Museum are a few blocks east along Biscayne Boulevard, and the Adrienne Arsht Center sits a few blocks north, putting most of Downtown Miami's leisure and tourist demand pipeline within a 10-minute walk of the building. The Downtown 501 FIRST project devotes more than 20,000 square feet to amenities, including a two-level rooftop with a 75-foot lap pool, a private movie room, a Greenhouse garden lounge, a HOMAGE-designed fitness center with sunrise terrace, and a co-working floor with private meeting rooms. A ground-floor bistro by GPG Hospitality, 24/7 valet, and a Luxer One package room round out a building purpose-built for owner-operators rather than end-users looking for a quiet condo. With completion reported in 2026, 501 FIRST gives buyers and investors immediate occupancy and an operational rental program, two factors that pull the 501 FIRST Residences product line ahead of competing Park West towers still working toward delivery.
Floor plans and unit details are subject to change. Contact us for the most current information.
121 NE 5th, Miami, FL, 33132