Andy Magic City Realtor
For Sale
Experience sophisticated urban living at 501 First Residences, a newly built luxury tower in the heart of Downtown Miami
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121 5th St, 1909, Miami, FL 33132

$355,000

Experience sophisticated urban living at 501 First Residences, a newly built luxury tower in the heart of Downtown Miami

Baths
1
Square Feet
359
Property Type
Condo
Year Built
2025
HOA Fee
$589 / mo
MLS ID
A12105289

About This Property

Experience sophisticated urban living at 501 First Residences, a newly built luxury tower in the heart of Downtown Miami. This beautifully appointed and professionally decorated studio offers striking Manhattan-style skyline views from its private balcony, creating a true metropolitan atmosphere. Featuring contemporary finishes, a fully equipped kitchen, an in-unit washer and dryer, and a thoughtfully designed living space. Enjoy resort-style amenities including a spectacular rooftop pool, fitness center, hot tub, cold plunge, rooftop cinema, and resident lounges. Currently operating as a successful Airbnb short-term rental generating strong income, with the flexibility of nightly rentals. An exceptional turnkey investment opportunity! Inquire for annual rental income details.

Features

  • —First Floor Entry
  • —Closet Cabinetry
  • —Fire Sprinklers
  • —Open Balcony

Listed October 12, 2026 · Updated October 14, 2026 · Listing courtesy of Ygal Benichay, Rich Homes of Florida