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Tanya Cunningham

tanya@tanyahomes.com +1(954) 513-7749

$ 485,000

Est. payment | -/mo

1 Bed

2 Baths

531 SqFt

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$ 485,000

Est. payment | -/mo

Save Virtual Tour

1 Bed

2 Baths

531 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 531 sqft

Price per Sqft $913

Subdivision 501 Residences

MLS Listing ID A12100451

Style High Rise

Bedrooms 1

Full Baths 1

Half Baths 1

HOA Fees $875/mo

HOA Y/N Yes

Min Days of Lease 1

Leases Per Year 365

Year Built 2025

Annual Tax Amount $8,329

Tax Year 2025

Property Sub-Type Condominium

Property 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!!

Location

State FL

County Miami-dade

Community 501 Residences

Area 41

Interior

Interior Features Bedroom on Main Level, Entrance Foyer, Living/Dining Room, Tub Shower

Heating Central

Cooling Central Air

Flooring Tile

Window Features Impact Glass

Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave

Exterior

Exterior Feature Balcony

Pool Association, Heated

Utilities Available Cable Available

Amenities Available Bike Storage, Business Center, Clubhouse, Community Kitchen, Elevator(s), Fitness Center, Barbecue, Picnic Area, Pool, Sauna, Spa/Hot Tub, Trash

View Y/N Yes

View Other, Water

Porch Balcony, Open

Garage No

Private Pool Yes

Building

Building Description Block, Exterior Lighting

Architectural Style High Rise

Structure Type Block

Others

Pets Allowed No, Yes

HOA Fee Include Amenities,Hot Water,Internet,Pool(s),Sewer,Security,Trash,Water

Senior Community No

Restrictions Daily Rentals Allowed,No Restrictions,Okay to Lease 1st Year,OK To Lease

Tax ID 01-41-01-008-4570

Ownership Self Proprietor/Individual

Security Features Closed Circuit Camera(s),Door Man,Elevator Secured,Key Card Entry,Lobby Secured,Fire Sprinkler System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed No, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12100451

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Luxe Properties

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