Completed: 2025Condos
501 First Residences
501 NE 1st Ave, Downtown, Miami, FL 33132
501 First Residences has 476 residences on 40 floors. Prices recorded for the project start at $430,000. As of , 44 residences are for sale on the MLS, from $355,000. The building was completed in 2025.
Project facts from RealVista's new-development database. Units for sale from the MLS.
- SalesDone
- ConstructionDone
- Completion2025
- ClosingsDone

Photos
Photo: Aria Development Group / AQARAT
Amenities
- Elegant porte-cochère with 24-7 valet service
- Ground floor bistro and bar helmed by GPG Hospitality
- Secure bicycle storage in enclosed and air-conditioned space
- Pet Lounge
- Contactless digital package delivery system
- Private club and entertainment chef’s kitchen
- Media Room
- 75-foot resort-style lap pool
- Spacious co-working space and conference rooms
- Exclusive private art and music events
As recorded for the project.
Project facts
- Developer
- Aria Development Group / AQARAT
- Architect
- Revuelta Architecture International
- Interiors
- Shim Projects
- Floors
- 40
- Units
- 476
- Bedrooms
- Studio to 2 (per developer) · MLS units: Studio to 2
- Sizes
- 384 to 945 sq ft (per developer) · MLS units: 343 to 835 sq ft
- Prices from
- $430,000 (per developer) · MLS units: most from $435,000 to $929,000
- For sale on the MLS
- 44
- Price per sq ft
- $1,035 (per developer)
- HOA fee
- $1.58/sq ft
- Rental rule
- No rental restrictions
Residences for sale on the MLS
- $355,000Studio · 1 ba · 359 sq ft121 NE 5th St #1909 · 501 First ResidencesRich Homes of Florida

- $379,000Studio · 1 ba · 359 sq ft121 NE 5 St #709 · 501 First ResidencesCervera Real Estate Inc

- $410,000Studio · 1 ba · 359 sq ft121 NE 5th St #1809 · 501 First ResidencesMiami Residential Group

- $415,000Studio · 1 ba · 359 sq ft121 NE 5th St #3304 · 501 First ResidencesRich Homes of Florida
New - $435,000Studio · 1 ba · 359 sq ft121 NE 5th St #2409 · 501 First ResidencesAffinity International Realty

- $439,000Studio · 1 ba · 447 sq ft121 NE 5th St #401B · 501 First ResidencesOptimar International Realty

- $449,000Studio · 1 ba · 447 sq ft121 NE 5th St #807 · 501 First ResidencesOptimar International Realty

- $449,000Studio · 1 ba · 359 sq ft121 NE 5th St #304 · 501 First ResidencesBM2 Realty

- $449,000Studio · 1 ba · 359 sq ft121 NE 5th St #3309 · 501 First ResidencesGrand Realty of America, Corp

- $450,000Studio · 1 ba · 343 sq ft121 NE 5th St #1012A · 501 First ResidencesAffinity International Realty

- $459,000Studio · 1 ba · 359 sq ftMiami, FLCompass Florida, LLC

- $468,000Studio · 1 ba · 412 sq ft121 NE 5th St #3200 · 501 First ResidencesMAK Realty Group

- $475,000Studio · 1 ba · 447 sq ft121 NE 5th St #1001B · 501 First ResidencesOptimar International Realty

- $475,000Studio · 1 ba121 NE 5th #501B · 501 First ResidencesCore Realty Associates, Inc

- $475,000Studio · 1 ba121 NE 5th St #912A · 501 First ResidencesCore Realty Associates, Inc

- $478,000Studio · 1 ba · 458 sq ft121 NE 5 St #1500 · 501 First ResidencesNon-MLS Member

- $485,0001 bd · 1 ba · 535 sq ft121 NE 5 St #2908 · 501 First ResidencesCervera Real Estate Inc

- $485,0001 bd · 1 full + 1 half ba · 531 sq ft121 NE 5th St #1813 · 501 First ResidencesLuxe Properties

- $489,000Studio · 1 ba121 NE 5th St #1404 · 501 First ResidencesExclusive Living R.E. LLC

- $499,0001 bd · 1 ba · 489 sq ft121 NE 5th St #3405 · 501 First ResidencesBrosda & Bentley Realtors, LLC

- $499,000Studio · 1 ba · 359 sq ft121 NE 5th St #504 · 501 First ResidencesRealty One Group Evolution

- $500,0001 bd · 2 ba · 545 sq ft121 NE 5th St #510 · 501 First ResidencesUnited Realty Group Inc

- $500,000Studio · 1 ba · 402 sq ft121 NE 5th St #3704 · 501 First ResidencesOne World Properties

- $529,9001 bd · 1 full + 1 half ba · 509 sq ft121 NE 5th St #306 · 501 First ResidencesLa Fabrika Realty Group

Listings from MIAMI MLS and BeachesMLS. The listing office is shown on every listing page. Information is deemed reliable but not guaranteed.
Questions about 501 First Residences
When was 501 First Residences finished?
501 First Residences was completed in 2025. Units for sale now are resales on the MLS, or units the developer still has.
How much does a residence at 501 First Residences cost?
As of October 21, 2026, most residences for sale on the MLS ask from $435,000 to $929,000.
Can I rent out a residence at 501 First Residences?
The recorded rental rule is: No rental restrictions. Ask the sales team or the association for the rules in writing before you sign.
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