About this home
Luxury 2BD/2BA residence at 501 First Residences in the heart of Downtown Miami. Brand-new and fully furnished, For Sale. Features floor-to-ceiling glass, private balcony with stunning bay and city views, sleek Italian cabinetry, and premium appliances. Enjoy 20,000+ SF of resort-style amenities including rooftop pool, hydrotherapy spa, fitness center by HOMAGE, yoga/meditation spaces, private lounges, chef’s kitchen, media room, and greenhouse retreat. Prime location within walking distance to Bayside Marketplace, Bayfront Park, and Kaseya Center, plus direct access to the Metromover for easy connectivity to Brickell, Design District, and South Beach. Easy to show.
Features
- Lobby
- Closet Cabinetry
- Other
- Family Room
- Storage
- Open Balcony
- Bay
- Other View
- Skyline
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $4,945
- HOA
- $1,300 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.