501 First Residences Homes with Daily Rentals Allowed Restrictions

501 First Residences Homes with Daily Rentals Allowed Restrictions

Welcome to 501 First Residences, an exquisite subdivision nestled in the vibrant heart of Miami, Florida. This stunning community offers a unique blend of modern living and the energetic lifestyle that Miami is renowned for. With its prime location in Miami-Dade County, residents enjoy easy access to the city's world-class dining, shopping, and entertainment options, making it an ideal place for both relaxation and excitement.

At 501 First Residences, you'll find a diverse selection of beautifully designed homes that cater to various lifestyles. Each residence boasts contemporary architecture and luxurious finishes, ensuring that every detail meets the highest standards of comfort and style. Whether you’re looking for a cozy retreat or a spacious family home, this subdivision has something for everyone.

One of the standout features of 501 First Residences is its allowance for daily rentals. This unique aspect provides homeowners with the opportunity to generate income by renting out their properties on a short-term basis. Imagine the flexibility of having your home serve as a vacation rental, welcoming travelers from around the globe while you enjoy the benefits of ownership. This feature not only enhances the investment potential of your property but also allows for a vibrant community atmosphere where new friendships and connections can flourish.

With its appealing combination of modern amenities and the allure of Miami's lively culture, 501 First Residences is more than just a place to live—it's a lifestyle choice that invites you to embrace the best that Florida has to offer. Discover your dream home today in this remarkable subdivision, where every day feels like a vacation!

Newest 501 First Residences Homes with Daily Rentals Allowed Restrictions

$449,000
1 Baths ⋅ A12051789 MLS ⋅ 33132 Zip Code ⋅ 501 First Residences Cond BLDG.
Experience the ultimate investment opportunity at 501 First Residences in the heart of Downtown Miami! This fully furnished turnkey studio offers modern finishes, an open-concept layout, floor-to-ceiling impact windows, a contemporary kitchen with stainless steel appliances and quartz countertops, in-unit washer and dryer, and a private balcony. Designed for maximum flexibility, the building allows short-term rentals with no rental restrictions, making it ideal for Airbnb, vacation rentals, or corporate stays. Residents enjoy resort-style amenities including a rooftop pool, fitness center, spa, co-working spaces, game room, lounge, café, valet parking, and 24-hour concierge and security. Located just steps from Miami Worldcenter, Brightline Station, Kaseya Center, Bayside Marketplace, Museum Park, top restaurants, shopping, entertainment, and with easy access to Miami Beach, Brickell, Wynwood, and the Design District. Whether you’re looking for a high-performing income-producing property or a stylish city residence, Unit 304 offers exceptional value in one of Miami’s fastest-growing neighborhoods.

121 Ne 5th St Unit #304, Miami
$468,000
1 Baths ⋅ A12039927 MLS ⋅ 33132 Zip Code ⋅ 501 First Residences BLDG.
A move-in-ready, fully furnished studio in a building that permits short-term rentals a key differentiator in Downtown Miami, where Airbnb-approved inventory is limited and commands a premium. The 411 SqFt layout includes a 38 SF balcony above-average outdoor space for the segment plus integrated premium appliances and in-unit washer/dryer, reducing furnishing and turnover costs whether you’re targeting nightly stays or longer-term leases. Location is the core thesis: directly adjacent to the Brightline station and Metromover, and steps from the Miami Worldcenter development a multi-billion-dollar project anchoring sustained demand and infrastructure investment in the corridor. Proximity to the Kaseya Center, Museum Park, and Downtown’s dining and entertainment scene drives consistent guest and tenant appeal. Building amenities (rooftop pool, fitness center, co-working spaces, 24-hour concierge) support premium nightly rates and strong occupancy. A brand-new 2025 build minimizes near-term capex and maintenance risk a low-friction, flexible-use addition to any rental portfolio.

121 Ne 5th St Unit #3200, Miami
$520,000
1 Baths ⋅ A12031342 MLS ⋅ 33132 Zip Code ⋅ 501 First Residences BLDG.
Beautiful studio with balcony in the brand new 501 First Residences in Downtown Miami. Fully furnished and move-in ready, just bring your toothbrush! No rental restriction-Airbnb allowed. Amazing amenities, fitness facilities, social and co-working areas, and proximity to Miami World Center, Brightline. Don't miss the opportunity to live in the heart of Miami, where everyone wants to be. Restaurants, coffee places, Apple Store, everything you need is nearby. You can use it as a second home or short term rental, it's the perfect combination. It's not a condo-hotel. Don't miss it!!!

121 Ne 5th St Unit #1012A, Miami
$594,000
1 Beds ⋅ 2 Baths ⋅ A12029991 MLS ⋅ 33132 Zip Code ⋅ 501 First Residences BLDG.
SELLER MOTIVATED! PRICE REDUCED $69,000 FOR IMMEDIATE SALE. Rare opportunity to own one of Downtown Miami’s most investor-friendly residences. Brand-new, never occupied, and fully furnished with premium designer upgrades throughout. Truly turnkey—just bring your suitcase. Every detail has been thoughtfully curated to deliver a luxury experience for owners and guests alike. One of the few residences in the area with NO RENTAL RESTRICTIONS, allowing short-term rentals, long-term rentals, seasonal use, or owner occupancy with maximum flexibility. Ideal for investors seeking strong income potential in Miami’s rapidly growing Worldcenter district. Features 1 Bedroom + Den, 2 Full Bathrooms, floor-to-ceiling impact glass, private balcony, Italian cabinetry, premium appliances, and designer furnishings included in the sale. The versatile den easily functions as a guest room or home office. Enjoy over 20,000 SF of luxury amenities including rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, co-working spaces, chef’s kitchen, and more. Seller may contribute up to $10,000 toward Buyer’s closing costs, subject to offer terms and lender approval. EASY TO SHOW. Bring all offers.

121 Ne 5th St Unit #711, Miami
$690,000
1 Beds ⋅ 1 Baths ⋅ A12015550 MLS ⋅ 33132 Zip Code ⋅ 501 First Residences BLDG.
Downtown Miami is changing and this brand new condo is the correct choice, 27 floor, corner unit with balcony , plenty of light , furnished, 1 bedroom, 1 bath ,, skyline and bay views, stylish and bright ready for living or investment delight. Perfect for short term rentals or your own city space. Amenities , gym, social and business rooms, co-working, private offices, spaces for wellness, pool, jacuzzi. Walking distance to Brickell financial area, Brickell City Center, restaurants, shopping, cultural and entertainment venues, nightlife, concerts, steps to World trade center, Port of Miami, Arena, metro mover station and more.

121 Ne 5th St Unit #2705, Miami
$959,000
2 Beds ⋅ 2 Baths ⋅ A12024881 MLS ⋅ 33132 Zip Code ⋅ 501 First Residences BLDG.
Luxury 2BD/2BA residence at 501 First Residences in the heart of Downtown Miami. Brand-new and fully furnished, For Sale. Features floor-to-ceiling glass, private balcony with stunning bay and city views, sleek Italian cabinetry, and premium appliances. Enjoy 20,000+ SF of resort-style amenities including rooftop pool, hydrotherapy spa, fitness center by HOMAGE, yoga/meditation spaces, private lounges, chef’s kitchen, media room, and greenhouse retreat. Prime location within walking distance to Bayside Marketplace, Bayfront Park, and Kaseya Center, plus direct access to the Metromover for easy connectivity to Brickell, Design District, and South Beach. Easy to show.

121 Ne 5th St Unit #1712, Miami
$594,900
1 Beds ⋅ 2 Baths ⋅ A12004132 MLS ⋅ 33132 Zip Code ⋅ 501 First Residences BLDG.
Elevated city living at 501 First Residences, a striking 40-story address in Downtown Miami with no rental restrictions and exceptional income potential. This fully furnished 591 sq ft one-bedroom, 1.5-bath east-facing residence captures sweeping skyline and bay views, including the iconic Freedom Tower, PortMiami, and Biscayne Bay. Floor-to-ceiling glass, a private balcony, refined finishes, Italian cabinetry, and in-unit washer/dryer define the interiors. Moments from Miami Worldcenter, dining, culture, and transit. Indulge in 20,000+ sq ft of curated amenities including rooftop pool, fitness center, co-working spaces, club suite, and 24/7 valet.

121 Ne 5th Steet Unit #3313, Miami
$995,000
2 Beds ⋅ 2 Baths ⋅ A11998848 MLS ⋅ 33132 Zip Code ⋅ 501 First Residences BLDG.
Rare 2 Bed / 2 Bath at 501 First Residences, Downtown Miami's premier new tower. Perched on the 21st floor with a SE-facing balcony, this residence offers 760 sq ft per county records, with the developer's floor plan reflecting 835 sq ft interior + 180 sq ft balcony for 1,015 sq ft of total living area. Open-concept layout with floor-to-ceiling impact windows, custom Italian kitchen cabinetry, premium appliances, and in-unit washer/dryer. Primary bedroom features a full en-suite bath; second bedroom and additional full bath offer ideal flexibility for guests, roommates, or maximizing rental income. No rental restrictions — Airbnb allowed from day one. Delivered fully furnished and move-in ready. Enjoy 20,000+ sq ft of amenities: rooftop pool, hot tub, fitness center, 24/7 valet, co-working spaces, pet lounge, and media room — without condo-hotel restrictions. Steps from Miami Worldcenter, Brightline, Kaseya Center, and world-class dining. Minutes to Brickell, Wynwood, and MIA. The SE exposure frames iconic views of Biscayne Bay, PortMiami, and the Downtown skyline — among the most photogenic in the building. Unit is brand new and never occupied, offering true first-owner condition. With Downtown Miami's continued growth, strong short-term rental demand, and no income restrictions, this is a rare asset that works equally well as a primary residence, second home, or income-producing investment.

121 Ne 5th St Unit #2101, Miami
$595,000
1 Beds ⋅ 2 Baths ⋅ A11985345 MLS ⋅ 33132 Zip Code ⋅ 501 First Residences BLDG.
Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami’s newest short-term-rental–friendly tower in the heart of Downtown. This modern residence features an open layout, floor-to-ceiling impact windows, a sleek European kitchen with premium appliances, and a spacious den that functions as a second sleeping area or office. The private balcony offers city views and abundant natural light. Enjoy resort-style amenities including a rooftop pool with panoramic skyline views, state-of-the-art fitness center, coworking spaces, social lounges, and 24/7 concierge. STR/Airbnb allowed from day one, making it ideal for investors seeking high occupancy and strong returns. Unbeatable location: steps from MiamiCentral Brightline Station, Miami Worldcenter, Bayside, Kaseya Center, museums, dining, and retail. Quick access to Brickell, Wynwood, Miami Beach, and MIA Airport. Move-in ready, fully flexible, and perfectly positioned for both living and investment.

121 Ne 5th St Unit #2211, Miami
$598,900
1 Beds ⋅ 2 Baths ⋅ A11990531 MLS ⋅ 33132 Zip Code ⋅ 501 First Residences BLDG.
Beautiful 1 Bed 1 Den/ 2 Full Baths in the brand new 501 First Residences in Downtown Miami. Spectacular views! Fully furnished and move-in ready, just bring your toothbrush! No rental restrictions-Airbnb allowed. Amazing amenities!!! Don’t miss the opportunity to live in the heart of Miami, where everyone wants to be. Amazing restaurants, coffee places, Apple Store, everything you need is nearby. You can use it as a second home or short-term rental, it’s the perfect combination. It’s not a condo-hotel. Don’t miss it!!!

121 Ne 5th St Unit #2611, Miami
$489,000
1 Baths ⋅ A11992993 MLS ⋅ 33132 Zip Code ⋅ 501 First Residences BLDG.
Excellent investor opportunity! This brand-new furnished studio in Downtown Miami can be rented daily. Located in modern 501 First building, just steps from the Metromover, with easy access to Brickell, Miami Beach, and major highways. This contemporary unit features modern finishes, new appliances with washer and dryer included, and an efficient layout. Enjoy living in a luxury building in the heart of the city, close to restaurants, shopping, and entertainment. Amenities include 75-foot resort-style rooftop pool, state-of-the-art fitness center, yoga/meditation area, sunrise and sunset terraces with city views, greenhouse lounge, co-working spaces, pet lounge with pet-washing station, and more! Perfect for convenient urban living.

121 Ne 5th Street Unit #1404, Miami
$579,000
1 Beds ⋅ 1 Baths ⋅ A11984809 MLS ⋅ 33130 Zip Code ⋅ 501 First Residences BLDG.
Great opportunity to own in one of Downtown Miami's newest development, perfectly positioned for both lifestyle buyers and savvy investors! Fully furnished ready to move-in corner high floor residence with unobstructed views of Miami Skyline. Resort-style amenities include rooftop pool with panoramic city and Bay views, fitness center, concierge, security, valet, work space, outdoor and indoor social lounge, business center and more. Daily rentals, Airbnb and all short-term platforms are allowed. Walking distance to Brightline Station, Bayside Marketplace, Kaseya Center, world-class dining, Miami Worldcenter and more.

121 Ne 5th St Unit #3005, Miami
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