501 First Residences — Apartments in the Heart of Miami for Living and Investment
501 First Residences is more than just premium apartments in Downtown Miami — it is a flexible investment tool located in the city’s most dynamic district. Here, every day brings new opportunities — from vibrant cultural events and scenic walks along Biscayne Bay to stable rental income.
This elegant 40-story residential tower, featuring mid-century modern design elements, is designed for those who value freedom of choice, a contemporary lifestyle, and investment flexibility. The concept features no rental restrictions, giving owners maximum opportunities: live in the residence, rent it short-term independently through any platform — from Airbnb to Booking.com — 365 days a year, or delegate management to a professional company.
The project combines architectural aesthetics, functional layouts, resort-style amenities, and strong investment appeal.
Starting price for studios (385 SF / 36 m²): from $314,000.
Residences Design
The interiors of the 448 residences blend modern aesthetics, practicality, and durability, making each space ready for comfortable living or successful rentals without additional investment.
Key features:
- Floor-to-ceiling panoramic windows provide natural light and views of the city and Biscayne Bay.
- Spacious balconies in all residences, extending the living space outdoors.
- Premium finishes: move-in ready flooring and weather-resistant terrace materials.
- Italian kitchens and bathrooms with custom cabinetry and stone countertops.
- Smeg appliances: speed oven, built-in refrigerator with decorative panels, dishwasher.
- A separate laundry area features a modern washer and dryer.
- Functional walk-in closets with complete storage systems.
- Hansgrohe's matte dark fixtures give bathrooms a refined, contemporary look.
- Turn-key designer furniture packages with ergonomic and harmonious solutions.
Floor Plans:
Studios
- 385 SF / 36 m² — compact and functional, with balcony.
- 401 SF / 37 m² — optimized for short-term rentals.
- 447 SF / 42 m² — spacious layout with extended living area.
- 458 SF / 43 m² — option with large terrace (up to 145 SF / 13 m²).
1 Bedroom
- 551 SF / 51 m² — classic layout with terrace up to 138 SF.
- 571 SF / 53 m² — option with 1.5 bathrooms.
- 591 SF / 55 m² — enlarged living room, 1.5 bathrooms.
- 606 SF / 56 m² — the most spacious one-bedroom with a terrace up to 156 SF.
1 Bedroom + Den
- 597 SF / 55 m² — with den and two bathrooms, a popular option for investors.
2 Bedrooms
- 835 SF / 78 m² — with two bathrooms and a terrace up to 180 SF / 17 m².
Amenities
The condominium offers resort-level infrastructure, ensuring maximum comfort for residents.
Common Areas
- Elegant porte-cochère with 24/7 valet service.
- Lobby with 25 ft. (7.5 m) ceilings, mid-century modern interiors, and designer furnishings.
- Restaurant and bistro by GPG Hospitality, a team behind successful NYC projects.
- Private Workspace — coworking area with enclosed offices and lounge zones.
- Pet Lounge — fully equipped pet care area.
- Owner storage and separate climate-controlled bike parking.
- Luxer One Package Room — automated package management with refrigerated section and dry-cleaning services.
Rooftop — VERDE Zone
- Two-level panoramic terraces of over 20,000 SF with 360° views of Miami and Biscayne Bay.
- 75-foot resort-style pool.
- Sunset-view jacuzzi.
- Open-air cinema.
- Sunrise & Sunset Decks with grill areas.
- Game Lawn for events and recreation.
- Private Club Suite with bar and lounge.
- Media room and library.
- Year-round greenhouse.
Wellness Area
- HOMAGE Fitness center with professional equipment.
- Yoga and meditation studio.
- Private training rooms.
- Outdoor terrace for morning workouts overlooking the bay.
Project Details
Address: 501 Northeast 1st Avenue, Miami, FL, USA
Status: Under construction, topped off.
Delivery: 2025
Development Team
- Developer: Aria Development Group
- Founded in 2009. Over 15 years of experience. Portfolio exceeds 500,000 SF of residential and commercial real estate in Miami, New York, and Washington, D.C.
- Architect: Revuelta Architecture International
- 30+ years of experience, more than 50 completed projects in Miami and South Florida.
- Interior Design: Shim Projects
- International design studio with a portfolio of 20+ premium U.S. projects, including Flamingo Point, Paradise Farms, Wynwood, and Edgewater developments.
Location & Advantages
Located in Downtown Miami, 501 First Residences offers proximity to major cultural and business landmarks:
- Perez Art Museum Miami & Frost Science Museum — 5 minutes.
- FTX Arena — 7 minutes.
- Miami Worldcenter — 3 minutes.
- Bayfront Park — 5 minutes.
- Brickell City Centre — 8 minutes.
- Miami Beach — 12 minutes by car.
- Miami International Airport — 15 minutes.
The district boasts excellent transportation links and a vibrant mix of business, culture, and entertainment.
“501 First Residences Miami is your opportunity to own property in the dynamic heart of Miami — combining modern comfort, a prestigious location, and high investment returns!”
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