About this home
Experience luxury living at 501 First in the heart of Downtown Miami. This brand-new, fully furnished residence features designer finishes, floor-to-ceiling windows, a private balcony, Italian cabinetry, premium European appliances, built-out closets, and an in-unit washer and dryer. Residents enjoy over 20,000 square feet of resort-style amenities, including a rooftop pool, hot and cold plunge pools, fitness center, yoga studio, co-working spaces, private dining rooms, outdoor movie theater, sunrise and sunset terraces, and stunning 360-degree city and bay views. Ideally located just steps from Miami Worldcenter, Kaseya Center, Museum Park, Brightline, Pérez Art Museum, and Biscayne Bay. With no rental restrictions, this property offers an outstanding opportunity for both homeowners and investors.
Features
- First Floor Entry
- Elevator
- Other
- Other View
- Skyline
- Water View
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
- $3,342
- HOA
- $567 / 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.