NEW CONSTRUCTION

For sale

$14,900,000

Est. $119,339/mo —

•

5,441

sq ft

500 Alton Unit 3402.03, Miami Beach, FL 33139

Five Park Residences built by MILLION Luxury

About this home

Brand-new developer COMBO UNIT — truly one-of-a-kind — featuring 4 bedrooms + media room at the Canopy Residences in Five Park Miami Beach, professionally staged by Artefacto. Enjoy resort-style living with 50,000+ sq ft of amenities including the exclusive Canopy Club with owners lounge, a 6th-floor terrace with adult and family pools, cabanas, sunset lounge and restaurant. Residents also have access to a private Beach Club in South of Fifth with umbrella and towel service, plus the 3-acre Canopy Park. Additional amenities include a fully equipped gym and yoga studio, spa with treatment rooms and sauna, business lounge/co-working spaces, screening room, children’s learning lab and teen club. Services feature 24-hr concierge and butler, valet, bike storage, EV Moke shuttle to the beach, and high-speed fiber-optic internet.

CondoProperty Type

2025Year Built

$2,738Price/Sq.Ft.

$14,040/moHOA Dues

2 car garageParking

Listed by Charlotte Maietto • Douglas Elliman

•305-815-0668 (agent)

•charlottemaietto@me.com (agent)

•305-695-6060 (broker)

•martha.pomares@elliman.com (broker)

Listed by Luiza Chiminacio Blackmon • Douglas Elliman

•305-695-6300 (broker)

•iakhrass@elliman.com (broker)

Listing updated: Aug 28, 2026 at 01:55pm

Redfin checked: 2 minutes ago

•Source:MARMLS #A11918764

Payment calculator

$119,339 per month

Principal and interest$82,328

Property taxes

HOA dues

Home insurance

Utilities

5 minutes to get started. No credit impact.

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See this home in person

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Next available date: Monday, October 26

Open houses

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Nearby open houses (10)

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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

All new homes in Five Park Residences

Available homes (3)

NEW CONSTRUCTION

$1,026,800

1 bed2.5 baths1,208 sq ft

500 Alton Rd #501, Miami Beach, FL 33139

Listing provided by Zillow

NEW CONSTRUCTION

$908,160

1 bed2 baths1,056 sq ft

500 Alton Rd #502, Miami Beach, FL 33139

Listing provided by Zillow

Ready-to-build homes (3)

All (3)
1 Bed (1)
3 Bed (1)
4 Bed (1)

1 Bedroom Plan, Miami Beach, FL 33139

$908,160+

1 bed1.5 baths878 sq ft

3 Bedrooms Plan, Miami Beach, FL 33139

$3,600,000+

3 beds3.5 baths1,969 sq ft

4 Bedrooms Plan, Miami Beach, FL 33139

$16,000,000+

4 beds4.5 baths3,186 sq ft

Experience Five Park Residences

Welcome to Five Park, the new luxury tower in Miami Beach developed by Terra Group and GFO Investments. Five Park unites timeless glamour with a modern, multidisciplinary approach to development. In addition to coastal surroundings, an ever-blue bay, and a carefully curated ecological park, Five Park hosts amenities that underscore the importance of living well, including a fully serviced beach club in South of Fifth. The new gateway bridge designed by Daniel Buren easily connects residents to the Miami Beach marina and the boardwalk. On-site workspaces, thoughtfully conceived fitness areas, pools with sweeping views of Florida's coastline, and residences that accommodate every need invite you to embrace the transformative nature of Five Park.

Explore the community Visit Five Park Residences website

Sales office

237 S Dixie Hwy, 4th Fl Suite 465, Coral Gables, FL 33133, Coral Gables, FL 33139

Mon-Sun 7am-10pm

Offer insights

500 Alton Unit 3402.03 · $14,900,000

Strong offer

$14.8M and above

75% chance or better to win

Why $14.8M+ is a strong offer

DAYS ON MARKET

The average home goes pending in 116 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
Entrance foyer
Pantry
Walk-in closets
Bar

Bathrooms
4 full bathrooms
1 half bathroom

Kitchen
Built-in oven
Electric range
Microwave
Refrigerator
Icemaker
Dishwasher

Laundry & utility
Washer
Dryer

Flooring
Hardwood
Wood

Heating & cooling
Electric heating
Electric cooling

Sale and tax history for 500 Alton Unit 3402.03

Sale History
Tax History

Date

Event

Price

Zillow #2F3BCEDDB75D

Apr 17, 2026

Listed

$16,000,000

$2,941/sq ft

+22

Commanding the heights of Five Park, this palatial 5,500-square-foot Canopy Residence represents the absolute zenith of Miami Beach real estate. Featuring 4 bedrooms and 6 bathrooms, this sprawling estate in the sky offers 360-degree views that capture the vast Atlantic, Biscayne Bay, and the iconic Miami skyline. The massive living spaces and expansive private terraces provide an unrivaled canvas for world-class entertaining and an exceptionally private lifestyle. This is more than a home; it is a monumental architectural achievement for the most discerning collector of fine properties.

MARMLS #A11918764

Apr 23, 2026

Price Changed

$14,900,000

$2,738/sq ft

Nov 22, 2025

Listed

$16,000,000

$2,941/sq ft

MARMLS #A11724574

Jun 13, 2025

Listing Removed

—

Jan 15, 2025

Listed

$16,000,000

$2,941/sq ft

Public record

Public record
Zoning

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Finished Sq. Ft.

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Total Sq. Ft.

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Year built

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Style

Condo/Co-op

County

Miami-Dade County

APN

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Parking Spaces

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Basement

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Accessible

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HOA Dues

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Garage

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Last updated by owner on Jan 30, 2025.

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 Unit 3402.03

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

Nearby homes have recently sold between $3,350,000 and $18,500,000.

Nearby comparable homes

The Redfin Estimate uses 5 recent nearby sales, priced between $3.4M to $18.5M.

SOLD JAN 13, 2026
$6,000,000 Last sold price
4 beds4.5 baths3,186 sq ft
500 Alton Rd #3201, Miami Beach, FL 33139
$855/sq ft
1 year older
SOLD JUL 6, 2026
$6,200,000 Last sold price
4 beds5 baths3,521 sq ft
500 Alton Unit 2101/02, Miami Beach, FL 33139
$977/sq ft
1 year older
SOLD MAY 7, 2026
$3,350,000 Last sold price
3 beds3.5 baths2,335 sq ft
500 Alton Rd #803, Miami Beach, FL 33139
$1303/sq ft
1 year older
SOLD JAN 30, 2026
$18,500,000 Last sold price
5 beds6.5 baths6,060 sq ft
501 West Ave Ph 4701, Miami Beach, FL 33139
$315/sq ft
SOLD JUN 1, 2026
$6,175,000 Last sold price
3 beds3.5 baths2,930 sq ft
500 Alton Rd #3602, Miami Beach, FL 33139
$630/sq ft

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