500 Alton Rd # 901, Miami Beach FL 33139 | Miami-Dade County | A11965292
  • $3,195,000

Description

Never-lived-in, spacious and bright corner 3 bedroom, 3.5 bathroom residence with 10 ft ceilings at Five Park – the newest luxury residential tower in Miami Beach. 2,178 sq ft of interior space, complemented by 900+ sq ft of wraparound terrace. Beautiful views of South of Fifth and the Bay. Open living space, white oak Italian kitchen with quartzite countertops and Gaggenau appliances, marble primary bathroom. Custom California Closets, and electric window treatments throughout. Five Park is a full service luxury building, offering its residents all amenities including private beach club via house car, 2 pools, gym, spa, on-site restaurant and more. Most sought-after location in Miami due to proximity to restaurants, beach, parks, gyms etc. New building, opened in November 2024.

Property Overview

This is a 3-bedroom, 3.5-bath condominium of about 2178 square feet at 500 Alton Rd # 901, Miami Beach FL 33139 (Miami Beach 33139), listed at $3,195,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $5,287.

The tax of record is $47,293 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $63,900/yr (≈ $5,325/mo); with the homestead exemption on a primary residence, about $62,900/yr (≈ $5,242/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 $3,195,000. This specific residence is being sold unfurnished; the attached fixtures and built-in appliances will convey with the home.

You gain access to the building's shared amenities, which include a pool, private beach pavilion, fitness room, and several lounge areas. For a complete verification of the property's inclusions and a review of the condominium declarations, you should contact Christopher Lazaro directly.

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

The property is located at 500 Alton Road, Unit 901, in Miami Beach, Florida 33139. This places it directly on the coastal corridor, offering immediate access to the bayfront and the Venetian Causeway.

For a detailed discussion of the building's specific amenities, traffic patterns, and the immediate neighborhood characteristics, you should contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify all pertinent details.

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

The monthly HOA fee for this condominium is $5,287. This fee covers the following items as per the association's budget: All Amenities, Building Exterior, Cable TV, Common Area maintenance, Elevator, Hot Water, Insurance, Internet/WiFi, Landscaping, Legal/Accounting, Manager, Parking, Pool Service, Recreation Facilities, Reserve Fund contributions, Security, Sewer, Trash Removal, and Water.

It is important to review the specific association bylaws and budget, as all community regulations are also subject to the City of Miami Beach municipal code. For a complete verification of the fee structure and its inclusions, you should contact Christopher Lazaro, Miami Beach Real Estate Agent.

What are the property taxes and homestead implications?

The tax of record is $47,293 for 2025. As an estimate only—Florida reassesses upon sale—at this list price of $3,195,000 and a Miami-Dade rate near 2.0%, your annual property tax could be approximately $63,900 without a homestead exemption, or about $62,900 if you qualify by making this your primary residence, which lowers the taxable value.

These are estimates, not quotes; you must confirm final figures with the Miami-Dade Property Appraiser and a tax professional. For precise verification, contact Christopher Lazaro, Miami Beach Real Estate Agent.

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

This property is located in a FEMA-designated Special Flood Hazard Area, specifically an AE zone. This is a high-risk zone where lenders will require you to carry a separate flood insurance policy. You can review the official FEMA definitions and View the FEMA flood map for this address for precise details.

To understand the specific insurance requirements and potential costs for this condominium at $3,195,000, contact Christopher Lazaro, Miami Beach Real Estate Agent, for a complete verification.

Are pets allowed?

Pets are allowed, with restrictions (or possible restrictions), per the MLS record. A refundable pet fee applies, and we can provide the association's exact current rules for this unit upon request.

Separate federal accommodation rules apply for documented service or assistance animals. For verification of all policies, contact Christopher Lazaro, Miami Beach Real Estate Agent.

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

The list price is grounded in a current market analysis. Recent data shows Miami-Dade condos closing at approximately 94% of their asking price, averaging 64 days on market. A specific comparative market assessment for Miami Beach condos refines this further.

I recommend a detailed, property-specific CMA for this building and vicinity before you determine an offer strategy. To verify these figures and review the relevant comps, contact Christopher Lazaro, Miami Beach Real Estate Agent.

What financing step do you recommend before touring?

Before touring, secure a pre-approval letter from a Florida-licensed mortgage loan officer. This step clarifies your budget and strengthens your position when you decide to move forward on a property like 500 Alton Rd #901, listed at $3,195,000.

For a direct referral to a qualified MLO, you can visit Get-PreApproved.com. Then, contact me, Christopher Lazaro, Miami Beach Real Estate Agent, to coordinate verified access and discuss the specifics of this condominium.

Monthly Fees & Carrying Costs

Association Fee $5,287 / month
Total Monthly Fees $5,287 / 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 June 8, 2026 at 11:55 am
  • Property ID A11965292
  • Price $3,195,000
  • Property Size 2178 Sq Ft
  • Bedrooms 3
  • Room 0
  • Bathrooms 3.5
  • Garages 2
  • Year Built 2024
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Marble, Tile
  • Bedroom Features Entry Level
  • Cooling Central Air
  • Association Type Condo
  • Building Five Park Miami Beach
  • Association Fee Frequency Monthly
  • Area Five Park
  • Annual Tax 47293
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Full Bathrooms 3
  • Subdivision FIVE PARK
  • Total Stories 48
  • Restrictions Ok To Lease
  • Parking 2 Or More Spaces, Assigned, Covered, Electric Vehicle Charging Station(s)
  • Heating Central, Electric
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Covered Spaces 2
  • Unit Floor 9
  • View Bay, Pool Area View, Water View
  • Year Built Details New Construction
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 901
  • Inclusions None
  • Half Bathrooms 1
  • Patio / Porch Open Balcony
  • New Construction Yes
  • Garage Spaces 2
  • Style Condo 5+ Stories
  • Association Fee 5287
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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