$485,000
Miami, FL 33132
MLS# A12100451
1 beds | 2 baths | 531 sqft
1 / 21
Property Description
PRIME INVESTMENT OPPORTUNITY AT 501 FIRST RESIDENCES! OWN A PIECE OF MIAMI IN THE HEART OF DOWNTOWN! Competitively priced and offered fully furnished, this 1-bedroom, 1.5-bath residence features 582 SF of thoughtfully designed living space in one of Miami’s newest short-term rental-friendly developments. ALREADY OPERATING ON SHORT-TERM RENTAL PLATFORMS with a strong reported performance history! Operating financials and rental reports available to serious buyers upon request. A fantastic opportunity for investors seeking an established rental operation rather than starting from scratch! Enjoy contemporary finishes, a modern kitchen, floor-to-ceiling windows and resort-style amenities, including a spectacular rooftop pool overlooking Miami’s skyline, fitness facilities and inviting social spaces. UNBEATABLE DOWNTOWN LOCATION near Miami Worldcenter, Kaseya Center, Brightline, Bayside Marketplace, PortMiami’s cruise terminals, shopping, dining and entertainment, with Miami International Airport approximately 5 miles away. Continue with the existing property management team or explore your preferred operator, subject to applicable requirements. COMPETITIVELY PRICED FOR ITS SIZE! FINANCIALS AVAILABLE! MOTIVATED SELLER! AN EXCEPTIONAL TURNKEY INVESTMENT OPPORTUNITY. PRICED TO SELL!UPDATED PHOTO OF THE BUILDING'S RESORT AMENITIES COMING THIS WEEK! STAY TUNED!!
Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Call Listing Agent
Listing Date: 2026-10-04
Status: Active
Original List Price: 485000
List Price: $485,000
Current Price: $485,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33132
Subdivision Number: 8
Special Assessment YN: No
Country: United States
Street Number: 121
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Street
Unit Number: 1813
State Or Province: FL
Postal Code: 33132
Postal Code +4: 2625
Subdivision Name: 501 RESIDENCES
Area: 2410
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0141010084570
General Property Information
Unit Floor #: 18
Adjusted Area Main: 531
Living Area Main: 531
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 40
Property Sub Type: Condominium
Bedrooms Total: 1
Bathrooms Total: 2
Bathrooms Full: 1
Bathrooms Half: 1
Building Area Main: 531
Year Built: 2025
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 875
Membership Fee Required YN: No
Association YN: 1
Association Fee: 875
Association Fee Frequency: Monthly
Tax Annual Amount: 8329
Tax Year: 2025
Tax Legal Description: 501 FIRST RESIDENCES CONDO UNIT 1813 UNDIV 0.21929% INT IN COMMON ELEMENTS OFF REC 35067-4463
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 100
Application Information
1-2 Weeks Approval: 1
Amenities
Bike Storage: 1
Business Center: 1
Clubhouse: 1
Elevator(s): 1
Fitness Center: 1
Heated Pool: 1
Kitchen Facilities: 1
Lobby: 1
Picnic Area: 1
Pool: 1
Sauna: 1
Spa/Hot Tub: 1
Trash Chute: 1
Association Amenities
Maintenance: 1
Association Fee Includes
Hot Water: 1
Internet: 1
Pool Service: 1
Security: 1
Sewer: 1
Trash: 1
Water: 1
Dining Area
Dining/Living Room: 1
Electric
Circuit Breakers: 1
Exterior Features
Lighting: 1
Flooring
Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Okay To Lease During First Year: 1
Short Term Rentals Allowed: 1
Parking Features
Valet: 1
Property Condition
New Construction: 1
Possession
Other: 1
Special Information
Sold As-Is: 1
Utilities
Cable Available: 1
View
Water: 1
Other: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: 1
Unit Description
High Rise: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Ice Maker: 1
Microwave: 1
Construction Materials
Block: 1
Green Energy Efficient
HVAC: 1
Interior Features
Entrance Foyer: 1
Listing Terms
Cash: 1
Conventional: 1
Security Features
Closed Circuit Camera(s): 1
Elevator Secure: 1
Fire Alarm: 1
Fire Sprinkler System: 1
Key Card Entry: 1
Lobby - Attended: 1
Security System: 1
Water Heater Details
Electric Water Heater: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Showing Service: 1
Master Bedroom/Bath
Bedroom On Entry Level: 1
Combo Tub/Shower: 1
Pets Allowed YN
Yes: 1
Restrictions
No Restrictions: 1
Tax Information
New Construction: 1
Outdoor Living Spaces
Balcony: 1
Balcony Details
Balcony - Open: 1
Price Calculations
Current Price To SqFt: 913.37
Section Details
Parcel Number MLX: 4570
Status Change Information
Major Change Timestamp: 2026-10-04T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-04
Originating Details
Originating System Key: 565810592
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval
Association Amenities: Maintenance
Association Fee Includes: Hot Water; Internet; Pool Service; Security; Sewer; Trash; Water
Dining Area: Dining/Living Room
Electric: Circuit Breakers
Exterior Features: Lighting
Flooring: Tile
Leasing Permitted Details: Okay To Lease; Okay To Lease During First Year; Short Term Rentals Allowed
Parking Features: Valet
Property Condition: New Construction
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave
Water Heater Details: Electric Water Heater
Construction Materials: Block
Cooling: Central Air
Association Type: Condominium
Green Energy Efficient: HVAC
Heating: Central
Interior Features: Entrance Foyer
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Possession: Other
Restrictions: No Restrictions
Security Features: Closed Circuit Camera(s); Elevator Secure; Fire Alarm; Fire Sprinkler System; Key Card Entry; Lobby - Attended; Security System
Special Information: Sold As-Is
Tax Information: New Construction
Unit Description: High Rise
Utilities: Cable Available
View: Water; Other
Showing Requirements: Appointment Only; Call Listing Agent; Showing Service
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open
Listing Office: Luxe Properties
Last Updated: October - 05 - 2026
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