501 First Miami is a luxury, high-rise tower unfolding in Miami-Dade County. Although construction hasn’t started yet, the project’s gaining a lot of traction, with developers having submitted building permits for approval earlier this month.
Miami Residential notes that if everything goes according to plan, the 40-story building will offer 448 residences. The homes will comprise studios to two-bedroom units. Homes start at around $410,000, although this could change with time. 501 First Miami’s homes measure around 400 square feet to just over 1,000 square feet each.
Homes start at around 400 square feet.
The fully-furnished residences come with floor-to-ceiling windows, walk-in closets, designer bathroom fixtures, and other high-end accommodations. There are more than 20,000 square feet of amenities. Communal amenities comprise a rooftop resort-style pool, pet lounge, bicycle storage area, and more.
Sources report that 501 First Miami will cost more than $68 million to complete, and it will comprise more than 420,000 square feet of new construction. Aria Development Group is the developer. Revuelta Architecture International is the architect. Conceptual renderings show a high-rise tower with balconies, outdoor meeting space, and plank wood flooring.
The tower will measure 40 stories.
A general contractor doesn’t appear to have been selected yet. 501 First Miami’s address is 501 Northeast 1st Avenue, Miami, Florida, 33132, in Miami-Dade county.
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Is it known if they will be condos or rentals?
Please send info on 501 First Miami. Thanks