500 Alton Rd 1602, Miami Beach, FL 33139 — MLS photo

Get More Info About This Property

500 Alton Rd 1602, Miami Beach, FL 33139

Active · Condominium

$2,495,000

500 Alton Rd 1602, Miami Beach, FL 33139

Beds
2
Baths
3
Living area
1,201 sq ft
$ / sq ft
$2,077/sq ft
Year built
2025
Lot size
—
HOA fee
$3,150
Annual tax
—

About this property

Discover this beautifully appointed 2-bedroom, 2 full bath + powder room residence at Five Park Miami Beach, the iconic new luxury tower redefining the skyline as the gateway to Miami Beach. Residence 1602 offers an expansive layout with 1,357 SQFT of interior living space and a remarkable 279 SQFT private terrace, providing panoramic views of Miami Beach and the Atlantic Ocean. The residence is thoughtfully decorated by a renowned interior designer, featuring custom lighting, elegant wallpapers, and a stunning custom dining table, complementing the impeccable design and top-tier finishes throughout. These include Italian oak cabinetry, quartzite countertops, high-end appliances, and soaring 10-foot ceilings that create an open, airy atmosphere. This exceptional residence boasts floor-to-ceiling windows, a flowing open-concept living and dining area, and a total of 1,636 SQFT of combined indoor and outdoor space.

Property location

Get Directions

500 Alton Rd 1602, Miami Beach, FL 33139

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,201 sq ft

Exterior & Structure

Property type
Condominium
Year built
2025

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$3,150
County
Miami-Dade
MLS listing ID
A11934301
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

-$12,263

Cap rate
-0.2%
Net yield
-0.2%
Cash-on-cash return
-21.1%
Gross yield
4.3%
Mortgage payment
$11,828/mo
Down payment
$623,750
Loan amount
$1,871,250
Annual NOI
-$5,222

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