Five Park

501 West Ave, Miami Beach FL 33139

4 beds · 4.5 baths · 6,777 ft²

Closed

$14,000,000

6.67%

Est. Payment $74,514/mo

MLS Sheet Video

4

Bedrooms

4.5

Bathrooms

6,777

Sq. Ft.

2024

Year Built

2

Garage

48

Stories

335

Days on Market

Description

Experience unparalleled luxury at Five Park, the latest architectural gem in the coveted South of Fifth neighborhood by Arquitectonica. This exclusive combo unit offers the opportunity to own a brand-new corner residence that has never been lived in before. It features 4 bedrooms, 4 bathrooms, 2 powder rooms, 2 offices, and a wraparound private terrace with 5,155 sq. ft. of sophisticated living space. The custom-designed kitchen boasts Italian oak cabinetry, sleek marble countertops, and top-of-the-line Gaggenau appliances. Enjoy world-class amenities, including exclusive beach club access, a Canopy Park, a Fitness Center, a Wellness Spa, Rooftop Pools, and an on-site Restaurant. Situated in the heart of South Beach, with easy access to fine dining, pristine beaches, and Downtown Miami.

Facts

MLS#
A11772496
Subdivision
Five Park
Property Type
Residential
Property Sub Type
Condominium
Year Built
2024
Lot Size
0 sqft
Sq. Ft.
6,777 ft²
Sq. Mt.
630 m²
Price per sq. ft.
$2,066/ft²
Price per sq. mt.
$22,222/m²
Stories
48
Garage
2 spaces
Pool
Days on Market
335 days
Listed
Mar 28, 2025
Last Updated
Mar 17, 2026
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.

Sellers market

May 2026

100/100
Buyers marketSellers market

45

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

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

3/17/2026Sold$14,000,000
6/5/2025Price change$14,000,000-6.7%
3/28/2025Listed for sale$15,000,000

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

Location

501 West Ave, 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

$86,331/mo

Principal & Interest

$74,514

Property Tax

$11,667

Insurance

$150

HOA

$0

20% ($2,800,000)
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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