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$21,000,000
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Property Description
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.
Full Property Details
Full Property Details for 501 West Ave #PH4701
General
- Price: $21,000,000
- HOA FEE: $15,120/month
- Taxes: (2023)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11840802
- Updated: 7/22/2025
- Added to Site: 186 day(s) ago
Interior
- Interior Features: First Floor Entry, Closet Cabinetry, Cooking Island, Elevator, Other, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Flooring: Marble, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 6
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: Entry Level
Additional Information
- Shared Amenities: Bar, Bike Storage, Business Center, Cabana, Child Play Area, Elevator(s), Exercise Room, Exterior Lighting, Other, Pool, Sauna
- Maint. Includes: All Amenities
- Security/Safety: Doorman, Elevator Secure, Card Entry, Secured Garage/Parking, Guard At Site, Lobby Secured
- Equipment: Elevator
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Parking Features: 2 Or More Spaces, Additional Spaces Available, Valet
Location
- Area: Five Park Condo
- County: Miami-Dade County
- Subdivision: Five Park Condo
- Building Name: Five Park
Community
- Community Name: Five Park Condo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Structural Information
- Architectural Style: High Rise, Penthouse
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Doors: High Impact Doors
- Entry Floor Number: 47
- Building Size: 7923
- Square Feet: 6,060
- Living Area: 6,060 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: Bay, Ocean View, Skyline
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $3,465.35
- Association Fee: $15,120
- Assoc Fee Freq.: Monthly
- Tax Year: 2023
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: FIVE PARK CONDO UNIT PH1 UNDIV 2.2918% INT IN COMMON ELEMENTS OFF REC 34492-3683
- Restrictions: Ok To Lease
- Property ID: 02-42-04-016-0210
Listed by Douglas Elliman
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Schools
Schools serving 501 West Ave #PH4701
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 West Ave #PH4701
Date
Details
Price
Change
Source
7/15/2025
Listed
$21,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 West Ave #PH4701
501 West Ave #PH4701, Miami Beach, FL 33139 (MLS# A11840802) is a Condo property with 5 bedrooms, 6 full bathrooms and 1 partial bathroom. 501 West Ave #PH4701 is currently listed for $21,000,000 and was received on July 15, 2025. Want to learn more about 501 West Ave #PH4701? Do you have questions about finding other Condo real estate for sale in South Pointe? You can browse all South Pointe real estate or contact a Coldwell Banker agent to request more information.

