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500 Alton Rd # 1601, Miami Beach FL 33139

Condo/Co-op For Sale
$3,999,999

BTC: 62.49998437

ETH: 2,290.95017182

26 days
3 bds
3 ba
2,178 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. Perfectly positioned in South Beach, Five Park also offers the convenience of accessibility, just seconds from some of Miami’s top dining and lifestyle destinations.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Guest
Year Built:
2025
Lot:
No Data
Heating:
Central
Price/sqft:
$1,837
Cooling:
Central Air
HOA:
$5,298

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,179,000
$2.5M – $4.5M
Confidence Low
List vs. estimate
$820K above estimate
List $3,999,999 · +25.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,836
+207.8% vs. city median $596
Based on
21 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $610K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$54,652
2025
HOA
$5,298/mo
View
Bay, Ocean View
Garage
2 car garage
Pets
More Than 20 Lbs
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Other Equipment/Appliances

    • Washer

    • Water Softener Owned

    Other interior features

    • Built-in Features

    • Closet Cabinetry

    • Cooking Island

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • 2 Or More Spaces

    • Guest

    Other Property Information

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

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $5,298

    • HOA Frequency: Monthly

    • Annual tax amount: $54,652

  • Source details

    • MLS ID: A12014864

    Other facts

    • Construction Materials: CBS Construction

    • Window Features: Complete Impact Glass / Blinds

    • Architectural Style: High Rise

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 2178

    • Subdivision Name: Five Park

Private inquiry
Talk to the advisor on this listing.
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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