501 First Residences — featured residence
501 First Residences — residence 2
501 First Residences — residence 3

The community of

501 First Residences

Miami, Florida · $395,000 – $995,000

For sale
26
Under contract
2
Median price
$594,900
Price / sq ft
$1,007
Avg days on market
73
Waterfront
8%

Living here

501 First Residences is a condominium community in Miami, Florida. 26 residences are currently offered for sale, priced from $395,000 to $995,000; the median asking price is $594,900 (about $1,007 per square foot). 2 listings are already under contract — a live read on demand here. Construction here spans 2025 to 2026. 9 rentals are also available at a median of $4,000 per month.

  • Skyline views
  • Bay views
  • Water views
  • Garden views
  • Ocean views
  • Fitness Center
  • Pool
  • Clubhouse
  • Elevator(s)
  • Maintenance

On the market in 501 First Residences

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501 First Residences — questions we hear

What is the median home price in 501 First Residences?
The median asking price in 501 First Residences is currently $594,900, which works out to roughly $1,007 per square foot. Listings range from $395,000 to $995,000.
How many homes are for sale in 501 First Residences right now?
26 homes are listed for sale, and 2 more are under contract. Inventory updates continuously from BeachesMLS.
How quickly do homes sell in 501 First Residences?
Active listings in 501 First Residences have averaged 73 days on market. Well-priced homes — like the 2 currently under contract — can move considerably faster.
What schools serve 501 First Residences?
Listings in 501 First Residences most commonly reference Frederick Douglass, Jose De Diego, Booker T. Washington. School assignments can vary by address — always verify with the district.

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