Condo in 500 Alton Rd 1601 Miami Beach for sale with MLS# A11923113

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.

📅 View days on the market

Days on the market

500 Alton Rd 1601, Miami Beach, FL 33139

Price
Price:
$4,000,000.00
Previous Asking Price:
$4,250,000.00
Original List Price:
$4,600,000.00
More Listings Same Building:
Five Park Condo in 500 Alton Miami Beach
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11923113
Description of Last Important Update:
Price Change
Last Major Update on:
April 2, 2026 12:49 pm
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
4
Full Bath:
3
Half Bath:
1
Measures
Living Area:
2,178 Sqft
Built-Up Area:
3,086 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Ocean, Bay
Waterfront:
No
Swimming Pool Features:
Association
Security:
Smoke Detector(s), Other
Appliances:
Dryer, Dishwasher, Disposal, Refrigerator, Washer, Self Cleaning Oven, Electric Range, Electric Water Heater, Built In Oven
Interior:
Dining Area, High Ceilings, Walk-In Closet(s), Closet Cabinetry, Bedroom On Main Level, Entrance Foyer, Bar, Custom Mirrors, Elevator, Separate Shower, Dual Sinks
Exterior:
Balcony, Security High Impact Doors
Patio and Porch:
Balcony, Open
Windows:
Blinds, Sliding, Other
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Property Entrance Faces:
East
Construction
Year Built:
2025
Year Built Details:
Resale
Entry Level (floor):
16
Entry Level Location:
16
Construction Materials:
Block
Number of stories:
48
Taxes and Expenses
Tax Annual Amount:
$54,652.00
Tax Year:
2025
Association Fee:
$5,298.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects Homestead Exemption
Parking
Garage
Garage Spaces:
2
Covered Spaces:
2
Parking Features:
Two Or More Spaces, Guest
Utilities
Utilities Available:
Cable Available
Community
Pets Allowed?:
Yes, Conditional
Amenities Provided by the Homeowner's Association (HOA):
Pool, Spa/hot Tub, Clubhouse, Other, Fitness Center
Subdivision Name:
Five Park
Association Fee Includes:
Common Areas, Amenities
Complex Name:
Five Park
Senior Community:
No
Restrictions:
Other Restrictions, Okay to Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Vacant
Buyer Possession:
Close Of Escrow, Closing And Funding
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
PARK RESIDENCES CONDO UNIT 1601 UNDIV 1.0971% INT IN COMMON ELEMENTS OFF REC 34492-3455
Real Estate Folio Number (Parcel Number):
02-42-04-015-0090
Public Schools Assigned
Elementary School:
Bear Creek Elementary-pn
High School:
Miami Beach
Middle Or Junior School:
Nautilus
Listing History
Originally published on:
December 2, 2025 7:08 am
Active on the market since:
December 1, 2025
Price change occurred on:
April 2, 2026 12:49 pm
Listing Status Last Changed On:
December 2, 2025 7:08 am
Photos updated on:
April 6, 2026 9:46 pm
Last Modified:
April 9, 2026 11:01 pm
Additional Information
Unit View:
Bay, Ocean View
Housing Older Persons Act:
No HOPA
Unit Design:
Corner Unit
Type of Association:
Homeowners
Minimum Number of Days per Lease:
180
Type of Governing Bodies of the Association:
Homeowner Association
Pet Fee:
$0.00
Number of Times Leased per Year:
2
Application Fee:
$150.00
Rooms Description:
Den/Library/Office, Great Room
Style:
Condo 5+ Stories
Municipal Code:
2
Subdivision Number:
15
Courtesy of:
Compass Florida, LLC
Attribution:
Not provided
Location
Street Name:
Alton Rd
Street Number:
500
Unit Number:
1601
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 29''
Longitude:
W81° 51' 32.3''
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

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Mortgage Calculator

Please note: Monthly HOA / Condo Fees Not Included. The calculator shows the listing price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$
Ver la Propiedad Ver la propiedad 500 Alton Rd 1601
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.