Park Residences Condo,Five Park

500 Alton Rd # 2402, Miami Beach FL 33139

2 beds · 2.5 baths · 1,218 ft²

For Sale · Active Listing

$2,885,000

3.67%

Est. Payment $15,355/mo

MLS Sheet Video

2

Bedrooms

2.5

Bathrooms

1,218

Sq. Ft.

2024

Year Built

2

Garage

48

Stories

71

Days on Market

Description

Experience the pinnacle of waterfront luxury at Five Park Miami Beach, the newest icon in Miami Beach. Be the first to live in this exceptional 2BR, 2.5BA residence spanning approximately 1400 SF. This unit is uniquely equipped with a custom kitchen island with quartzite waterfall that none of the other 02 line units have. The unit has easy-to-maintain wood-pattern porcelain flooring in the interior and exterior-grade tile on the balcony. Enjoy breathtaking sunrise & ocean views from floor-to-ceiling glass windows. The elegant interior boasts Gaggenau appliances and quartzite countertops, blending sophistication with comfort. Five Park delivers an unmatched lifestyle with a full-service beach club, in-residence dining, resident-only on-site restaurant curated by James Beard Award-winning Chef Michelle Bernstein, two lavish pools, hot tub, state of the art spa, fitness center, butler service, two house cars, and more. Walk across the soon-to-be-completed Canopy bridge by renowned French conceptual artist Daniel Buren and step directly into South of Fifth's shops, restaurants, and a marina to dock your boat or be picked up for a charter. Nestled beside Canopy Park—a lush 3-acre retreat—this pet-friendly residence seamlessly fuses nature and luxury for the ultimate Miami Beach sanctuary. Owner may lease for minimum of 6 months 2x per year. Unit is pre-wired for automated window treatments with shade pockets already installed. New owner to customize closets post-closing.

Facts

MLS#
A11987245
Subdivision
Park Residences Condo,Five Park
Property Type
Residential
Property Sub Type
Condominium
Year Built
2024
Lot Size
0 sqft
Sq. Ft.
1,218 ft²
Sq. Mt.
113 m²
Price per sq. ft.
$2,369/ft²
Price per sq. mt.
$25,531/m²
Stories
48
Garage
2 spaces
Pool
Private
Days on Market
71 days
Listed
Mar 27, 2026
Last Updated
May 21, 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

June 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).

5/21/2026Price change$2,885,000-3.7%
3/27/2026Listed for sale$2,995,000

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

Location

500 Alton Rd # 2402, 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

$17,909/mo

Principal & Interest

$15,355

Property Tax

$2,404

Insurance

$150

HOA

$0

20% ($577,000)
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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