Experience an extraordinary sky residence at FIVE PARK with 270-degree panoramic views of the Atlantic Ocean, Biscayne Bay and Miami skyline. This exceptional 6-bedroom, 7-bath + powder room residence offers approx. 6,061 SF of interiors plus a 1,863 SF wraparound terrace. Elevated beyond the standard offering with Gabellini Sheppard specifications and extensive upgrades, the home features 11-foot ceilings, Marmorino plaster, custom millwork, wood paneling and Arca “Dune” wood flooring. A private elevator opens to a custom paneled foyer. The chef’s kitchen features upgraded Italkraft cabinetry, Calacatta Monet Extra stone, Gaggenau appliances and built-in espresso machine, plus a separate back chefs' kitchen. The primary suite includes custom illuminated his-and-hers closets, owner’s closet, safe drawer and spa baths with Kohler steam shower, upgraded fixtures and Toto Neorest. Additional features include a family/media room, executive office, CM Kling lighting design, Lutron-controlled lighting and shades, Sonos audio, James speakers, Meraki Wi-Fi and upgraded 16-ton HVAC. Four parking spaces included. FIVE PARK amenities include two resort-style pools, resident café and pool bar, spa and wellness facilities, fitness center, The Canopy Club, private beach club with transportation and beach service, 24/7 concierge, screening room, co-working spaces and adjacent 3-acre Canopy Park.
CondoProperty Type
2024Year Built
$3,917Price/Sq.Ft.
$16,189/moHOA Dues
5 car garageParking
Listed by Marko Gojanovic• One Sotheby's International Realty
•774-239-9514 (agent)
•marko@mrluxurygroup.com (agent)
•305-538-9711 (broker)
•MLS@onesothebysrealty.com (broker)
Listed by Roberto Quiroz• One Sotheby's International Realty
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
Market insights
500 Alton Rd #4501 · $23,500,000
DAYS ON MARKET
23 days
The average home goes pending in 113 days.
SALE-TO-LIST
94.4%
Most homes are selling 6% below list price.
LIST PRICE
$23,500,000
Median list price in this area is $466,870. (98% lower than this home)
PRICE DROP
0 price drops
14% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Bedroom on main level
Breakfast area
Closet cabinetry
Dining area
Formal dining room
Eat-in kitchen
Walk-in closets
Bathrooms
7 full bathrooms
1 half bathroom
Kitchen
Built-in oven
Self-cleaning oven
Electric range
Dishwasher
Disposal
Refrigerator
Laundry & utility
Washer
Dryer
Flooring
Hardwood
Wood
Heating & cooling
Central heating
Central air conditioning
Exterior features
Balcony
Open balcony/porch
Association heated pool
Association spa/hot tub
Exterior lighting
Has view
Secured lobby
Home design
New construction
Property is attached
Parking
Assigned covered parking
5 covered spaces
Secured garage/parking
Security
Secured elevator
Secured lobby
Secured garage/parking
Construction
Block construction
Utilities
Water included in association fee
Sewer included in association fee
Trash included in association fee
HOA & community
Monthly association fee
Association amenities include business center, cabana, clubhouse, elevators, fitness center, playground, pool, sauna, spa/hot tub, and trash service
Financial info
Association fee covers water, sewer and trash
Other
Pets allowed (conditional)
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished 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
00-00-00-000-4501
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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Features
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Last updated by owner on Sep 9, 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)
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69
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Feb
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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 #4501
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $950,000 and $10,950,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $950K to $10.9M.