FIVE PARK

500 Alton, Miami Beach FL 33139

4 beds · 6.5 baths · 5,888 ft²

Closed

$20,000,000

Est. Payment $106,448/mo

MLS Sheet Video

4

Bedrooms

6.5

Bathrooms

5,888

Sq. Ft.

2024

Year Built

4

Garage

48

Stories

210

Days on Market

Description

One of the most remarkable residences in Miami - stunning lower Penthouse at Five Park, featuring 4 beds, 6.5 baths, office and media room. 11 ft+ ceilings. 5,888 sq ft of interior space, complemented by 1,868 sq ft of wraparound terrace. Sweeping views of magical sunsets over the Miami skyline, and sunrises over the Ocean. Open living space meticulously designed and detailed by Meyer Davis is equally suited for lavish entertainment and serene contemplation. Five Park is the newest luxury residential tower in Miami Beach, delivered Nov 2024. It offers its residents amenities including private beach club, 2 pools, gym, spa, on-site restaurant and the exclusive 26th floor Canopy Club. Most sought-after location due to proximity to restaurants, beach, parks etc.

Facts

MLS#
A11694331
Subdivision
FIVE PARK
Property Type
Residential
Property Sub Type
Condominium
Year Built
2024
Lot Size
0 sqft
Sq. Ft.
5,888 ft²
Sq. Mt.
547 m²
Price per sq. ft.
$3,397/ft²
Price per sq. mt.
$36,563/m²
Stories
48
Garage
4 spaces
Pool
Days on Market
210 days
Listed
Nov 15, 2024
Last Updated
Jul 18, 2025
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Buyers market

May 2026

0/100
Buyers marketSellers market

30

Median days to sold

-1.2%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/18/2025Sold$20,000,000
11/15/2024Listed for sale$20,000,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

500 Alton, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$123,265/mo

Principal & Interest

$106,448

Property Tax

$16,667

Insurance

$150

HOA

$0

20% ($4,000,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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