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$3,999,999 Just Listed
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Property Description
Where Central Park and South Beach collide. Welcome to Residence 1601. This thoughtfully designed home offers sweeping 180-degree views of the ocean, South of Fifth, and the bay and downtown skyline, all framed by floor-to-ceiling windows that fill the space with natural light. Spanning 2,187 SF of interior living space with an additional 900 SF wraparound terrace, the residence features curated upgrades including a Control4 smart home system and integrated sound throughout. Located within Five Park, South Beach's newest luxury tower, residents enjoy an unmatched amenity package including a private beach club with house car transportation, resort-style pools, on-site restaurant, spa and sauna, state-of-the-art fitness center, two cinema rooms, world-class co-working lounge, children's clubhouses, a two-acre park, and 24/7 concierge and doorman services. Perfectly positioned in South Beach, Five Park also offers the convenience of accessibility, just seconds from some of Miami's top dining and lifestyle destinations.
Full Property Details
Full Property Details for 500 Alton Rd #1601
General
- Price: $3,999,999
- HOA FEE: $5,298/month
- Taxes: $54,652 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12014864
- Updated: 5/8/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Built-in Features, Closet Cabinetry, Cooking Island, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Washer, Water Softener Owned
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Primary Bathroom: Dual Sinks, Separate Tub & Shower
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Primary Bath Shower, Primary Bath Tub
Other Rooms
- Eat-in kitchen: Yes
- Dining Room: Eat-In Kitchen, Formal Dining
Additional Information
- Shared Amenities: Bar, Bike Storage, Clubhouse-Clubroom, Exercise Room, Storage, Heated Pool, Library, Other, Pool, Sauna, Spa/Hot Tub
- Maint. Includes: All Amenities, Common Area, Internet/WiFi, Parking, Water
- Security/Safety: Doorman, Elevator Secure, Guard At Site, Lobby Secured
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
Community
- Community Name: Five Park
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Windows: Complete Impact Glass, Blinds
- Doors: High Impact Doors
- Entry Floor Number: 16
- Building Size: 3086
- Square Feet: 2,178
- Living Area: 2,178 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: Bay, Ocean View, Other View
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,836.55
- 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: Okay To Lease 1st Year
- Property ID: 02-42-04-015-0090
Listed by Douglas Elliman
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Price & Sales History for 500 Alton Rd #1601
Date
Details
Price
Change
Source
5/08/2026
Listed
$3,999,999
—
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# A12014864) is a Condo property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 500 Alton Rd #1601 is currently listed for $3,999,999 and was received on May 08, 2026. 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.

