500 Alton Rd # 908, Miami Beach FL 33139 | Miami-Dade County | A11714370
- $1,199,000
- Condominium
- 1
- 1.5
- 1
- 878 Sq Ft
- $1,199,000
Description
Experience luxury condo living at Miami Beach’s tallest and newest condominium, FIVE PARK! This elegant 1-bedroom residence features a chef kitchen with premium Gaggenau appliances, porcelain wood floors, and an expansive terrace offering views of the South Beach skyline and lush Canopy Park. Indulge in 50,000-SF of unparalleled amenities on the 6th floor, including resort-style pool, state-of-the-art fitness center, spa, and restaurant with in-residence dining. Enjoy access to an exclusive private beach club, the stunning 3-acre Canopy Park, and quick access to the Miami Beach Marina, world-class dining, South Pt. Park, scenic boardwalk for fitness enthusiasts, and pristine beaches. Discover Miami Beach luxury living.
Property Overview
This is a 1-bedroom, 1.5-bath condominium of about 878 square feet at 500 Alton Rd # 908, Miami Beach FL 33139 (Miami Beach 33139), listed at $1,199,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $1,676.
The tax of record is $16,484 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $23,980/yr (≈ $1,998/mo); with the homestead exemption on a primary residence, about $22,980/yr (≈ $1,915/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 # 908 is $1,199,000. Fixtures and built-in appliances generally convey with the home, but the MLS record does not state if the unit is furnished; you must confirm which specific items convey.
Separate from the unit, the community provides shared access to a billiard room, business center, cabana, community room, exercise room, library, pool, sauna, spa/hot tub, and trash chute. Contact Christopher Lazaro, Miami Beach Real Estate Realtor, to verify these details.
Where exactly is it, and what should I know about the location?
The property at 500 Alton Rd # 908 is located in Miami Beach, FL 33139, situated within the coastal corridor. This unit is listed at $1,199,000 and offers 1 bedroom and 1.5 bathrooms across approximately 878 sqft.
Contact Christopher Lazaro, Miami Beach Real Estate Realtor, to verify these location details.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee is $1,676. This fee covers the Building Exterior, Common Area, Insurance, Landscaping/Lawn Maintenance, Manager, Outside Maintenance, Parking, Pool Service, Recreation Facilities, Reserve Fund, Security, and Water.
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 Realtor, to verify these details.
What are the property taxes and homestead implications?
The tax of record is $16,484 (2025). As an ESTIMATE ONLY, Florida reassesses at sale; at this price and a Miami-Dade rate near 2.0%, taxes are an ESTIMATE of about $23,980/yr (≈ $1,998/mo) without homestead, or about $22,980/yr (≈ $1,915/mo) with the homestead exemption. Florida's homestead exemption lowers taxable value only for a primary residence.
Confirm these figures with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Miami Beach Real Estate Realtor, to verify the details.
Is the home in a flood zone, and what does that mean?
Flood zones identify areas with different levels of risk for flooding. You can find official definitions at https://www.fema.gov/glossary/flood-zones and View the FEMA flood map for this address.
Lenders often require flood insurance in high-risk zones. Contact Christopher Lazaro, Miami Beach Real Estate Realtor, to verify the specific requirements for this unit.
Are pets allowed?
Cats are OK according to the MLS record, though a nonrefundable pet fee applies. If a documented service animal or ESA is involved, separate federal accommodation rules can apply.
Contact Christopher Lazaro, Miami Beach Real Estate Realtor, to verify these terms.
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 specific valuation for 500 Alton Rd # 908 at $1,199,000 comes from a CMA.
I will provide a Miami Beach-specific CMA before you set an offer. Contact Christopher Lazaro, Miami Beach Real Estate Realtor, to verify these details.
What financing step do you recommend before touring?
Secure a pre-approval before touring 500 Alton Rd # 908 to ensure your budget aligns with the $1,199,000 list price. You should connect with a Florida-licensed mortgage originator to establish your buying power.
Contact Christopher Lazaro, Miami Beach Real Estate Realtor, to verify these details.
Monthly Fees & Carrying Costs
| Association Fee | $1,676 / month |
| Condo Maintenance Fee | $224 / month |
| Total Monthly Fees | $1,900 / month |
Fees with a non-monthly frequency are converted to a monthly equivalent in the total.
- 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: AQUARIUM SITE AMD, FIVE PARK RESIDENCES, AQUARIUM SITE AMD,FIVE PARK RESIDENCES
Details
Updated on August 24, 2026 at 4:41 am-
Property ID A11714370
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Price $1,199,000
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Property Size 878 Sq Ft
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Bedroom 1
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Room 0
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Bathrooms 1.5
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Garage 1
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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 Ceramic Floor, Tile
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Bedroom Features Entry Level
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Cooling Central Air
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Association Type Condo
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Building FIVE PARK RESIDENCES
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Association Fee Frequency Monthly
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Area Aquarium Site Amd
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Annual Tax 16484
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Maintenance Fee Paid Per Monthly
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Association Yes
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Private Pool No
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Listing Terms All Cash
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Waterfront No
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Full Bathrooms 1
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Subdivision AQUARIUM SITE AMD,FIVE PARK RESIDENCES
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Total Stories 48
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Restrictions Ok To Lease
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Parking 1 Space, Guest, Valet, Limited # Of Vehicle
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Construction Concrete Block Construction, CBS Construction
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Building Area 1109
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Covered Spaces 1
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Unit Floor 9
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View Garden View, Ocean View
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Year Built Details New Construction
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Pets Allowed Yes
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Attached Yes
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Unit Number 908
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Half Bathrooms 1
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Flood Zone AE
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Patio / Porch Open Balcony
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New Construction Yes
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Garage Spaces 1
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Style Condo 5+ Stories
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Association Fee 1676
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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