500 Alton 3402.03, Miami Beach, FL 33139 — MLS photo

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500 Alton 3402.03, Miami Beach, FL 33139

Active · Condominium

$14,900,000

500 Alton 3402.03, Miami Beach, FL 33139

Beds
4
Baths
5
Living area
5,441 sq ft
$ / sq ft
$2,738/sq ft
Year built
2025
Lot size
—
HOA fee
$14,040 Monthly
Annual tax
$0

About this property

Brand-new developer COMBO UNIT — truly one-of-a-kind — featuring 4 bedrooms + media room at the Canopy Residences in Five Park Miami Beach, professionally staged by Artefacto. Enjoy resort-style living with 50,000+ sq ft of amenities including the exclusive Canopy Club with owners lounge, a 6th-floor terrace with adult and family pools, cabanas, sunset lounge and restaurant. Residents also have access to a private Beach Club in South of Fifth with umbrella and towel service, plus the 3-acre Canopy Park. Additional amenities include a fully equipped gym and yoga studio, spa with treatment rooms and sauna, business lounge/co-working spaces, screening room, children’s learning lab and teen club. Services feature 24-hr concierge and butler, valet, bike storage, EV Moke shuttle to the beach, and high-speed fiber-optic internet.

Property location

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500 Alton 3402.03, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
4
Bathrooms
5
Living area
5,441 sq ft
Flooring
Hardwood, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Electric
Heating
Electric
Interior features
Entrance Foyer, Pantry, Walk In Closets, Bar

Exterior & Structure

Property type
Condominium
Year built
2025
Stories
48
Architectural style
High Rise
Construction
Block
Exterior features
Security High Impact Doors
Pool
Association
Waterfront
Bayfront
View
Ocean

Parking

Garage spaces
2
Covered spaces
2
Parking features
Two Or More Spaces

HOA, Community & Financials

Association fee
$14,040 Monthly
Fee inclusions
Amenities
Amenities
Bike Storage, Cabana, Fitness Center, Other, Pool, Sauna, Spa Hot Tub
Security
Door Man, Elevator Secured, Fire Alarm, Secured Garage Parking, Lobby Secured, Security Guard, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$0
Subdivision
Five Park Miami Beach
County
Miami-Dade
Days on market
279
MLS listing ID
A11918764
Listing status
Active

Investment intelligence

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

-$47,673

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-13.7%
Gross yield
4.1%
Mortgage payment
$70,634/mo
Down payment
$3,725,000
Loan amount
$11,175,000
Annual NOI
$275,525

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