Condo in 501 W Ave 3405 3405, Miami Beach, FL 33139 with MLS# A11931048

Experience elevated living at Five Park, South Beach's iconic new 48-story luxury tower by Arquitectonica with interiors by Gabellini Sheppard. This beautifully upgraded 3-bedroom, 3.5-bath residence is located on the 34th floor within the exclusive Canopy Residences (floors 27-48), offering private elevator access and entry to the residents-only Canopy Club.Residence 3405 features dramatic floor-to-ceiling windows with sweeping panoramic views of the ocean, bay, and Miami skyline. Thoughtfully curated custom upgrades include 7-inch wide-plank oak flooring, designer lighting and window treatments, fully built-out closets, bespoke hardware and fixtures throughout, and a reimagined powder room that elevates both form and function.Five Park residents enjoy over 50,000 square feet of world-class amenities, including exclusive Canopy Club privileges, off-site beach club access, a house car, an on-site signature restaurant, and two dedicated parking spaces-delivering a seamless blend of luxury, lifestyle, and convenience in the heart of South Beach.

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Days on the market

501 W Ave 3405 3405, Miami Beach, FL 33139

Price
Price:
$4,500,000.00
Original List Price:
$4,500,000.00
Close Price:
$4,150,000.00
Transaction closed on:
June 2, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
June 2, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
4
Full Bath:
3
Half Bath:
1
Master Bedroom Bath:
Bedroom On Entry Level
Measures
Living Area:
1,969 Sqft
Built-Up Area:
2,508 Sqft
Property Features
View from the Property:
Ocean
Waterfront:
No
Security:
Security System, Secured Garage/Parking, Lobby - Attended, Elevator Secure
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Other, Electric Range, Oven
Interior:
Walk-In Closet(s), Closet Cabinetry, Kitchen Island, Built-in Features, Elevator
Exterior:
Balcony
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Other Equipment:
Other
Unit Description:
High Rise
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Partial
Construction
Year Built:
2025
Levels:
Two
Construction Materials:
Block
Flooring:
Wood
Number of stories:
48
Road Frontage Type:
West Of Us-1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$56,317.00
Tax Year:
2024
Association Fee:
$4,870.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
2
Covered Spaces:
2
Parking Features:
Valet
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
3-4 Weeks Approval, 1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Pool, Sauna, Spa/hot Tub, Community Room, Bike Storage, Playground, Maintenance, Fitness Center
Subdivision Name:
FIVE PARK CONDO
Association Fee Includes:
Security
Senior Community:
No
Restrictions:
Other Restrictions
Minimum Days per Lease:
180
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
FIVE PARK CONDO UNIT 3405 UNDIV 0.7113% INT IN COMMON ELEMENTS OFF REC 34492-3683
Real Estate Folio Number (Parcel Number):
0242040160860
Public Schools Assigned
Elementary School:
Benoist Farms
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
December 15, 2025
Listing Agreement executed on:
December 15, 2025
Purchase Contract Date:
April 7, 2026
Listing Status Last Changed On:
June 2, 2026 4:00 am
Photos updated on:
June 3, 2026 1:49 pm
Last Modified:
June 3, 2026 1:49 pm
Additional Information
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Floor Number:
34
Street Name:
Ave 3405
Street Number:
501
Unit Number:
3405
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 30.5''
Longitude:
W81° 51' 31.5''
Street Direction Prefix:
W
Property Map

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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) 35 Good
☀️ O3 24 Good
🫁 PM2.5 35 Good
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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. Properties may be listed or sold by various participants in the MLS.