Construction Finishes on ‘501 First Miami’ at 121 N.E. 5th Avenue, Miami, Florida

Construction has concluded on 501 First Miami , a 40-story tower in its namesake city. Florida YIMBY first learned of the multi-million-dollar venture in November 2022.

501 First Miami features 476 luxury residences, ranging from studio to two-bedroom units. They measure approximately 385 to 835 square feet each; there are no rent restrictions, meaning owners can maximize profits through their condos. At the time of publication, prices started at $430,000 – about a 43 percent increase from when the project initially launched in mid-2021.

Opening excerpt. Read the full story at Newsdata · Miami-Dade ↗