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$485,000
Miami, FL 33132
Estimated payment $3,902/month
includes HOA $875/mo · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr
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!!
Tour with a local agent
| Date | Event | Price |
|---|---|---|
| 2026-10-04T00:00:00.000Z | Listed for sale | $485,000$913/sqft |
Monica Norena
Luxe Properties
Brokerage Phone: 305-809-7650
Source: Beaches MLS · MLS #A12100451
Data Powered by Home Junction, Inc.
MIAMI DADE COLLEGE - MITCHELL WOLFSON CAMPUS
0.1 mi
NEW WORLD SCHOOL OF THE ARTS
High · 0.2 mi
SCHOOL FOR ADVANCED STUDIES-WOLFSON
High · 0.2 mi
Diageo North America
0.2 mi
Miami Souvenirs
0.3 mi
Red Apple Market
0.3 mi
Macondo Coffee Roasters
0.2 mi
Chick-fil-A
0.2 mi
Bubba Gump Shrimp Co.
0.3 mi
Dan Paul Park
0.4 mi
Maurice A. Ferré Park
0.4 mi
Bayfront Park
0.4 mi
Hobie Island Beach
2.3 mi
Hobie Island Beach Park
2.6 mi
South Pointe Beach
3.9 mi
Nearby amenity locations include data © OpenStreetMap contributors.