Sold for $18,500,000

$18,500,000

501 West Ave #Penthouse 4701, Miami Beach, FL 33139

5beds

6,060sqft

Condominium

Built in 2025

-- sqft lot

$18,272,200 Zestimate^®

$3,053/sqft

$-- Estimated rent

Home value

$18,272,200

$16.08M - $20.83M

Not available

Zestimate^® history

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$144,112/mo

Est. payment

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$144,112/mo

Est. payment

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What's special

Open living space

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 & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 7
Full bathrooms: 6
1/2 bathrooms: 1

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer

Features

Closet Cabinetry, Kitchen Island, Elevator, Other, Walk-In Closet(s)
Flooring: Marble, Tile, Wood
Doors: High Impact Doors

Interior area

Total structure area: 7,923
Total interior livable area: 6,060 sqft

Property

Parking

Total spaces: 4
Parking features: 2 Or More Spaces, Additional Spaces Available, Valet
Garage spaces: 4

Features

Entry location: First Floor Entry
Exterior features: Balcony
Pool features: Association
Has view: Yes
View description: Bay, Ocean, Skyline
Has water view: Yes
Water view: Bay,Ocean

Details

Parcel number: 0242040160210

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Condition

New Construction
New construction: Yes
Year built: 2025

Community & HOA

Community

Security: Doorman, Elevator Secure, Card Entry, Secured Garage/Parking, Security Guard, Lobby Secured
Application fee: $150
Pet fee: $100
Subdivision: Five Park Condo

HOA

Has HOA: Yes
Amenities included: Bar, Bike Storage, Business Center, Cabana, Playground, Elevator(s), Fitness Center, Exterior Lighting, Other, Pool, Sauna
HOA fee: $15,120 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $3,053/sqft
Date on market: 7/15/2025
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
1/30/2026	Sold	$18,500,000-11.9%$3,053/sqft
Source: MIAMI #A11840802 Report a problem
1/26/2026	Pending sale	$21,000,000$3,465/sqft
Source: MIAMI #A11840802 Report a problem
7/15/2025	Listed for sale	$21,000,000$3,465/sqft
Source: MIAMI #A11840802 Report a problem