Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

500 Alton Rd # 2402, Miami Beach FL 33139

Condo/Co-op For Sale
$2,885,000

BTC: 44.94496851

ETH: 1,636.47089521

-$110K (2026/05/21)
87 days
Waterfront
2 bds
2 ba
1,218 sqft

Overview

Experience the pinnacle of waterfront luxury at Five Park Miami Beach, the newest icon in Miami Beach. Be the first to live in this exceptional 2BR, 2.5BA residence spanning approximately 1400 SF. This unit is uniquely equipped with a custom kitchen island with quartzite waterfall that none of the other 02 line units have. The unit has easy-to-maintain wood-pattern porcelain flooring in the interior and exterior-grade tile on the balcony. Enjoy breathtaking sunrise & ocean views from floor-to-ceiling glass windows. The elegant interior boasts Gaggenau appliances and quartzite countertops, blending sophistication with comfort. Five Park delivers an unmatched lifestyle with a full-service beach club, in-residence dining, resident-only on-site restaurant curated by James Beard Award-winning Chef Michelle Bernstein, two lavish pools, hot tub, state of the art spa, fitness center, butler service, two house cars, and more. Walk across the soon-to-be-completed Canopy bridge by renowned French conceptual artist Daniel Buren and step directly into South of Fifth's shops, restaurants, and a marina to dock your boat or be picked up for a charter. Nestled beside Canopy Park—a lush 3-acre retreat—this pet-friendly residence seamlessly fuses nature and luxury for the ultimate Miami Beach sanctuary. Owner may lease for minimum of 6 months 2x per year. Unit is pre-wired for automated window treatments with shade pockets already installed. New owner to customize closets post-closing.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Valet
Year Built:
2024
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$2,369
Cooling:
Central Air / Electric
HOA:
$3,236

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,379,000
$1.1M – $2.3M
Confidence Low
List vs. estimate
$1.5M above estimate
List $2,885,000 · +109.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$2,368
+299.8% vs. city median $592
Based on
45 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $492K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$34,268
2025
HOA
$3,236/mo
Pool
Private
View
Bay
Waterfront
Yes
Garage
2 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Lobby

    • Cooking Island

    • Fire Sprinklers

    • Split Bedroom

    • Walk-In Closet(s)

    • Family Room

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Valet

    Property

    • Pool Private: Yes

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-42-04-015-0310

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $3,236

    • HOA Frequency: Monthly

    • Annual tax amount: $34,268

  • Source details

    • MLS ID: A11987245

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: High Impact Windows / Impact Glass

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 1218

    • Subdivision Name: Park Residences Condo,Five Park

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$3,650,000
Condo/Co-op
2 bds · 2 ba · 1,104 sqft
2399 COLLINS AVENUE,1 Hotel & Homes, Miami Beach
102 24 # 1545, Miami Beach FL 33139
For Sale
$2,200,000
Multi-family
0 room(s) · 2,558 sqft
OCEAN BEACH ADDN NO 3, Miami Beach
912 Euclid Ave, Miami Beach FL 33139
New
For Sale
$2,195,000
Condo/Co-op
2 bds · 2 ba · 1,919 sqft
CAPRI SOUTH BEACH CONDO, Miami Beach
1445 16th St # 1103, Miami Beach FL 33139
New
For Sale
$2,800,000
Commercial
0 room(s)
Miami Beach
1225 Alton Rd, Miami Beach FL 33139
New
For Sale
$2,750,000
Condo/Co-op
1 bds · 1 ba · 893 sqft
2399 COLLINS AVENUE,1 Hotel and Homes, Miami Beach
102 24th St # 1210, Miami Beach FL 33139
New
For Sale
$3,672,718
Condo/Co-op
3 bds · 3 ba · 1,958 sqft
OCEAN BEACH FLA SUB,Villa Sofia, Miami Beach
250 Collins Ave # 305, Miami Beach FL 33139
For Sale
$3,199,000
Condo/Co-op
3 bds · 2 ba · 2,340 sqft
PORTOFINO TOWER CONDO, Miami Beach
300 S Pointe Dr # 1001, Miami Beach FL 33139
For Sale
$3,500,000
Condo/Co-op
2 bds · 2 ba · 1,452 sqft
29 Indian Creek, Miami Beach
2901 Indian Creek Dr, Miami Beach FL 33140

Market around this address

Live counts in the same area.
View all

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: Bayview International Realty