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One of the most flexible investment opportunities in all of Miami right now. This modern 1 Bed + Den is perfectly positioned in the heart of Downtown, offering exceptional views and one of the most desirable lines in the building. What makes this unit stand out? No rental restrictions — Airbnb daily, short-term, or long-term with zero limitations Fully furnished & never lived in — true turnkey, start earning immediately Smart layout with a versatile den (office or guest space) Located in a brand-new luxury building with resort-style amenities Unbeatable location — walk everywhere: Steps from Kaseya Center (concerts, NBA games, major events) Minutes to Miami Worldcenter — one of the largest developments in the U.S. Easy access to the Metromover Close to Brightline for seamless travel to Fort Lauderdale, West Palm & Orlando Quick reach to PortMiami — the cruise capital of the world Why this matters: Downtown Miami is rapidly transforming into the “new Manhattan” — with massive growth, global investment, and skyrocketing demand for flexible rental properties. This is not just a condo — it’s a cash-flow machine + appreciation play in one of the hottest markets in the country.

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 St, Miami, FL, 33132