500 Alton Rd # 2105, Miami Beach FL 33139 | Miami-Dade County | A11945265
  • $5,700,000

Description

Just bring your toothbrush! Fully furnished, turnkey 3 bedroom, 3.5 bath residence at Five Park offers a rare combination layout with a spectacular 1,000 square foot terrace and breathtaking 180 degree views of Biscayne Bay and the Atlantic Ocean. An open chef’s kitchen, and expansive living spaces. The primary suite is complemented by one of the most impressive walk-in closets, designed for elevated everyday living. Located in the heart of South Beach, the building is within walking distance of top restaurants, Whole Foods, the marina, and shopping on Lincoln Road. Enjoy world class amenities including a spa and wellness center, state of the art fitness facility, co-working spaces, concierge and valet services, screening room, café, and exclusive access to a residents only beach club in South of Fifth. Experience elevated luxury living at Five Park, South of Fifth’s newest architectural landmark.

Property Overview

This is a 3-bedroom, 3.5-bath condominium of about 2512 square feet at 500 Alton Rd # 2105, Miami Beach FL 33139 (Miami Beach 33139), listed at $5,700,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $5,750.

The tax of record is $73,702 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $114,000/yr (≈ $9,500/mo); with the homestead exemption on a primary residence, about $113,000/yr (≈ $9,417/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price is $5,700,000. The unit is sold fully furnished as per the MLS. All fixtures and built-in appliances will convey with the property.

Residents have access to shared HOA amenities, including a business center, cabana, clubhouse, elevators, exercise room, heated pool, sauna, and spa. For a precise verification of what is included and a review of the community rules, you should contact Christopher Lazaro, Miami Beach Real Estate Expert.

Where exactly is it, and what should I know about the location?

The property is located at 500 Alton Road, Unit 2105, in Miami Beach, Florida, 33139. This places it on the city's coastal corridor, directly fronting Biscayne Bay.

For a detailed discussion of the immediate neighborhood and its amenities, contact Christopher Lazaro, Miami Beach Real Estate Expert, to verify specifics and schedule a viewing.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee for this residence is $5,750. This fee covers building-wide Internet/WiFi, 24-hour security, sewer, and trash removal. The community is also subject to all applicable Miami Beach city ordinances, which can affect property use.

For a complete review of the association's financials and governing documents, contact Christopher Lazaro, Miami Beach Real Estate Expert.

What are the property taxes and homestead implications?

The tax of record is $73,702 (2025). As an estimate only—Florida reassesses upon sale—the annual property tax at the list price of $5,700,000 is approximately $114,000, or about $9,500 monthly, without a homestead exemption. Florida's homestead exemption, which applies only to a primary residence, lowers the taxable value; with it, the estimated tax would be about $113,000 annually, or roughly $9,417 per month.

These are estimates, not quotes. To verify these projections and discuss the specific financial implications for your situation, contact Christopher Lazaro, Miami Beach Real Estate Expert.

Is the home in a flood zone, and what does that mean?

This property is located in a FEMA-designated flood zone. Flood zones categorize an area's risk of flooding, with high-risk zones often requiring lenders to mandate flood insurance for a mortgage.

You can review the specific definitions for each zone and view the FEMA flood map for this address. For a precise assessment of how this affects the property and your transaction, you should confirm details with Christopher Lazaro, Miami Beach Real Estate Expert.

Are pets allowed?

Pets are allowed, with restrictions (or possible restrictions). We will pull the exact current pet rules from the condominium association for this unit upon request.

If you have a documented service or support animal, separate federal accommodation rules apply. For verification of the specific policy for 500 Alton Rd #2105, contact Christopher Lazaro, Miami Beach Real Estate Expert.

How is the price set and is there room to negotiate?

The price is based on a Comparative Market Analysis of recent sales in the building and vicinity. In the broader market, Miami-Dade condos have recently been closing at 94% of list, averaging about 64 days on market. This establishes a realistic negotiation baseline.

Before you decide on an offer strategy, I can provide a specific CMA for Miami Beach condos. To review that data and verify the current position of 500 Alton Rd, contact Christopher Lazaro, Miami Beach Real Estate Expert.

What financing step do you recommend before touring?

I strongly recommend securing a pre-approval before touring. This involves speaking with a Florida-licensed mortgage loan officer, which you can do via Get-PreApproved.com. It clarifies your position for a property listed at $5,700,000. For a formal verification and to discuss this step in the context of 500 Alton Rd, contact Christopher Lazaro, Miami Beach Real Estate Expert.

Monthly Fees & Carrying Costs

Association Fee $5,750 / month
Total Monthly Fees $5,750 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami Beach listing?

Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.

  • Address: Alton Rd
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33139
  • Area: Five Park

Details

Updated on July 2, 2026 at 7:44 pm
  • Property ID A11945265
  • Price $5,700,000
  • Property Size 2512 Sq Ft
  • Bedrooms 3
  • Room 0
  • Bathrooms 3.5
  • Garages 2
  • Year Built 2025
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Bedroom Features Other
  • Cooling Central Air
  • Association Type Condo
  • Building FIVE PARK
  • Association Fee Frequency Monthly
  • Area Five Park
  • Annual Tax 73702
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 3
  • Subdivision FIVE PARK
  • Total Stories 48
  • Restrictions Ok To Lease
  • Maintenance Includes Internet/WiFi, Security, Sewer, Trash Removal
  • Amenities Business Center, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Other, Sauna, Spa/Hot Tub
  • Parking 2 Or More Spaces, Assigned
  • Heating Central
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 3516
  • Covered Spaces 2
  • Unit Floor 21
  • Frontage Bay
  • View Intracoastal View, Ocean View
  • Year Built Details New Construction
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 2105
  • Inclusions None
  • Half Bathrooms 1
  • Patio / Porch Open Balcony
  • New Construction Yes
  • Garage Spaces 2
  • Style Condo 5+ Stories
  • Association Fee 5750
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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