Five Park Condo

501 West Ave, Miami Beach FL 33139

5 beds · 6.5 baths · 6,060 ft²

Closed

$21,000,000

Est. Payment $111,771/mo

MLS Sheet Video

Bedrooms

6.5

Bathrooms

6,060

Sq. Ft.

2025

Year Built

Garage

Stories

193

Days on Market

Description

The LAST remaining Penthouse at Five Park Miami Beach. Fully furnished (price reflects unfurnished) residence featuring 5 beds + media room with 6.5 baths, 11 ft+ ceilings. 6000 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#: A11840802
Subdivision: Five Park Condo
Property Type: Residential
Property Sub Type: Condominium
Year Built: 2025
Lot Size: 0 sqft
Sq. Ft.: 6,060 ft²
Sq. Mt.: 563 m²
Price per sq. ft.: $3,465/ft²
Price per sq. mt.: $37,300/m²
Stories: 48
Garage: 4 spaces
Pool: —
Days on Market: 193 days
Listed: Jul 15, 2025
Last Updated: Feb 25, 2026
Price/Lot Sq.Ft.: —

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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

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).

2/25/2026	Sold	$21,000,000
7/15/2025	Listed for sale	$21,000,000

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.

Brickell International Academy
PK,KG · private · 0.1 mi
Worlded International School
6,7,8,9,10,11,12 · private · 0.1 mi
Tiniciti Preschool
PK,KG · private · 0.2 mi
Southside Elementary School
PK,KG,1,2,3,4,5,6,7,8 · public · 0.2 mi
Kingsbury Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
Key Point Academy
PK,KG,1,2,3,4,5,6,7,8 · private · 0.3 mi
Key Point Academy
PK,TK,KG,1,2,3,4,5,6,7,8 · private · 0.3 mi
Kla Elementary
KG,1,2,3,4,5 · private · 0.4 mi
Mater Virtual Academy Charter Middle/High School
KG,1,2,3,4,5,6,7,8,9,10,11,12 · charter · 0.5 mi
International Studies Virtual
6,7,8,9,10,11,12 · charter · 0.5 mi

Estimated Monthly Payment

$129,421/mo

Principal & Interest

$111,771

Property Tax

$17,500

Insurance

$150

HOA

Down Payment20% ($4,200,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$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

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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