121 NE 5th #501B, Miami FL 33132

Discover a brand-new luxury condominium at 501 First Residences in the heart of Downtown Miami. Completed in 2025, this Residential Condominium offers a modern high-rise lifestyle with no rental restrictions, creating an excellent opportunity for short-term rentals through Airbnb or VRBO, as well as comfortable full-time living.
Unit 501B features an open-concept layout, floor-to-ceiling glass windows, a private balcony, and elegant interiors designed by award-winning SHIM Projects. The residence is fully furnished and includes custom Italian cabinetry, premium Smeg appliances, a walk-in closet, smart home technology, and a washer and dryer. The official view designation is listed as none, while the balcony and expansive windows provide an attractive urban setting.

501 First Residences Unit 501B

Residents enjoy more than 20,000 square feet of amenities, including a 75-foot rooftop lap pool, HOMAGE fitness center, rooftop greenhouse, co-working areas, private movie theater, and barbecue area. Security features include a secured lobby, card entry, and fire alarm system. Central electric air conditioning and heating provide year-round comfort. Dogs are allowed.
The property includes one covered parking space. The monthly association fee is $563. Located in Miami-Dade County, the residence is steps from Miami Worldcenter, Kaseya Center, and the Brightline station.
Miami offers sunshine, warm weather, beautiful beaches, vibrant dining, nightlife, entertainment, and excellent transportation connections. 501 First Residences Unit 501B places it all within easy reach.
For details or to schedule a showing, call or WhatsApp +1 786.468.4380.