Downtown Miami · Completed
501 First Residences
501 NE 1st Avenue, Miami, FL 33132
501 First Residences is a 55-story luxury condo-hotel tower rising in Downtown Miami's Worldcenter district, offering one of the most flexible short-term rental programs in the city. Developed by Groupe Pacific and designed by Arquitectonica, the project features 500 fully furnished residences with absolutely no rental restrictions — owners can list on Airbnb, VRBO, or any platform from day one. Located at 501 NE 1st Avenue, the building is positioned at the nexus of Miami Worldcenter, Brickell, and the emerging Arts & Entertainment District. Residences feature contemporary interiors with Italian kitchens, spa bathrooms, and panoramic views. The amenity program includes a rooftop pool, fitness center, spa, co-working spaces, and a ground-floor restaurant and bar.
Project gallery
Key details
501 First Residences is presented as a pre-sale condominium project at 501 NE 1st Avenue, Miami, FL 33132 in Downtown Miami. The published program describes 500 residences across 55 floors. The listed delivery timing is 2028; it is a published target rather than a guarantee of a particular closing date.
This overview is limited to the current project record and is kept separate from resale MLS inventory, which can describe completed homes rather than the development program itself.
Groupe Pacific is identified as the developer; Arquitectonica is identified as the architect; an interior designer is not publicly released in this project profile. No separate brand association is listed in the current project profile.
- Location
- 501 NE 1st Avenue, Miami, FL 33132
- Developer
- Groupe Pacific
- Architecture
- Arquitectonica
- Residences
- 500
About this development
501 First Residences is listed at 501 NE 1st Avenue, Miami, FL 33132 in Downtown Miami. Published project information identifies Groupe Pacific as the developer. Arquitectonica is identified as the architect. The published program describes 500 residences across 55 floors. The listed delivery timing is 2028.
Individual residence layouts, outlooks and finishes can differ across the project. The project currently states From $450K as its published starting-price label. Current offerings, deposits and delivery timing should be reviewed in the applicable project materials before a buyer relies on them. Buyers can also compare the project with completed condominium listings nearby before deciding which details require a direct project inquiry.
The published amenities listed below are part of the project overview, rather than a promise that every residence includes the same services. Buyers can compare those features with completed condominium buildings in Downtown Miami through the linked local directory. Review the offering materials, individual residence facts, association documents, carrying costs and current contract terms for the specific home being considered. Explore Miami neighborhood guides, including Downtown Miami and browse completed Miami condo buildings for additional location and building research.
Project details on this page provide development-level context for the broader program. A particular residence may have its own floor plan, view, finish selections, parking or storage allocation, purchase timing, and contract terms.
The offering materials and current release information for the residence under consideration identify which details apply to that home. Published information can be revised as a project progresses, so later materials may differ from this record.
This overview does not replace those current residence-specific documents.
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Residences and pricing
The current project profile does not publish a complete residence-size range. Layouts, views, interior specifications, parking arrangements, and included services can differ by residence, so the individual plan and offering materials remain the source for those unit-specific terms.
The published project information identifies the address as 501 NE 1st Avenue, Miami, FL 33132. That address is the location reference for this profile; it does not imply that every plan has the same orientation, exposure, balcony, storage, parking, or finish selection.
For a project with 500 published residences, plan availability can change as releases, reservations, and contracts change. The project profile therefore distinguishes the published program from a promise of current inventory.
The published starting-price label is From $450K. Published price information by residence type is listed as Studio: From $450K; 1 Bedroom: From $650K; 2 Bedroom: From $1.1M. Price labels are not an offer for a particular unit and do not establish taxes, monthly association fees, closing costs, financing terms, or availability. Those values can differ by residence and should be confirmed from the current project materials.
Deposit schedule
The published payment milestones list 10% Reservation, 10% Contract, 10% Groundbreaking, 10% Top-Off, 60% Closing. A buyer should compare the written contract, the escrow language, payment timing, default provisions, association documents, and delivery provisions for the specific residence being considered. This project page does not substitute for the contract documents.
The project is categorized in the Downtown Miami area. Buyers comparing this new-development profile with a completed condominium should keep the project’s published pricing and contract milestones separate from current MLS asking prices, resale closing dates, and association data.
Amenities
6 published amenities are recorded for the project. The list below reflects the project profile and does not state that every home has the same access, view, service level, operating hours, or included fee.
- Rooftop pool
- Fitness center and spa
- Co-working spaces
- Restaurant and bar
- Concierge services
- Valet parking
Location
Project status, designs, pricing, availability, deposits and delivery dates can change. Confirm current authorized materials before making a decision.