500 Alton Rd, Miami Beach, FL 33139
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:129Listed:Dec 2, 2025
- Size:2178 ft2 (202m2)Rooms:3
- Bathrooms:3Baths Half:1
- Terms:All Cash, ConventionalProperty Facing:East
- Last Modification:1 day agoPrice Change:-5.88%
Property Taxes and Assessment
- Annual Tax$54,652
- Tax Year2025
- Maintenance FeeN/A
- Association Fee$5,298
- TermsAll 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 |
Ask the experts
Tell Us More About Your Search
Get custom listing picks, neighborhood insights, and pricing context tailored to your criteria.
