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$4,375,000
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Property Description
Welcome to Residence 1601 at 5 Park, a masterfully curated luxury home in the most iconic new address in Miami Beach. This elevated corner residence showcases bespoke finishes and meticulous craftsmanship throughout, offering a seamless blend of refined design and modern elegance. Floor-to-ceiling glass frames breathtaking panoramic views of the Atlantic Ocean, Biscayne Bay, and the Miami skyline, delivering unforgettable sunrises and sunsets from every principal room. Custom interiors feature premium materials, designer lighting, and sophisticated architectural details that define the elevated lifestyle of 5 Park Miami Beach. The gourmet kitchen is a statement of form and function, appointed with top-tier appliances, custom cabinetry, and refined stone surfaces-perfect for both entertaining and everyday living. Spa-like bathrooms and a serene primary suite create a private retreat above the city. As a resident of 5 Park, enjoy a world-class amenity collection, exceptional services, and immediate access to South Beach, parks, marinas, and fine dining. Residence 1601 offers a rare opportunity to own a luxury Miami Beach condo where iconic views, privacy, and elevated living converge. *Offered Furnished or Unfurnished
Full Property Details
Full Property Details for 500 Alton Rd #1601
General
- Price: $4,375,000
- HOA FEE: $5,298/month
- Taxes: $54,652 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11923113
- Updated: 2/2/2026
- Added to Site: 92 day(s) ago
Interior
- Interior Features: Closet Cabinetry, Custom Mirrors, Elevator, Entrance Foyer, Volume Ceilings, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Self-Cleaning Oven, Wall Oven, Washer
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Primary Bathroom: Dual Sinks, Separate Tub & Shower
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
Other Rooms
- Dining Room: L Shaped Dining
Additional Information
- Shared Amenities: Bar, Clubhouse-Clubroom, Community Room, Exercise Room, Other, Other Membership Available, Pool, Spa/Hot Tub
- Maint. Includes: All Amenities, Common Area
- Security/Safety: Smoke Detector, Other
- Equipment: Elevator
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: 2 Or More Spaces, Guest
Location
- Area: Five Park
- County: Miami-Dade County
- Subdivision: Five Park
- Building Name: Five Park
- Direction Faces: East
School Information
- Elementary School: South Pointe
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: Five Park
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction, CBS Construction
- Windows: Blinds, Other Windows, Sliding
- Doors: High Impact Doors
- Entry Floor Number: 16
- Entry Location: Foyer
- Building Size: 3086
- Square Feet: 2,178
- Living Area: 2,178 Sq. Ft.
- Year Built: 2025
Lot Features
- Property View: Bay, Ocean View
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $2,008.72
- Association Fee: $5,298
- Assoc Fee Freq.: Monthly
- Tax Amount: $54,652
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: PARK RESIDENCES CONDO UNIT 1601 UNDIV 1.0971% INT IN COMMON ELEMENTS OFF REC 34492-3455
- Restrictions: No Daily Rentals, Ok To Lease, Other Restrictions
- Property ID: 02-42-04-015-0090
Listed by Compass Florida, LLC
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Price & Sales History for 500 Alton Rd #1601
Date
Details
Price
Change
Source
2/02/2026
Price Reduced
$4,375,000
-4.89%
MLS
12/01/2025
Listed
$4,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 500 Alton Rd #1601
Year
Property Taxes
Change
Tax Assessment
Change
2025
$54,652
—
$2,954,805
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 500 Alton Rd #1601
500 Alton Rd #1601, Miami Beach, FL 33139 (MLS# A11923113) is a Condo property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 500 Alton Rd #1601 is currently listed for $4,375,000 and was received on December 01, 2025. Want to learn more about 500 Alton Rd #1601? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

