500 Alton Rd, Miami Beach, FL 33139

For Sale $4,000,000
For Sale
48
500 Alton Rd, Miami Beach, FL 33139|3 BEDS | 3 BATHS |$4,000,000
Listing photo fullscreen

Description

PRICED BELOW DEVELOPER — A rare and time-sensitive opportunity. One of just 98 residences in Miami Beach's tallest tower, Residence 1601 is now offered at $4,000,000 — Below the original pre-construction purchase price — with over $350,000 in bespoke upgrades absorbed and a full year of professional design work built in. Custom millwork, Italian closet systems, tailored wall treatments, refined cove lighting, a fully integrated Control4 automation system, and floor-to-ceiling sheer drapery — every detail completed, move-in ready. The corner layout captures simultaneous Atlantic Ocean, Biscayne Bay, and Miami skyline views with wraparound terraces approaching 1,000 square feet — SUNRISES over open water, SUNSETS over the city. Five Park ownership includes a PRIVATE BEACH CLUB, resort pool deck, spa, fitness center, house cars, and butler-level service — all within walking distance of South Pointe Park, the marina, and South of Fifth's finest dining. The Fifth Street Pedestrian Bridge by world-renowned artist Daniel Buren arrives 2026, redefining walkability here. The best-valued turnkey residence in the building. SELLER IS SERIOUS, MOTIVATED AND READY TO MAKE A DEAL - this is the opportunity SERIOUS BUYERS have been waiting for.

Five Park | Floor Plans

  • Days On Market:
    129
    Listed:
    Dec 2, 2025
  • Size:
    2178 ft2 (202m2)
    Rooms:
    3
  • Bathrooms:
    3
    Baths Half:
    1
  • Terms:
    All Cash, Conventional
    Property Facing:
    East
  • Last Modification:
    1 day ago
    Price Change:
    -5.88%

Property Taxes and Assessment

  • Annual Tax
    $54,652
  • Tax Year
    2025
  • Maintenance Fee
    N/A
  • Association Fee
    $5,298
  • Terms
    All Cash, Conventional

Property Features

Facts and features
Views
  • Bay
    Ocean View
  • Interior Features
  • Closet Cabinetry
    Custom Mirrors
    Elevator
    Entrance Foyer
    Volume Ceilings
    Walk-In Closet(s)
  • Exterior Features
  • Open Balcony
  • Appliances
  • Dishwasher
    Disposal
    Dryer
    Electric Water Heater
    Electric Range
    Refrigerator
    Self Cleaning Oven
    Wall Oven
    Washer
  • Parking
  • 2 Or More Spaces
    Guest
  • Other Facts
    Heating
  • Central
    Electric
  • Cooling
  • Central Air
    Electric
  • Window Features
  • Blinds
    Other Windows
    Sliding
  • Door Features
  • High Impact Doors
  • Amenities
    Patio And Porch Features
  • Open Balcony
  • Association Amenities
  • Bar
    Clubhouse-Clubroom
    Community Room
    Exercise Room
    Other Membership Available
    Pool
    Spa/Hot Tub
  • Architectural Style
  • Corner Unit
  • Construction Materials
  • Concrete Block Construction
    CBS Construction
  • Structure Type
  • Condo 5+ Stories
    Condo
  • Schools
    Elementary School
  • South Pointe
  • Middle Or Junior School
  • Nautilus
  • High School
  • Miami Beach
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    Sophia K. Albrecht

    Sophia K. Albrecht

    Lic. Real Estate Broker