501 First Residences
501 Northeast 1 St Avenue, Downtown Miami, FL
501 First Residences
501 Northeast 1 St Avenue, Downtown Miami, FL
For Sale
For Rent
List Price
$690K+
For Sale
For Rent
List Price
$690K+
About
501 First Residences
Fully Finished and Furnished units accompanied by NO Rental Restrictions means the owners will have the freedom to use or rent their unit as they wish. For those seeking more control over their investment, all of the booking platforms such as Airbnb, HomeAway, VRBO & others are available. For the ones that are interested in a more hands off approach, an in-house management program is also a great options.
Natalia Peysina
natalia@mnmcompanies.com
Get exclusive availability, pricing, and floor plans for 501 First Residences. Schedule a private showing today.
Key Building Details
Sales Stats
Key averages for these properties
Avg List Price
$690,000
Avg List Price / Sq Ft
$1,350
Avg Sale Price
—*
*past 6 months
Avg Sale Price / Sq Ft
—*
*past 6 months
Sales History
Number of sold properties by month
May 20260
April 20260
March 20260
February 20260
January 20260
December 20250
Available properties at 501 First Residences
Project Team
Developer
ARIA DEVELOPMENT
Architect
REVUELTA ARCHITECTURE INTERNATIONAL
Interior Design
SHIM PROJECTS
Deposit Schedule
Step 1
5% at Reservation
Step 2
15% at Contract
Step 3
20% at Groundbreaking (Q1 2022)
Step 4
10% at Top off (Q1 2023 )
Step 5
50% at Closing (Q2 2024)
Highlights
RESIDENTIAL FEATURES
Floor to ceiling glass windows with custom window treatment
All residences feature balconies
Finished flooring on all residential interiors and balconies
Kitchens and bathrooms feature custom Italian cabinetry and counters
Innovative household appliances by Smeg featuring: Speed oven, Integrated paneled refrigerator/freezer, Dishwasher
Top-of-the line, separate, in-unit washers and dryers
Fully built-out, generous closets
Hansgrohe bathroom fixtures, features and accessories in matte dark finish
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BUILDING FEATURES & AMENITIES
Elegant porte-cochère with 24-7 valet service upon entry
Mid-century modern-inspired interior finishes and furniture in residential lobby with 25’ ceiling heights
.
Ground floor bistro and bar helmed by GPG Hospitality, one of New York City’s premier restaurateurs
Secure bicycle storage in enclosed and air-conditioned space
Pet Lounge – Pet bath station to cater to furry residents
Centrally-located personal storage for all owners
Luxer One Package Room featuring a tech-forward, contactless digital package delivery system, cold storage and dry-cleaning service
Fully integrated ButterflyMX digital property access system offering secure, smart and convenient video intercom solutions
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VERDE - THE ROOFTOP
Two-story, double-height amenity area encompassing over 20,000 SF of interior and exterior recreational uses featuring 360-views
Private club suite with game tables
Entertainment chef’s kitchen
Media Room & Library with expansive cultural offerings
Greenhouse, an urban oasis featuring soothing greenery and plants year-round to relax and unwind at your leisure
Affordability
Calculate your monthly mortgage payments
Your estimated payment: $5,184/month
Home Price
Down Payment
Interest Rate
Property Tax Rate
HOA /month
Insurance /month
Loan Type
Principal & Interest
$3,544Property Taxes
$633Home Insurance
$201HOA
$807Powered by Panda IDX · *Data used for estimated monthly cost is provided for informational purposes only. Actual rates may vary based on credit score, location, and lender. Interest rates as of March 2026.