Condo in 501 West Ave 4201/05 Miami Beach with MLS# A11772496
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.
501 West Ave 4201/05, Miami Beach, FL 33139
Price
- Price:
- $14,000,000.00
- Previous Asking Price:
- $15,000,000.00
- Original List Price:
- $15,000,000.00
- Close Price:
- $12,950,000.00
- Transaction closed on:
- March 13, 2026
- More Listings Same Building:
- Five Park in 501 West Ave Miami Beach
Property Status and Type
- Listing Type:
- Sold
- Status:
- Closed
- Contingency:
- No Contingencies
- Special Sale Conditions:
- Listed As Is
- Listing Category:
- Residential
- Property Type:
- Condominium
- MLS Number:
- A11772496
- Description of Last Important Update:
- Closed
- Last Major Update on:
- March 17, 2026 1:18 pm
Rooms Distribution
- Bedrooms:
- 4
- Bathrooms Total:
- 6
- Full Bath:
- 4
- Half Bath:
- 2
Measures
- Living Area:
- 6,777 Sqft
- Lot Size Unit:
- Square Feet
Property Features
- View from the Property:
- Ocean, Water, Bay
- Waterfront:
- Yes
- Waterfront Features:
- Bay Front
- Swimming Pool Features:
- Association
- Security:
- Smoke Detector(s), Door Man, Elevator Secured, Lobby Secured, Secured Garage/Parking, Door Man
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Built In Oven
- Interior:
- Walk-In Closet(s), Bedroom On Main Level, Entrance Foyer, Bar, Elevator, Main Living Area Entry Level, Living Dining Room
- Exterior:
- Balcony, Porch, Security High Impact Doors
- Patio and Porch:
- Balcony, Open, Wrap Around
- Windows:
- Impact Glass, Impact glass, Impact Glass
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Water Access Description:
- Other
- Storm Protection:
- Impact Glass
Construction
- Year Built:
- 2024
- Year Built Details:
- New Construction
- Builder Model:
- Canopy 01 Line
- Architectural Style:
- High Rise, High Rise
- Entry Level (floor):
- 42
- Entry Level Location:
- 42
- Construction Materials:
- Block
- Flooring:
- Tile
- Number of stories:
- 48
- Number of Units in the Community or Building:
- 226
Taxes and Expenses
- Tax Annual Amount:
- $0.00
- Tax Year:
- 2024
- Association Fee:
- $13,463.00
- Association Fee Frequency:
- Monthly
- Property Tax Status:
- New Construction
Parking
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Attached Garage
- Parking Features:
- Garage, Two Or More Spaces, Attached, Assigned, Valet
Community
- Pets Allowed?:
- Yes, Conditional
- Amenities Provided by the Homeowner's Association (HOA):
- Business Center, Pool, Sauna, Spa/hot Tub, Cabana, Trash, Clubhouse, Other, Playground, Elevator(s), Fitness Center, Trail(s), Beach Rights
- Subdivision Name:
- Five Park
- Association Fee Includes:
- Sewer, Trash, Security, Maintenance Structure, Common Areas, Other, Reserve Fund, Amenities, Pools
- Complex Name:
- Five Park Miami Beach
- Senior Community:
- No
- Restrictions:
- Okay to Lease
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Vacant
- Buyer Possession:
- Closing And Funding
- Lease Considered:
- No
Zoning and Legal
- Tax Legal Description:
- Five Park Unit 4210 & 4205
- Real Estate Folio Number (Parcel Number):
- 02-42-03-420-4201
Listing History
- Originally published on:
- March 28, 2025 10:04 am
- Active on the market since:
- March 28, 2025
- Listing Agreement executed on:
- March 28, 2025
- Price change occurred on:
- June 5, 2025 1:23 pm
- Listing Status Last Changed On:
- March 17, 2026 1:18 pm
- Photos updated on:
- June 18, 2025 10:53 pm
- Last Modified:
- March 17, 2026 5:19 pm
Additional Information
- Unit View:
- Bay, Ocean View, Water View
- Housing Older Persons Act:
- No HOPA
- Unit Design:
- High-Rise
- Type of Association:
- Condo
- Minimum Number of Days per Lease:
- 180
- Type of Governing Bodies of the Association:
- Condominium
- Pet Fee:
- $0.00
- Number of Times Leased per Year:
- 2
- Application Fee:
- $150.00
- Style:
- Condo 5+ Stories
- Municipal Code:
- 2
- Buyer Countryof Residence:
- Unknown/Withheld
- Courtesy of:
- Compass Florida, LLC
- Attribution:
- Not provided
Location
- Street Name:
- West Ave
- Street Number:
- 501
- Unit Number:
- 4201/05
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 46' 28.4''
- Longitude:
- W81° 51' 31''
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$63,368
Median Home Value
$480,500
Median Rent
$1,745/mo
Median Age
42
Population
34,406
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
50
Good
☀️ O3
50
Good
🫁 PM2.5
50
Good
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