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$12,950,000
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Property Description
Experience unparalleled luxury at Five Park, the latest architectural gem in the coveted South of Fifth neighborhood by Arquitectonica. This exclusive combo unit offers the opportunity to own a brand-new corner residence that has never been lived in before. It features 4 bedrooms, 4 bathrooms, 2 powder rooms, 2 offices, and a wraparound private terrace with 5,155 sq. ft. of sophisticated living space. The custom-designed kitchen boasts Italian oak cabinetry, sleek marble countertops, and top-of-the-line Gaggenau appliances. Enjoy world-class amenities, including exclusive beach club access, a Canopy Park, a Fitness Center, a Wellness Spa, Rooftop Pools, and an on-site Restaurant. Situated in the heart of South Beach, with easy access to fine dining, pristine beaches, and Downtown Miami.
Full Property Details
Full Property Details for 501 West Ave #4201/05
General
- Sold For: $12,950,000
- HOA FEE: $13,463/month
- Taxes: (2024)
- Status: Closed
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11772496
- Added to Site: 362 day(s) ago
Interior
- Interior Features: Entrance Foyer, Other, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 4
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: Entry Level
Other Rooms
- Dining Room: Dining/Living Room
Additional Information
- Shared Amenities: Bar, Bike/Jog Path, Business Center, Cabana, Child Play Area, Clubhouse-Clubroom, Elevator(s), Exercise Room, Other, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub, Trash Chute
- Maint. Includes: All Amenities, Building Exterior, Common Area, Other Maintenance Includes, Pool Service, Reserve Fund, Security, Sewer, Trash Removal
- Security/Safety: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Secured Garage/Parking, Lobby Secured
- Equipment: Elevator
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony, Wrap Around
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: 2 Or More Spaces, Assigned, Valet
Location
- Area: Five Park
- County: Miami-Dade County
- Subdivision: Five Park
- Building Name: Five Park Miami Beach
Community
- Community Name: Five Park
- Association: Yes
- Units Assoc/Comm: 226
- 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
- Model: Canopy 01 Line
- Construction: CBS Construction
- Windows: Clear Impact Glass
- Doors: High Impact Doors
- Entry Floor Number: 42
- Entry Location: Foyer
- Square Feet: 6,777
- Living Area: 6,777 Sq. Ft.
- Year Built: 2024
- Property Condition: New Construction
Unit Information
- Units in Complex: 226
Lot Features
- Property View: Bay, Ocean View, Water View
- Frontage: Bay
- Potential Use: Unknown/Withheld
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,910.88
- Association Fee: $13,463
- Assoc Fee Freq.: Monthly
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: Five Park Unit 4210 & 4205
- Restrictions: Ok To Lease
- Inclusions: Other
- Property ID: 02-42-03-420-4201
Listed by Compass Florida, LLC
Sold by Compass Florida, LLC
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Schools
Schools serving 501 West Ave #4201/05
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 0.2 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.8 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 West Ave #4201/05
Date
Details
Price
Change
Source
3/13/2026
Sold
$12,950,000
-7.5%
MLS
6/05/2025
Price Reduced
$14,000,000
-6.67%
MLS
3/28/2025
Listed
$15,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
501 West Ave #4201/05, Miami Beach, FL 33139 (MLS# A11772496) is a Condo property that was sold at $12,950,000 on March 13, 2026. Want to learn more about 501 West Ave #4201/05? 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.

