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500 Alton Rd # 506, Miami Beach FL 33139

Condo/Co-op For Sale
$930,000

BTC: 11.89030237

ETH: 367.51630113

New
1 bds
2 ba
846 sqft

Overview

Residence 506 at Five Park Miami Beach offers a fully furnished, turnkey opportunity in one of Miami Beach’s newest luxury developments. This 1-bedroom, 2-bath residence spans 950 SF and features refined finishes, 10-foot ceilings, top-of-the-line appliances, and thoughtfully selected furnishings. Five Park offers an extensive collection of resort-style amenities and services, including its exclusive full-service beach club in South of Fifth. The prime Miami Beach location provides easy access to the beach, South of Fifth, top dining, shopping, and nearby parks, combining the convenience of a move-in-ready residence with the lifestyle and amenities of a newly completed 48-story luxury tower.

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
2025
Lot:
No Data
Heating:
Central
Price/sqft:
$1,099
Cooling:
Central Air
HOA:
$2,332

Valuation

Our model vs. what's actually selling nearby.
Estimate
$960,000
$729K – $1.4M
Confidence Low
List vs. estimate
$30K below estimate
List $930,000 · -3.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$1,099
+81.4% vs. city median $605
Based on
111 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $575K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,021
2025
HOA
$2,332/mo
Pool
Private
View
Other View
Garage
1 car garage
Furnished
Furnished
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Fire Sprinklers

    • Entrance Foyer

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 2

  • Parking

    • 1 Space

    Property

    • Pool Private: Yes

    Other Property Information

    • Parcel Number: 02-42-04-015-0860

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $2,332

    • HOA Frequency: Monthly

    • Annual tax amount: $12,021

  • Source details

    • MLS ID: A12088651

    Other facts

    • Construction Materials: Concrete Block Construction

    • Architectural Style: High Rise

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 846

    • Subdivision Name: PARK RESIDENCES CONDO

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: One Sotheby's International Realty