501 First Residences

Condos in Miami
$300,000 - $705,000
Price Range
501 NE 1st Ave, Miami, FL 33132
40 Floors 448 Residences 2023 Year Built

Key Details:
Area: Miami, Downtown Miami
Architect: Revuelta Architectural International
Developer: Aria Development Group
Interior Design: Shim Projects
Maintenance: 0.95

501 First Residences condos for sale in Miami

501 First is a Brand New Pre-Construction project that we just lunched a few months ago. We are taking Reservations with 5% Deposit.

It begins with an enviable location that means you’re only minutes away from everywhere you want to be. It continues with smart community spaces, amenities, and technologies that simplify life and save your time for what you enjoy most. Welcome to 501 FIRST.

501 First Residences condos for sale

501 FIRST Residences is a pre-construction condominium building designed by Revuelta Architectural International and developed by Aria Development Group with interiors by Shim Projects. Rising 40 stories, 501 First Residences will have 448 condo residences comprised of studios to 2-bedroom floor plans ranging in size from 385 to 835 interior square feet. The apartments at 501 First Residences will feature fully finished and fully furnished units, built-out closets, floor-to-ceiling glass windows with custom window treatments, a balcony. an in-unit washer and dryer, Smeg kitchen appliances, and Hansgrohe bathroom fixtures and accessories. 501 First Residences will offer views of the Miami skyline and Biscayne Bay.

Residents of 501 FIRST will enjoy a number of wonderful amenities, including 24-7 valet parking service, a ground-floor bistro and bar helmed by GPG Hospitality, air-conditioned bicycle storage, a pet lounge, personal storage, boardrooms with video conferencing and smart technology, and spacious co-working spaces. Additionally, on the top two floors of the building, residents will have access to over 20,000 square feet of amenities, including a private club suite with game tables; an entertainment chef’s kitchen; a media room and library; a greenhouse; a world-class fitness center; and rooftop movie theater, outdoor game lawn, hot hydrotherapy bath; over-sized swim-spa; and a 75-foot-long, resort-style lap pool.

501 First Residences condos for sale in Miami

The completion date of 501 FIRST Residences is slated for 2024. The monthly association dues are projected to be 95 cents per square foot.

501 First condominium will be located at 501 Northeast 1st Avenue in Downtown Miami. Its location will place residents of 501 First Residences within walking distance of Bayside Marketplace, the American Airlines Arena, and Bayfront Park. By car, 501 First Residences will be 12 minutes from the Miami Design District, 13 minutes from the Miami International Airport, and 15 minutes from South Beach.

Breathtaking views of the Biscayne Bay and the glittering Miami skyline around, it is a gorgeous undulating green expanse of 30 acres. The park is home to the Phillip and Patricia Frost Museum of Science and its waterfront treasure - Perez Art Museum Miami.

FTX ARENA (Home of the Miami Heat)
The 20,000-seat FTX Arena, home to the NBA Miami Heat, is nestled on the majestic Biscayne Bay. Besides its sports accommodation, American Airlines Arena hosts worldclass concerts and shows, from Adele to Jennifer Lopez.

The Adrienne Arsht Center, designed by world-renowned architect Cesar Pelli, is one of the most important performing arts venues, with two major single-purpose halls created to present the finest in classical and popular entertainment, from ‘Hamilton’ to ‘Don Quixote’.

Miami Worldcenter is stated to be a magnetic destination for tourists and business visitors in the heart of Downtown. This is the biggest mixed-use development in the U.S. after New York’s Hudson Yards.

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.

Per your request, below please find more information, inventory and DropBox links. After you’ve had a chance to review it, please feel free to call if you have any questions or would like to schedule a presentation.

501 First Residences DropBox:

501 First Residences Brochure:

501 First Residences Fact Sheet:

501 First Residences Floor Plans:

Building Amenities:
  • Porte-cochère entrance with 24/7 valet service
  • On-site management office
  • Mid-century, modern-inspired interior finishes and furniture in residential lobby with 25ft ceiling
  • Secure bicycle storage in enclosed and air-conditioned space
  • Centrally-located personal storage for all owners
  • Luxer One Package Room featuring a tech-forward, contactless digital package delivery system
  • Dry-cleaning service
  • Ground floor bistro and bar helmed by GPG Hospitality
  • State-of-the-art indoor gym with private fitness training rooms
  • Yoga/meditation room
  • 75-foot resort-style lap pool
  • North-facing private rooftop movie theatre experience
  • Grill & Chill on the Sunrise and Sunset Decks
  • Outdoor Game Lawn
  • Hot hydrotherapy bath
  • Private club suite with game tables
  • Entertainment chef’s kitchen
  • Media Room
  • Library
  • Private workspaces
  • Pet Lounge with pet bath station
  • Greenhouse
Residence Features:
  • Fully finished and furnished residences thoughtfully curated by award-winning design firm, Shim Projects
  • Floor to ceiling glass windows with custom window treatments
  • All residences feature balconies
  • Biscayne Bay and Miami skyline views
  • Finished flooring on all residential interiors and balconies
  • In-unit washers and dryers
  • Kitchens and bathrooms feature custom Italian cabinetry and counters
  • Speed oven by Smeg
  • Integrated paneled refrigerator and freezer
  • Dishwasher
  • Fully built-out closets
  • Hansgrohe bathroom fixtures, features, and accessories in dark matte finish
Deposit Structure:
  • 20% at Contract
  • 20% at Groundbreaking (Q2 2022)
  • 10% at Top off (Q1 2023 )
  • 50% at Closing (Q3 2024)
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