NEW CONSTRUCTION

For sale

$3,745,000

Est. $32,234/mo —

•

2,178

sq ft

500 Alton Rd #1001, Miami Beach, FL 33139

About this home

Spacious and light-filled corner 3 bedroom, 3.5 bathroom residence with 10 ft ceilings at Five Park - the newest luxury residential tower in Miami Beach. Offering 2,178 sq ft of interior space, complemented by 900+ sq ft of wraparound terrace, the residence enjoys beautiful sunrise and sunset views over South of Fifth, the Ocean and the Bay. The open living space features three walls of windows, and a white oak Italian kitchen with quartzite countertops and Gaggenau appliances. The primary suite offers a generous walk-in closet and a marble bathroom with separate tub and shower. The residence is outfitted with custom ripple fold sheer curtains throughout, and electric blackouts and California Closets in the bedrooms. Five Park offers a full suite of luxury amenities, including a private beach club accessible via house car, two pools, a state-of-the-art gym and spa, on-site restaurant and more. Ideally located at the gateway to South of Fifth (SoFi), residents are moments away from restaurants, beach, parks, gyms and everything that makes this one of Miami Beach's most desirable neighborhoods. Completed in November 2024, Five Park offers the rare opportunity to live in a brand new building in a most sought-after location.

CondoProperty Type

2024Year Built

$1,719Price/Sq.Ft.

$5,251/moHOA Dues

2 car garageParking

Listed by Anca Mirescu • Douglas Elliman

•646-707-1498 (agent)

•anca.mirescu@elliman.com (agent)

•305-695-6300 (broker)

•iakhrass@elliman.com (broker)

Listing updated: Sep 28, 2026 at 07:00pm

Redfin checked: a minute ago

•Source:MARMLS #A12096470

Payment calculator

$32,234 per month

Principal and interest$20,693

Property taxes

HOA dues

Home insurance

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$369,000
3 beds2.5 baths952 sq ft
9043 Park Road Dr #9043, Miami Shores, FL 33138
(305) 809-7650
OPEN SAT, 12PM TO 3PM
$650,000
4 beds3 baths2,216 sq ft
645 W 16th St, Hialeah, FL 33010
(305) 697-5402
OPEN SAT, 12PM TO 2PM
$299,000
Studio1 bath552 sq ft
1200 West Ave #324, Miami Beach, FL 33139
OPEN SAT, 12PM TO 2PM
$1,299,999
4 beds4.5 baths2,929 sq ft
1771 NW 3 St, Miami, FL 33125
(305) 667-4815
OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$5,850,000
6 beds6.5 baths5,860 sq ft
9325 SW 59th Pl, Pinecrest, FL 33156
(305) 203-5085
OPEN SAT, 1PM TO 4PMVIDEO TOUR
$950,000
2 beds2 baths1,023 sq ft
668 NE 70th St, Miami, FL 33138
(786) 362-5672
OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$7,200,000
6 beds5.5 baths5,034 sq ft
451 NE 52nd St, Miami, FL 33137
(305) 667-4815
OPEN SUN, 11AM TO 1PM
$650,000
3 beds2 baths1,924 sq ft
568 E 15th St, Hialeah, FL 33010
(786) 832-1001
OPEN SUN, 12PM TO 2PM
$695,000
2 beds2 baths1,200 sq ft
1611 SW 2nd Ct Unit A111, Miami, FL 33129
(305) 960-2400
OPEN OCT 21, 12PM TO 2PM
$4,950,000
5 beds4.5 baths4,274 sq ft
1457 Certosa Ave, Coral Gables, FL 33146
(305) 851-2820

Around this home

Schools

K - 12
Preschool & daycare

South Pointe Elementary School

Public PreK-5 • Assigned • 0.2mi

9/10

Nautilus Middle School

Public 6-8 • Assigned • 2.8mi

5/10

Miami Beach Senior High School

Public 9-12 • Assigned • 1.7mi

5/10

Provided by GreatSchools

About

Flamingo-Lummus

Flamingo-Lummus, located between Biscayne Bay and the Atlantic Ocean, is a historic and walkable Miami Beach neighborhood with an Art Deco streetscape and a beach-forward rhythm. The neighborhood’s character concentrates along Ocean Drive at 10th Street, where sidewalk cafes, boutique hotels, and neon-lit facades set an always-in-motion promenade. Lummus Park frames the shoreline with palms, volleyball courts, and the Ocean Drive pedestrian path. Architectural gems line Collins Avenue and Washington Avenue, mixing pastel Deco hotels with mid-century apartment buildings. The Wolfsonian–FIU anchors the cultural calendar with design-focused exhibitions. Mac’s Club Deuce and Mango’s Tropical Cafe keep the nightlife soundtrack distinctly South Beach.

Provided by Walk Score and Local Logic

Offer insights

500 Alton Rd #1001 · $3,745,000

Strong offer

$3.72M and above

75% chance or better to win

Why $3.72M+ is a strong offer

DAYS ON MARKET

The average home goes pending in 114 days.

SALE-TO-LIST

Most homes are selling 6% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Unfurnished
Blinds
Impact glass
Entrance foyer
Wet bar
Bedroom on main level

Bedrooms
Bedroom on main level

Bathrooms
3 full bathrooms
1 half bathroom

Kitchen
Built-in oven
Electric range
Microwave
Dishwasher
Garbage disposal
Icemaker
Refrigerator

Laundry & utility
Washer
Dryer
Electric water heater

Flooring
Marble
Tile

Heating & cooling
Central heating (electric)
Central air conditioning
Zoned cooling

Sale and tax history for 500 Alton Rd #1001

Sale History
Tax History

Public record

Public record
Zoning

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

2025

Finished Sq. Ft.

1,988

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,988

Year built

2025

Style

Condo/Co-op

County

Miami-Dade County

APN

0242040150040

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 14, 2026.

CPS-2

General Mixed-Use Commercial District

The commercial performance standards districts are designed to accommodate a range of business, commercial, office and hotel uses, as well as medium to high density residential development pursuant to performance standards which control the permissible type, density or intensity, and mix of development. Performance standards development will allow for modification of requirements affecting certain individual lots; greater flexibility, particularly for large-scale development; large commercial, medium to high density residential and mixed use developments in phases over time where the overall development at a single point in time or in a single instance by private owners would not be practical; providing incentives for provision of certain amenities and for conformance with specified objectives, thereby encouraging more flexible and innovative design and development in accordance with the goals and objectives of the comprehensive plan and the redevelopment plan.

Permitted uses

Include but are not limited to:

Religious facility
Commercial & retail
Housing-Single unit
Housing-Multiple units

Historical weather

Miami Beach, FL • 33139

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

82/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Miami Beach. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10 hrs

6.6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 500 Alton Rd #1001

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $950,000 and $4,150,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $950K to $4.2M.

SOLD MAY 12, 2026
$3,400,000 Last sold price
3 beds4 baths1,991 sq ft
500 Alton Rd #903, Miami Beach, FL 33139
$11/sq ft
1 year newer
SOLD OCT 9, 2026
$2,375,000 Last sold price
3 beds3.5 baths1,994 sq ft
520 West Ave #2101, Miami Beach, FL 33139
$528/sq ft
20 years older
SOLD FEB 27, 2026
$2,775,000 Last sold price
3 beds3.5 baths1,994 sq ft
520 West Ave #1701, Miami Beach, FL 33139
$327/sq ft
20 years older
SOLD SEP 1, 2026
$1,360,000 Last sold price
1 bed1.5 baths1,010 sq ft
500 Alton Rd #1906, Miami Beach, FL 33139
$372/sq ft
1 year newer
SOLD JUN 2, 2026
$4,150,000 Last sold price
3 beds3.5 baths1,969 sq ft
501 West Ave #3405, Miami Beach, FL 33139
$389/sq ft
1 year newer
SOLD SEP 17, 2026
$950,000 Last sold price
3 beds2 baths1,191 sq ft
650 West Ave #1208, Miami Beach, FL 33139
$921/sq ft
27 years older

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