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About this home
Experience an extraordinary sky residence at FIVE PARK with 270-degree panoramic views of the Atlantic Ocean, Biscayne Bay and Miami skyline. This exceptional lower penthouse features 6-bedrooms, 7.5-baths with 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
$3,583Price/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
We couldn't find any schools that service this home or are within 5 miles of this home.
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
Market insights
500 Alton Rd Unit LPH-4501 · $21,500,000
DAYS ON MARKET
66 days
The average home goes pending in 120 days.
SALE-TO-LIST
94.7%
Most homes are selling 5% below list price.
LIST PRICE
$21,500,000
Median list price in this area is $477,733. (98% lower than this home)
PRICE DROP
1 price drop
15% 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
Impact glass windows
Breakfast area
Closet cabinetry
Dining area
Separate formal dining room
Eat-in kitchen
High ceilings
Walk-in closet
Bathrooms
7 full bathrooms
1 half bathroom
Kitchen
Built-in oven
Dishwasher
Electric range
Disposal
Refrigerator
Self-cleaning oven
Laundry & utility
Washer
Dryer
Flooring
Hardwood and wood flooring
Heating & cooling
Central heating
Central air conditioning
Exterior features
Balcony
Open balcony
Exterior lighting
Association pool
Heated pool
View
Home design
48 stories
Entry on the 45th floor
Parking
5 garage spaces
5 covered spaces
Assigned parking
Two or more parking spaces
Security
Secured elevator
Secured garage parking
Secured lobby
Construction
New construction
Block construction
HOA & community
Association amenities include a business center, cabana, clubhouse, elevators, fitness center, playground, pool, sauna, spa/hot tub, and trash service
Association fees include internet, sewer, trash, and water
Other
Pets allowed with conditions and a pet fee
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 500 Alton Rd Unit LPH-4501
Sale History
Tax History
Date
Event
Price
MARMLS #A12120775
Nov 10, 2026
Listed for Rent
$140,000
$23/sq ft
MARMLS #A12085309
Nov 11, 2026
Price Changed
$21,500,000
$3,583/sq ft
Sep 9, 2026
Listed
$23,500,000
$3,917/sq ft
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 Nov 13, 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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Redfin Estimate for 500 Alton Rd Unit LPH-4501
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $985,000 and $10,950,000.
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