About This Property
Residential in Miami
The ultimate passive-income powerhouse in the heart of Downtown Miami at 501 First Residences! Unit 1602 is a fabulous, fully finished, and designer-furnished 1-bed + den, 2-bath luxury sanctuary optimizing 659 total sq. ft. (597 interior + private balcony). Delivering complete rental freedom with ZERO rental restrictions, you can host daily on platforms like Airbnb from day one.The interior sparkles with 9-foot ceilings, floor-to-ceiling glass, an urban balcony with stunning downtown city vistas, custom Italian cabinetry, and integrated premium Smeg appliances. The multi-functional den and full second bathroom provide unmatched guest flexibility to maximize daily booking rates!Indulge in 20,000+ sq. ft. of elite rooftop amenities: a 75-foot heated lap pool, hot hydrotherapy bath, outdoor movie theatre, world-class HOMAGE Fitness center, and co-working spaces.UNBEATABLE TRANSIT-ORIENTED LOCATION: Steps away from Miami Worldcenter’s retail mega-district, blocks from world-class concerts and Heat games at the Kaseya Center, and a short walk to Bayside Marketplace and MiamiCentral Brightline Station. Capitalize on Miami's booming hospitality market with this premier real estate asset!
Features & Amenities
Property Highlights
View
- Other
Cooling
- Electric
Heating
- Electric
Flooring
- Ceramic Tile
Amenities
- Fitness Center
- Heated Pool
- Pool
- Other
Appliances
- Dishwasher
- Dryer
- Electric Range
- Microwave
- Refrigerator
- Washer
- Electric Water Heater
Possession
- Close Of Escrow
Pets Allowed
- No Restrictions
Listing Terms
- Cash
- Conventional
Balcony Details
- Balcony - Open
Pets Allowed YN
- Yes
Tax Information
- Tax Reflects No Exemptions
Association Type
- Condominium
ExteriorFeatures
- Balcony
InteriorFeatures
- Other
SecurityFeatures
- Security System
- Smoke Detector(s)
- Other
Unit Description
- High Rise
Interior Features
- Other
Security Features
- Security System
- Smoke Detector(s)
- Other
Master BedroomBath
- Bedroom On Entry Level
- Other
Property Condition
- New Construction
Special Information
- Foreign Seller
AssociationAmenities
- Pool
- Fitness Center
- Heated Pool
- Other
Showing Requirements
- 24 Hour Notice
- Call Listing Agent
- Showing Service
Water Heater Details
- Electric Water Heater
Outdoor Living Spaces
- Balcony
Application Information
- No Approvals
- Other Approvals
Association Fee Includes
- Cable TV
- Sewer
- Trash
- Water
Leasing Permitted Details
- Short Term Rentals Allowed
Leasing
- Leases per year: 365
Specifications
Property Details
Location