Inquire About this Property
Rare 2 Bed / 2 Bath at 501 First Residences, Downtown Miami's premier new tower. Perched on the 21st floor with a SE-facing balcony, this residence offers 760 sq ft per county records, with the developer's floor plan reflecting 835 sq ft interior + 180 sq ft balcony for 1,015 sq ft of total living area. Open-concept layout with floor-to-ceiling impact windows, custom Italian kitchen cabinetry, premium appliances, and in-unit washer/dryer. Primary bedroom features a full en-suite bath; second bedroom and additional full bath offer ideal flexibility for guests, roommates, or maximizing rental income. No rental restrictions — Airbnb allowed from day one. Delivered fully furnished and move-in ready. Enjoy 20,000+ sq ft of amenities: rooftop pool, hot tub, fitness center, 24/7 valet, co-working spaces, pet lounge, and media room — without condo-hotel restrictions. Steps from Miami Worldcenter, Brightline, Kaseya Center, and world-class dining. Minutes to Brickell, Wynwood, and MIA. The SE exposure frames iconic views of Biscayne Bay, PortMiami, and the Downtown skyline — among the most photogenic in the building. Unit is brand new and never occupied, offering true first-owner condition. With Downtown Miami's continued growth, strong short-term rental demand, and no income restrictions, this is a rare asset that works equally well as a primary residence, second home, or income-producing investment.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 7857 Ashmont Cir #213 | 213 | $165,000 | 2/1 | 827 | 77 | $525 | |
| 5050 NW 7th St #709 | 709 | $185,000 | 1/1 | 506 | 47 | $246 | |
| 0 #314 | 314 | $275,000 | 2/2 | 0 | 0 | $549 | |
| 11051 Sand Piper Ct # | $309,999 | 2/1 | 1,110 | 103 | $314 | ||
| 121 25th ST #1701 | 1701 | $929,000 | 2/2 | 0 | 0 | $1,244 | |
| 121 NE 5th ST #2101 | 2101 | $995,000 | 2/2 | 835 | 78 | $1,244 | |
| 4789 NW 1st St # | $1,079,000 | 4/2 | 0 | 0 | $0 | ||
| 300 Biscayne Blvd Way #3407 | 3407 | $3,500,000 | 3/3 | 0 | 0 | $3,550 | |
| 300 Biscayne Blvd way #4707 | 4707 | $3,950,000 | 3/3 | 2,350 | 218 | $2,400 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 208 | 03/04/2026 | $253,000 | $258,000 | 2 | 2 | 965 | 1 month |
| 309 | 02/02/2026 | $190,000 | $185,000 | 1 | 1 | 506 | 2 months |
| 212 | 01/08/2026 | $145,000 | $149,900 | 2 | 2 | 827 | 1 month |
| 207 | 11/12/2025 | $267,500 | $290,000 | 1 | 1 | 931 | 3 months |
http://www.magiccityrealtors.com/ is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed. Listing provided by FL Prime LLC