500 Alton Rd 802, Miami Beach, FL 33139 — MLS photo

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500 Alton Rd 802, Miami Beach, FL 33139

Active · Condominium

$2,200,000

500 Alton Rd 802, Miami Beach, FL 33139

Beds
1
Baths
2
Living area
1,110 sq ft
$ / sq ft
$1,982/sq ft
Year built
2025
Lot size
—
HOA fee
$2,952 Monthly
Annual tax
$24,763

About this property

Experience elevated waterfront living at Five Park Miami Beach, South of Fifth’s newest luxury landmark. This rare 1BR + Den / 1.5BA residence offers 1,110 SF plus terrace and is one of only four lines in the building featuring a unique 2-bedroom-style layout with direct bay-facing sunset views overlooking the resort-style pool deck. Floor-to-ceiling glass fills the home with natural light, while the chef’s kitchen features premium Gaggenau appliances and elegant quartzite countertops. Residents enjoy world-class amenities including private beach club access, two pools and hot tub, spa, state-of-the-art fitness center, in-residence dining, butler service, two house cars, and direct access to the lush 3-acre Canopy Park. Exceptional opportunity to own in one of Miami Beach’s most sought-after new developments.

Property location

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500 Alton Rd 802, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,110 sq ft
Flooring
Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Built In Features, Closet Cabinetry, Other, Bar

Exterior & Structure

Property type
Condominium
Year built
2025
Stories
43
Architectural style
High Rise
Construction
Block
Exterior features
Security High Impact Doors
Pool
Association, Heated
Waterfront
Bayfront
View
Bay

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Detached, One Space

HOA, Community & Financials

Association fee
$2,952 Monthly
Fee inclusions
Amenities
Amenities
Beach Rights, Billiard Room, Bike Storage, Business Center, Cabana, Clubhouse, Fitness Center, Library, Playground, Pool, Sauna, Spa Hot Tub
Security
Door Man, Elevator Secured, Key Card Entry, Lobby Secured, Smoke Detectors
Pets allowed
No, Yes
Annual tax
$24,763
Subdivision
PARK RESIDENCES CONDO
County
Miami-Dade
Days on market
0
MLS listing ID
A12022370
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

-$9,485

Cap rate
0.5%
Net yield
0.5%
Cash-on-cash return
-18.5%
Gross yield
4.4%
Mortgage payment
$10,429/mo
Down payment
$550,000
Loan amount
$1,650,000
Annual NOI
$11,331

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