Cays Realty
500 alton rd 3604, Miami Beach, FL 33139 — MLS photo

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500 alton rd 3604, Miami Beach, FL 33139

Active · Condominium

$3,250,000

500 alton rd 3604, Miami Beach, FL 33139

Beds
2
Baths
3
Living area
1,434 sq ft
$ / sq ft
$2,266/sq ft
Year built
2025
Lot size
—
HOA fee
$3,226 Monthly
Annual tax
$0

About this property

Just listed! Stunning high-floor residence at 5 Park Residences on the 36th floor with a private foyer and breathtaking ocean, beach, and park views. Steps from Miami Beach’s top dining, shopping, and nightlife, with a private walking bridge connecting you directly to South of Fifth. Enjoy resort-style amenities including a pool, spa, state-of-the-art gym, residents’ lounge, 24/7 concierge, and direct park access. Walk everywhere. Easy to show—please call with 24-hour notice.

Property location

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500 alton rd 3604, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,434 sq ft
Flooring
Porcelain Tile
Appliances
Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Bedroom On Main Level, Dual Sinks, Main Living Area Entry Level, Split Bedrooms, Shower Only, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
2025
Stories
55
Architectural style
High Rise
Construction
Block
Exterior features
Security High Impact Doors
Pool
Association
Waterfront
Ocean Front
View
Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$3,226 Monthly
Fee inclusions
Amenities, Hot Water, Insurance, Parking, Pools, Recreation Facilities, Security, Trash, Water
Amenities
Business Center, Clubhouse, Fitness Center, Pool, Spa Hot Tub, Elevators
Security
Door Man, Elevator Secured, Fire Alarm, Lobby Secured, Security Guard, Fire Sprinkler System, Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$0
Subdivision
Five Park
County
Miami-Dade
Days on market
440
MLS listing ID
A11853899
Listing status
Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$10,161

Cap rate
1.9%
Net yield
1.9%
Cash-on-cash return
-13.4%
Gross yield
4.3%
Mortgage payment
$15,407/mo
Down payment
$812,500
Loan amount
$2,437,500
Annual NOI
$62,943

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.