500 Alton Rd # 4401, Miami Beach FL 33139 | Miami-Dade County | A11830772
- $10,875,000
- Condominium
- 4
- 4.5
- 3
- 3186 Sq Ft
- $10,875,000
Description
An ultra-exclusive corner residence at Five Park with 3,200 SF interior + 1,100 SF wraparound terrace. Breathtaking 180° views of the ocean, Miami skyline, South of Fifth & Fisher Island. High-floor unit just below the penthouses with 11’+ ceilings and floor-to-ceiling windows. Upgrades include Apple Smart Home system, custom closets, electric blinds, and renovated primary bath. Currently being reconfigured from 4 beds to 3, with a fully redesigned and expanded kitchen that enhances flow and opens up even more skyline views. Renderings attached. As part of the exclusive Canopy Collection residents enjoy access to private 26th-floor Canopy Club, 2 pools, gym, spa, beach club, restaurant & more—steps from South of Fifth in Miami Beach’s newest iconic tower.
Property Overview
This is a 4-bedroom, 4.5-bath condominium of about 3186 square feet at 500 Alton Rd # 4401, Miami Beach FL 33139 (Miami Beach 33139), listed at $10,875,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $8,526.
As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $217,500/yr (≈ $18,125/mo); with the homestead exemption on a primary residence, about $216,500/yr (≈ $18,042/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 for 500 Alton Rd # 4401 is $10,875,000. This home is sold unfurnished, though fixtures and built-in appliances generally convey with the sale.
Separate from the residence, the community provides access to a bar, bike storage, business center, cabana, child play area, clubhouse-clubroom, elevators, exercise room, heated pool, library, pool, sauna, spa/hot tub, and trash chute. Contact Christopher Lazaro, Miami Beach Real Estate Broker, to verify these details.
Where exactly is it, and what should I know about the location?
500 Alton Rd # 4401 is located in the coastal corridor of Miami Beach, FL 33139. This $10,875,000 residence features 4 bedrooms and 4.5 bathrooms across approximately 3186 sqft.
Contact Christopher Lazaro, Miami Beach Real Estate Broker, to verify these details.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee for 500 Alton Rd # 4401 is $8,526. This fee covers all amenities, building exterior, cable tv, common area, elevator, internet/wifi, manager, and outside maintenance.
The community is subject to city ordinances found at https://library.municode.com/fl/miami-beach/codes/code_of_ordinances. Contact Christopher Lazaro, Miami Beach Real Estate Broker, to verify these details.
What are the property taxes and homestead implications?
As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $217,500/yr (≈ $18,125/mo); with the homestead exemption on a primary residence, about $216,500/yr (≈ $18,042/mo). Florida's homestead exemption lowers taxable value only for a primary residence.
Confirm with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Miami Beach Real Estate Broker, to verify these details.
Is the home in a flood zone, and what does that mean?
Flood zones categorize areas by their risk of flooding, as explained in these FEMA definitions. You can View the FEMA flood map for this address to see the specific designation for 500 Alton Rd # 4401.
Lenders often require flood insurance in high-risk zones. Contact Christopher Lazaro, Miami Beach Real Estate Broker, to verify the current status.
Are pets allowed?
Pets are allowed, with restrictions (or possible restrictions). We will pull the association's exact current pet rules for this unit on request. Separate federal accommodation rules can apply if a documented service animal or ESA is involved.
Contact Christopher Lazaro, Miami Beach Real Estate Broker, to verify these details.
How is the price set and is there room to negotiate?
Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026). The $10,875,000 price for 500 Alton Rd # 4401 is derived from a CMA analyzing the building and vicinity.
I will provide a Miami Beach-specific CMA to ensure your offer is precise. Contact Christopher Lazaro, Miami Beach Real Estate Broker, to verify these details.
What financing step do you recommend before touring?
Secure a pre-approval from a licensed Florida mortgage professional before touring 500 Alton Rd # 4401. This step ensures your financial capacity aligns with the $10,875,000 listing price.
Contact Christopher Lazaro, Miami Beach Real Estate Broker, to verify these details.
Monthly Fees & Carrying Costs
| Association Fee | $8,526 / month |
| Total Monthly Fees | $8,526 / 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
Open on Google Maps-
Address: Alton Rd
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City: Miami Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33139
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Area: FIVE PARK CONDO, FIVE PARK, FIVE PARK CONDO,FIVE PARK
Details
Updated on June 25, 2026 at 6:42 am-
Property ID A11830772
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Price $10,875,000
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Property Size 3186 Sq Ft
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Bedrooms 4
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Room 0
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Bathrooms 4.5
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Garages 3
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Year Built 2024
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Wood
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Bedroom Features Entry Level, Primary Bath Shower, Primary Bath Tub
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Cooling Central Air
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Association Type Condo
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Building FIVE PARK MIAMI BEACH
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Association Fee Frequency Monthly
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Area Five Park Condo
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Annual Tax 0
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Association Yes
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Elementary School South Pointe
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 4
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Subdivision FIVE PARK CONDO,FIVE PARK
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Total Stories 48
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Restrictions Ok To Lease
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Maintenance Includes All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Internet/WiFi, Manager, Outside Maintenance
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Parking 2 Or More Spaces, Assigned, Covered
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Heating Central, Electric
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2024
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Construction CBS Construction
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Covered Spaces 3
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Middle School Nautilus
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Unit Floor 44
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View Bay, Ocean View, Skyline
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Year Built Details New Construction
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High School Miami Beach
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Pets Allowed Yes
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Attached Yes
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Unit Number 4401
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Half Bathrooms 1
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Patio / Porch Open Balcony
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New Construction Yes
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Garage Spaces 3
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Style Condo 5+ Stories
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Association Fee 8526
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
Features
- Built-in Features
- Dishwasher
- Dryer
- East Of Us1
- Electric Range
- Entrance Foyer
- Family Room
- Garage Attached
- Has a View
- Has Cooling System
- Has Garage
- Has Heating System
- Home Owners Association
- Ice Maker
- Microwave
- New Construction
- Open Balcony
- Other
- Other Equipment/Appliances
- Property Attached
- Refrigerator
- Utility Room/Laundry
- Walk-In Closet(s)
- Wall Oven
- Washer
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Monthly HOA Fees
