501 First Residences Miami

Welcome to 501 First Residences, a pioneering addition to the dynamic skyline of Downtown Miami. Soaring 40 stories high and comprising 476 meticulously designed studio, one-, and two-bedroom residences, this luxury tower redefines urban sophistication with the unique opportunity for short-term rentals. Whether you are an investor seeking high returns or a resident desiring the perfect blend of style, comfort, and flexibility, 501 First presents an unmatched lifestyle offering in one of the most vibrant cultural and economic hubs in the United States.

Developed with visionary precision by Revuelta Architecture International, this residential masterpiece stands as a beacon of forward-thinking design, blending sleek contemporary aesthetics with future-proof technologies and curated amenities.

Prime Location at the Heart of Downtown Miami

Strategically situated at 121 NE 5th Street, 501 First Residences places you in the epicenter of Miami’s bustling downtown district. With major landmarks such as Miami Worldcenter, Kaseya Center (formerly American Airlines Arena), the Perez Art Museum, Frost Museum of Science, and the future Brightline high-speed rail terminal to Orlando just minutes away, every element of art, culture, transportation, and commerce is within reach.

From here, Brickell’s financial district is just a 10-minute walk, while Wynwood’s trendy art and dining scene is only a short 5-minute drive. Miami Beach and Miami International Airport are both easily accessible in under 20 minutes, making this location exceptionally convenient for global travelers, business professionals, and lifestyle seekers.

A New Paradigm in Flexible Ownership and Investment

What sets 501 First Residences apart is its full allowance for short-term rentals, giving owners the ability to generate income through platforms like Airbnb or hotel-style arrangements. This makes it one of the most lucrative and versatile residential investments currently available in Downtown Miami.

Whether you choose to live in your residence full-time, rent it annually, or operate it as a short-term rental property, 501 First allows total freedom and financial potential with no rental restrictions—an increasingly rare advantage in Miami’s competitive property market.

Building Features Designed for Modern Urban Life

501 First is not just a place to live—it’s a place to thrive. The building offers a curated collection of amenities that support productivity, wellness, and social connection. Over 20,000 square feet of indoor and outdoor amenities span two floors at the top of the tower, granting residents panoramic city and water views as they enjoy resort-style living.

Key building features include:

• Elegant porte-cochère with 24/7 valet service Mid-century modern design in the residential lobby Ground-floor bistro and bar managed by GPG Hospitality Enclosed air-conditioned bicycle storage High-tech contactless package delivery system Pet lounge designed for furry companions Private club and chef’s entertainment kitchen Screening and media room for private events Tranquil urban greenhouse oasis with year-round greenery Expansive fitness center by HOMAGE Fitness with sunrise terrace, yoga zone, and personal training areas 75-foot resort-style rooftop lap pool with sweeping views Co-working spaces and private conference rooms Curated private art and music experiences for residents

Residence Features with a Designer Edge

Every residence at 501 First is fully finished and furnished by award-winning design firm Shim Projects, ensuring that each home is move-in ready with impeccable attention to detail. These residences are created to cater to modern tastes while delivering exceptional comfort and utility.

Interior features include:

• Floor-to-ceiling glass windows with custom window treatments Private balconies with stunning city or bay views Custom Italian kitchen and bathroom cabinetry and countertops Smeg appliance package including speed oven, paneled fridge, freezer, and dishwasher In-unit top-of-the-line washer and dryer Elegant Hansgrohe bathroom fixtures in matte dark finish Fully built-out closets for optimal storage Finished flooring throughout interiors and balconies

These thoughtfully designed living spaces combine the best of elegance, function, and style, making them ideal for long-term residency or luxurious short-term accommodation.