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500 Alton Rd # 1602, Miami Beach FL 33139

Condo/Co-op For Sale
$2,599,000

BTC: 40.60937500

ETH: 1,365.99672035

-$101K (2026/04/15)
204 days
2 bds
2 ba
1,201 sqft

Overview

Discover this beautifully appointed 2-bedroom, 2 full bath + powder room residence at Five Park Miami Beach, the iconic new luxury tower redefining the skyline as the gateway to Miami Beach. Residence 1602 offers an expansive layout with 1,357 SQFT of interior living space and a remarkable 279 SQFT private terrace, providing panoramic views of Miami Beach and the Atlantic Ocean. The residence is thoughtfully decorated by a renowned interior designer, featuring custom lighting, elegant wallpapers, and a stunning custom dining table, complementing the impeccable design and top-tier finishes throughout. These include Italian oak cabinetry, quartzite countertops, high-end appliances, and soaring 10-foot ceilings that create an open, airy atmosphere. This exceptional residence boasts floor-to-ceiling windows, a flowing open-concept living and dining area, and a total of 1,636 SQFT of combined indoor and outdoor space.

Location

Details

Type:
Residential
Parking:
Attached Carport / 1 Space / Additional Spaces Available / Valet
Year Built:
2025
Lot:
No Data
Heating:
Central
Price/sqft:
$2,164
Cooling:
Central Air
HOA:
$3,150

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,362,500
$1.1M – $2.2M
Confidence Low
List vs. estimate
$1.2M above estimate
List $2,599,000 · +90.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$2,164
+264.5% vs. city median $593
Based on
56 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
$34,302
2025
HOA
$3,150/mo
View
Ocean View
Garage
1 car garage
Furnished
Furniture For Sale
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Closet Cabinetry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • Attached Carport

    • 1 Space

    • Additional Spaces Available

    • Valet

    Other Property Information

    • Parcel Number: 02-42-04-015-0270

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $3,150

    • HOA Frequency: Monthly

    • Annual tax amount: $34,302

  • Source details

    • MLS ID: A11934301

    Other facts

    • Construction Materials: CBS Construction

    • Architectural Style: High Rise

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1201

    • Subdivision Name: FIVE PARK MIAMI BEACH

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: AFS Living