501 First Residences is a 40-story tower at 121 NE 5th Street in Downtown Miami, developed by Aria Development Group with Kuwait's AQARAT, architecture by Revuelta and interiors by Shim Projects, with a temporary certificate of occupancy in December 2025. It was built for short-term rental and the MLS proves it rather than the brochure: the listings that state a rule carry a one-day minimum stay and 365 lettings a year. There is no parking garage in the building at all, by design, and residents are offered space inside Miami Worldcenter instead.One Two One NE Fifth: 501 First Residences es una torre de 40 pisos en 121 NE 5th Street en el centro de Miami, desarrollada por Aria Development Group con AQARAT de Kuwait, arquitectura de Revuelta e interiores de Shim Projects, con certificado de ocupacion temporal en diciembre de 2025. Se construyo para renta a corto plazo y el MLS lo demuestra, no el folleto: los anuncios que declaran una regla llevan estancia minima de un dia y 365 alquileres al ano. El edificio no tiene garaje propio, por diseno, y a los residentes se les ofrece espacio dentro de Miami Worldcenter.
Real recorded closings in this tower, your comp sheet for any unit upstairs.Cierres reales registrados en esta torre, sus comparables para cualquier unidad.
Closed leases recorded in this tower. What tenants actually paid, not asking prices.Rentas cerradas registradas en esta torre. Lo que los inquilinos realmente pagaron.
| UnitUnidad | LeasedRentado | Bd | Ba | Sq Ft | RentRenta |
|---|---|---|---|---|---|
| #3013 | Aug 24, 2026 | 1 | 2 | — | $3,000/mo |
| #1808 | Aug 3, 2026 | 1 | 1 | 535 | $3,200/mo |
| #1800 | Aug 3, 2026 | 0 | 1 | 412 | $2,950/mo |
| #901B | Aug 3, 2026 | 0 | 1 | 343 | $2,800/mo |
| #1404 | Jun 20, 2026 | 0 | 1 | — | $2,650/mo |
| #3112 | Jun 1, 2026 | 2 | 2 | 835 | $4,500/mo |
| #401B | Jun 1, 2026 | 0 | 1 | 447 | $2,850/mo |
| #1001B | Jun 1, 2026 | 0 | 1 | 447 | $2,850/mo |
| #712B | May 19, 2026 | 0 | 1 | 408 | $2,650/mo |
| #3013 | May 11, 2026 | 1 | 2 | — | $3,500/mo |
| #807 | May 11, 2026 | 0 | 1 | 447 | $2,950/mo |
| #2406 | Apr 15, 2026 | 1 | — | 600 | $3,250/mo |
| #3004 | Apr 3, 2026 | 0 | 1 | — | $3,500/mo |
Source: MIAMI MLS closed leases. Data deemed reliable but not guaranteed accurate by MIAMI REALTORS®. Ask Li what your unit could rent for — contact Li.Fuente: rentas cerradas de MIAMI MLS. Pregunta a Li cuánto podría rentar tu unidad — contactar a Li.
Li tours this building with clients regularly, lines, views, HOA realities and which units to skip. Off-market units included.Li recorre este edificio con clientes regularmente, líneas, vistas, realidades del HOA y qué unidades evitar. Incluye unidades fuera del mercado.
Schedule With LiAgendar Con Li501 First Residences rises at the heart of Miami Worldcenter, one of the largest urban developments in the U.S. It is best known for an enormous sky amenity deck, complete with a soccer field, observatory, boxing studio, a recording “jam room” and resort pools.
Completed in 2019, its residences sit steps from Worldcenter’s shops and dining and a short walk from the Brightline station. Below you’ll find every 501 First Residences condo currently for sale or for rent, live from the MLS.
501 First Residences se eleva en el corazón de Miami Worldcenter, uno de los mayores desarrollos urbanos de EE. UU. Es célebre por una enorme cubierta de amenidades en las alturas, con cancha de fútbol, observatorio, estudio de boxeo, una “jam room” de grabación y piscinas tipo resort.
Terminada en 2019, sus residencias están a pasos de las tiendas y restaurantes de Worldcenter y a poca distancia de la estación de Brightline. Abajo encontrará cada condominio de 501 First Residences actualmente en venta o renta, en vivo del MLS.