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500 Alton Rd # 1601, Miami Beach FL 33139

Condo/Co-op Active With Contract
$24,500

BTC: 0.38161994

ETH: 12.87684481

-$3K (2026/06/17)
67 days
Waterfront
3 bds
3 ba
2,187 sqft

Overview

Where Central Park and South Beach collide. Welcome to Residence 1601. This thoughtfully designed home offers sweeping 180-degree views of the ocean, South of Fifth, and the bay and downtown skyline, all framed by floor-to-ceiling windows that fill the space with natural light. Spanning 2,187 SF of interior living space with an additional 900 SF wraparound terrace, the residence features curated upgrades including a Control4 smart home system and integrated sound throughout. Located within Five Park, South Beach’s newest luxury tower, residents enjoy an unmatched amenity package including a private beach club with house car transportation, resort-style pools, on-site restaurant, spa and sauna, state-of-the-art fitness center, two cinema rooms, world-class co-working lounge, children’s clubhouses, a two-acre park, and 24/7 concierge and doorman services. All of this is set seconds from Miami Beach’s most celebrated restaurants, cafés, and nightlife, placing the best of the city right outside your door.

Location

Details

Type:
Residential Lease
Parking:
Guest / Limited # Of Vehicle
Year Built:
2025
Lot:
No Data
Heating:
Central
Price/sqft:
$11
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,345,000
$2.5M – $4.2M
Confidence Low
List vs. estimate
$3.3M below estimate
List $24,500 · -99.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$11
-98.1% vs. city median $594
Based on
22 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $440K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Pool
In Ground
View
Bay, Ocean
Waterfront
Yes
Garage
2 car garage
Furnished
Furnished
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Volume Ceilings

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • Guest

    • Limited # Of Vehicle

    Other Property Information

    • Parcel Number: 02-42-04-015-0090

    • Zoning: 6400

  • Type and style

    • Property Type: Residential Lease

    • Property Sub Type: Condominium

  • Source details

    • MLS ID: A12015259

    Other facts

    • Construction Materials: CBS Construction

    • Pool Features: In Ground

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

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 2187

    • 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