Andy Magic City Realtor
For Sale
Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami’s newest short-term-rental–friendly tower in the heart of Downtown
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121 5th St, 2211, Miami, FL 33132

$585,000

Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami’s newest short-term-rental–friendly tower in the heart of Downtown

Beds
1
Baths
2
Square Feet
659
Property Type
Condo
Year Built
2026
HOA Fee
$893 / mo
MLS ID
A11985345

About This Property

Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami’s newest short-term-rental–friendly tower in the heart of Downtown. This modern residence features an open layout, floor-to-ceiling impact windows, a sleek European kitchen with premium appliances, and a spacious den that functions as a second sleeping area or office. The private balcony offers city views and abundant natural light. Enjoy resort-style amenities including a rooftop pool with panoramic skyline views, state-of-the-art fitness center, coworking spaces, social lounges, and 24/7 concierge. STR/Airbnb allowed from day one, making it ideal for investors seeking high occupancy and strong returns. Unbeatable location: steps from MiamiCentral Brightline Station, Miami Worldcenter, Bayside, Kaseya Center, museums, dining, and retail. Quick access to Brickell, Wynwood, Miami Beach, and MIA Airport. Move-in ready, fully flexible, and perfectly positioned for both living and investment.

Features

  • —Elevator
  • —Entrance Foyer
  • —Den/Library/Office
  • —Family Room
  • —Florida Room
  • —Media Room
  • —Recreation Room
  • —Barbeque
  • —Open Balcony

Listed April 6, 2026 · Updated September 15, 2026 · Listing courtesy of Carolina Preciado, Potential Property Group