Condominium

500 Alton Rd # 2402

500 Alton Rd # 2402, Miami Beach FL 33139 Get directions

$2,750,000

For Sale
Price cut: $135,000 (−4.7%)

2 Beds · 2 Baths · 1,218 SqFt

See estimated monthly cost

This listing is courtesy of WIRE Miami. Hector Silva Jr.

Overview

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 & features

Interior

Living area (sq ft)
1,218
Full bathrooms
2
Half bathrooms
1
  • Lobby
  • Cooking Island
  • Fire Sprinklers
  • Split Bedroom
  • Walk-In Closet(s)
  • Family Room

Building & exterior

Year built
2024
Garage spaces
2
Covered spaces
2
Pool
Yes
Waterfront
Yes
  • Bay
  • Open Balcony
  • 2 Or More Spaces
  • Valet

HOA (homeowners association)

Association fee
$3,236 per month
Pets allowed
Yes
  • Bar
  • Bike/Jog Path
  • Business Center
  • Cabana
  • Child Play Area
  • Clubhouse-Clubroom
  • Elevator(s)
  • Exercise Room
  • Private Pool
  • Spa/Hot Tub
  • See Broker Remarks
  • Restrictions Or Possible Restrictions

Taxes

Annual tax
$34,268
Tax year
2025
Parcel number
02-42-04-015-0310

Listing

MLS number
A11987245
Property type
Condominium
Price per SqFt
$2,258
Subdivision
Park Residences Condo,Five Park
On market since
Mar 27, 2026
Days on market
188

Price history

Date Event Price Change
Mar 27, 2026 Listed $2,995,000 —
Sep 2, 2026 Price change $2,750,000 −$135,000 (−4.7%)

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

Estimated monthly cost

$22,060 per month

Principal & interest (30 yr)
$13,905
Property tax
$2,856
Insurance (estimated)
$2,063
Association fee
$3,236

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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