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500 Alton Rd # 1001, Miami Beach FL 33139

Condo/Co-op For Sale
$3,745,000

BTC: 45.04450325

ETH: 1,413.20754717

New
Waterfront
3 bds
3 ba
2,178 sqft

Overview

Spacious and light-filled corner 3 bedroom, 3.5 bathroom residence with 10 ft ceilings at Five Park - the newest luxury residential tower in Miami Beach. Offering 2,178 sq ft of interior space, complemented by 900+ sq ft of wraparound terrace, the residence enjoys beautiful sunrise and sunset views over South of Fifth, the Ocean and the Bay. The open living space features three walls of windows, and a white oak Italian kitchen with quartzite countertops and Gaggenau appliances. The primary suite offers a generous walk-in closet and a marble bathroom with separate tub and shower. The residence is outfitted with custom ripple fold sheer curtains throughout, and electric blackouts and California Closets in the bedrooms. Five Park offers a full suite of luxury amenities, including a private beach club accessible via house car, two pools, a state-of-the-art gym and spa, on-site restaurant and more. Ideally located at the gateway to South of Fifth (SoFi), residents are moments away from restaurants, beach, parks, gyms and everything that makes this one of Miami Beach's most desirable neighborhoods. Completed in November 2024, Five Park offers the rare opportunity to live in a brand new building in a most sought-after location.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Assigned / Covered / Electric Vehicle Charging Station(s)
Year Built:
2024
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$1,719
Cooling:
Central Air / Zoned
HOA:
$5,251

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,822,500
$3.4M – $5.6M
Confidence Low
List vs. estimate
$77K below estimate
List $3,745,000 · -2.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$1,719
+195.5% vs. city median $581
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $425K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$47,766
2025
HOA
$5,251/mo
View
Bay, Pool Area View
Waterfront
Yes
Garage
2 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Marble

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Zoned

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Ice Maker

    • Microwave

    • Other Equipment/Appliances

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • Entrance Foyer

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • 2 Or More Spaces

    • Assigned

    • Covered

    • Electric Vehicle Charging Station(s)

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-42-04-015-0040

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $5,251

    • HOA Frequency: Monthly

    • Annual tax amount: $47,766

  • Source details

    • MLS ID: A12096470

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Blinds / High Impact Windows

    • Direction Faces: Southeast

    • Architectural Style: Corner Unit / High Rise

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 2178

    • Subdivision Name: FIVE PARK

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman