Description
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!!
Details
| MLS # | A12100451 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $875 |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2025 |
| Days On Site | 27 |
| Listing Provided By | Luxe Properties | Monica Norena |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 531 |
| Pool | Yes |
| Story(s) | 40 |
| Property View | Yes |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Valet |
Taxes
| Tax Annual Amount | 8329 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33132 |
| Area | 2410 |
| Community Name | 501 RESIDENCES |
| Listing VS Median (in 501 RESIDENCES) | |
Price: $485,000 low | high Med: $485,000 sqft: 531 low | high Med: 531 $ / sqft: $913 low | high Med: $913 On site: 27 low | high Med: 27 | |
Market Activity 33132
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33132 |
| Area | 2410 |
| Community Name | 501 RESIDENCES |
| Listing VS Median (in 501 RESIDENCES) | |
Price: $485,000 low | high Med: $485,000 sqft: 531 low | high Med: 531 $ / sqft: $913 low | high Med: $913 On site: 27 low | high Med: 27 | |
