501 FIRST RESIDENCES,501 DOWNTOWN
121 NE 5 ST # 3507, Miami FL 33132
1 baths · 443 ft²
1
Bathrooms
443
Sq. Ft.
2026
Year Built
40
Stories
100
Days on Market
Description
Live in the heart of vibrant Downtown Miami in this brand-new, fully furnished studio at 501 First Residences. This modern retreat features floor-to-ceiling glass walls, a private balcony with stunning city views, sleek Italian cabinetry, premium Smeg appliances, and high-end finishes by Shim Projects. Every detail is designed for effortless urban living. Enjoy an unmatched resort-style lifestyle with over 20,000 sq ft of premium amenities, including a breathtaking rooftop pool with a 75-foot resort-style lap pool and hot hydrotherapy bath, dedicated sunrise and sunset decks perfect for relaxing with panoramic views, a state-of-the-art fitness center designed by HOMAGE Fitness (with yoga/meditation area and private training rooms), and a sophisticated lounge room featuring a private club suite, chef’s kitchen, media room, and lush greenhouse oasis. This 40-story tower offers smart community features and a prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, and minutes from Brickell, the Design District, and South Beach. Move-in ready and move-in fabulous — experience Downtown Miami living at its finest. Don’t miss your chance to call 501 First home!
Facts
- MLS#
- A11991689
- Subdivision
- 501 FIRST RESIDENCES,501 DOWNTOWN
- Property Type
- Residential Lease
- Property Sub Type
- Condominium
- Year Built
- 2026
- Lot Size
- 0 sqft
- Sq. Ft.
- 443 ft²
- Sq. Mt.
- 41 m²
- Price per sq. ft.
- $6/ft²
- Price per sq. mt.
- $61/m²
- Stories
- 40
- Garage
- —
- Pool
- —
- Days on Market
- 100 days
- Listed
- Mar 30, 2026
- Last Updated
- Jul 8, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
45
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 7/8/2026 | Price change | $2,500-16.7% |
| 3/30/2026 | Listed for sale | $3,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Charles David Wyche, Jr Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.1 mi
- Gina Cumbie
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.4 mi
- North Dade Regional Academy
PK,KG · private · 0.4 mi
- Lake Stevens Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
- Lake Stevens Middle School
6,7,8 · public · 0.6 mi
- All Stars Education Academy
KG,1,2,3,4,6,7,8,9,10,11,12 · private · 0.7 mi
- His House Academy
KG,1,2,3,4,5,6,7,8 · private · 0.8 mi
- ACCELERATION ACADEMIES-CENTRAL MIAMI-7871
8,9,10,11,12 · public · 0.8 mi
- Miami Gardens Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
- Little College At Ludlam C Corporation
PK,KG,1 · private · 0.9 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Affordability
What you'd typically need to qualify for this rental under the standard 30% rule.
$8,333
gross income / month to qualify
Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated 1 hour ago
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