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Property Description
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.
Property Details
- Unit #
- 2101 (floorplan)
- Bedrooms
- 2
- Bathrooms
- 2
- Maintenance Fee
- $1,244/mo
- Tax year
- 2025
- Living Area
- 835 sq ft.
- $/Sqft
- 1,192
- Living Area (M2)
- 77.5715
- Year Built
- 2005
- Tax Amount
- $
- Status
- Active
- Listing Type
- Highrise Condo
- Buiding
- One Miami
- Tower
- West
- Internet/Ethernet
- Yes
- Days On Website
- 1 month
- Pool
- Yes
- Pets Allowed
- Yes
- Parking Spots
- 1
- Valet Services
- Yes
Property Amenities
Interior Features
- Closet Cabinetry
- Fire Sprinklers
Exterior Features
- Barbeque
- Open Balcony
Equipment
- Dishwasher
- Disposal
- Dryer
- Free-Standing Freezer
- Microwave
- Electric Range
- Refrigerator
- Self Cleaning Oven
Map Location
Similar Units
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 7857 Ashmont Cir #213 | 213 | $139,900 | 2/1 | 827 | 77 | $525 | |
| 5050 NW 7th St #709 | 709 | $185,000 | 1/1 | 506 | 47 | $246 | |
| 5050 NW 7th St #312 | 312 | $190,000 | 1/1 | 506 | 47 | $246 | |
| 5050 NW 7th St #220 | 220 | $205,000 | 1/1 | 624 | 58 | $302 | |
| 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 | |
| 4789 NW 1st St # | $989,000 | 4/2 | 0 | 0 | $0 | ||
| 121 NE 5th ST #2101 | 2101 | $995,000 | 2/2 | 835 | 78 | $1,244 | |
| 300 Biscayne Blvd Way #3407 | 3407 | $3,250,000 | 3/3 | 0 | 0 | $3,550 | |
| 300 Biscayne Blvd way #4707 | 4707 | $3,950,000 | 3/3 | 2,350 | 218 | $2,400 |
Recent Similar Sales/Rentals
1 Bedroom Apartments Recent Sales
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 309 | 02/02/2026 | $190,000 | $185,000 | 1 | 1 | 506 | 2 months |
| Number of Units | Avg Price | Avg $/SQFT | Lowest Sale Price | Highest Sale Price | Avg Days on Market |
|---|---|---|---|---|---|
| 1 | $190,000 | $366 | $190,000 | $190,000 | 89 |
2 Bedroom Apartments Recent Sales
| 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 |
| 212 | 01/08/2026 | $145,000 | $149,900 | 2 | 2 | 827 | 1 month |
| Number of Units | Avg Price | Avg $/SQFT | Lowest Sale Price | Highest Sale Price | Avg Days on Market |
|---|---|---|---|---|---|
| 2 | $199,000 | $224 | $145,000 | $253,000 | 53 |
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