Condominium

500 Alton Rd # 1602

500 Alton Rd # 1602, Miami Beach FL 33139 Get directions

$2,495,000

For Sale
Price cut: $104,000 (−4.0%)

2 Beds · 2 Baths · 1,201 SqFt

See estimated monthly cost

This listing is courtesy of AFS Living. Alessandro Saponaro

Overview

Discover this beautifully appointed 2-bedroom, 2 full bath + powder room residence at Five Park Miami Beach, the iconic new luxury tower redefining the skyline as the gateway to Miami Beach. Residence 1602 offers an expansive layout with 1,357 SQFT of interior living space and a remarkable 279 SQFT private terrace, providing panoramic views of Miami Beach and the Atlantic Ocean. The residence is thoughtfully decorated by a renowned interior designer, featuring custom lighting, elegant wallpapers, and a stunning custom dining table, complementing the impeccable design and top-tier finishes throughout. These include Italian oak cabinetry, quartzite countertops, high-end appliances, and soaring 10-foot ceilings that create an open, airy atmosphere. This exceptional residence boasts floor-to-ceiling windows, a flowing open-concept living and dining area, and a total of 1,636 SQFT of combined indoor and outdoor space.

Facts & features

Interior

Living area (sq ft)
1,201
Full bathrooms
2
Half bathrooms
1
Furnished
Furniture For Sale
  • Closet Cabinetry

Building & exterior

Year built
2025
Garage spaces
1
Covered spaces
2
Waterfront
Yes
  • Ocean View
  • Attached Carport
  • 1 Space
  • Additional Spaces Available
  • Valet

HOA (homeowners association)

Association fee
$3,150 per month
Pets allowed
Yes
  • Bar
  • Barbecue
  • Billiard Room
  • Business Center
  • Child Play Area
  • Clubhouse-Clubroom
  • Elevator(s)
  • Exercise Room
  • Heated Pool
  • Other Membership Available
  • Sauna
  • Spa/Hot Tub
  • No Daily Rentals
  • Ok To Lease
  • Okay To Lease 1st Year
  • Restrictions Or Possible Restrictions

Taxes

Annual tax
$34,302
Tax year
2025
Parcel number
02-42-04-015-0270

Listing

MLS number
A11934301
Property type
Condominium
Price per SqFt
$2,077
Subdivision
FIVE PARK MIAMI BEACH
On market since
Dec 22, 2025
Days on market
275

Price history

Date Event Price Change
Dec 22, 2025 Listed $2,700,000 —
Oct 15, 2026 Price change $2,495,000 −$104,000 (−4.0%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$20,496 per month

Principal & interest (30 yr)
$12,616
Property tax
$2,859
Insurance (estimated)
$1,871
Association fee
$3,150

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

See this area on the search map

Nearby schools

  • Miami Beach South Pointe Elementary Public · PK-5 · 0.20 mi
  • South Pointe Elementary School Private · 01-10 · 0.26 mi
  • BaseCamp 305 Jr Private · KG-KG · 0.27 mi
  • Lubavitch Educational Center - Yeshiva Gedolah Private · 01-12 · 0.48 mi
  • Miami Beach Adult & Community Education Center Public · 0 · 0.91 mi
  • Miami Beach Fienberg/Fisher K-8 Center Public · PK-8 · 0.93 mi

Similar homes nearby

Active listings within two miles, with a comparable size and price.

Comparables in this building

  • 500 Alton Rd # 2207, Miami Beach FL 33139 $2,280,000 Closed Sep 29, 2026 · 2 Beds · 2 Baths
  • 500 Alton Rd # 2904, Miami Beach FL 33139 $3,000,000 Closed Aug 4, 2026 · 2 Beds · 2 Baths
  • 500 Alton Rd # 1802, Miami Beach FL 33139 $2,100,000 Closed Jun 16, 2026 · 2 Beds · 2 Baths

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