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.
New construction
Price cut: $110K (5/21)
$2,885,000
500 Alton Rd Unit 2402, Miami Beach, FL 33139
2beds
1,218sqft
Condominium
Built in 2024
-- sqft lot
$-- Zestimate®
$2,369/sqft
$3,236/mo HOA
What's special
Hot tubQuartzite countertopsTwo lavish poolsElegant interiorGaggenau appliances
- 90 days |
- 55 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Hector Silva Jr. 407-620-6906,
Bayview International Realty,
Adrian Sanchez 305-321-7655,
Waterfront Investment Real Estate
Source: MIAMI,MLS#: A11987245
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Family Room
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Features
- Lobby, Kitchen Island, Split Bedroom, Walk-In Closet(s)
- Doors: High Impact Doors
- Windows: High Impact Windows, Impact Glass
Interior area
- Total structure area: 1,218
- Total interior livable area: 1,218 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: 2 Or More Spaces, Valet
- Garage spaces: 2
Features
- Exterior features: Balcony
- Has private pool: Yes
- Pool features: Private Pool
- Spa features: Community
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bay
- Frontage type: Bay/Harbor
Details
- Parcel number: 0242040150310
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- New Construction
- New construction: Yes
- Year built: 2024
Community & HOA
Community
- Security: Fire Sprinkler System, Smoke Detector, Doorman, Elevator Secure, Fire Alarm
- Application fee: $0
- Pet fee: $300 nonrefundable
- Subdivision: Park Residences Condo,Five Park
HOA
- Has HOA: Yes
- Amenities included: Bar, Bike/Jog Path, Business Center, Cabana, Playground, Clubhouse-Clubroom, Elevator(s), Fitness Center, Spa/Hot Tub
- HOA fee: $3,236 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $2,369/sqft
- Tax assessed value: $1,902,712
- Annual tax amount: $34,268
- Date on market: 3/27/2026
- Listing terms: All Cash,Conventional
- Ownership: Corporation
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Price change | $2,885,000-3.7%$2,369/sqft |
Source:  MIAMI #A11987245 Report a problem | ||
| 3/27/2026 | Listed for sale | $2,995,000$2,459/sqft |
Source: MIAMI #A11987245 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $35,695 | $1,902,712 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Flamingo Lummus
Nearby schools
GreatSchools rating
- 9/10South Pointe Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 2.8 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 1.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Miami-Dade County
- Miami Beach
- 33139
- Flamingo Lummus
- 500 Alton Rd Unit 2402
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