ActiveMLS® A11934301

$2,495,000

500 Alton Road 1602, Miami Beach, FL 33139

Beds: 2
Baths: 3
Sqft: 1,201

Est. payment$20,203/mo

Home type: Condominium
Year built: 2025
Lot size: —
Price / sqft: $2,077
HOA: $3,150/mo
Community: FIVE PARK MIAMI BEACH

Property description

Discover this beautifully appointed 2-bedroom, 2 full bath + powder room residence at Five Park Miami Beach, the iconic new luxury tower redefining the skyline as the gateway to Miami Beach.Residence 1602 offers an expansive layout with 1,357 SQFT of interior living space and a remarkable 279 SQFT private terrace, providing panoramic views of Miami Beach and the Atlantic Ocean.The residence is thoughtfully decorated by a renowned interior designer, featuring custom lighting, elegant wallpapers, and a stunning custom dining table, complementing the impeccable design and top-tier finishes throughout. These include Italian oak cabinetry, quartzite countertops, high-end appliances, and soaring 10-foot ceilings that create an open, airy atmosphere.This exceptional residence boasts floor-to-ceiling windows, a flowing open-concept living and dining area, and a total of 1,636 SQFT of combined indoor and outdoor space.

Listing activity

Days on market: 304
Listed: Dec 22, 2025
MLS listing updated: Oct 15, 2026
Feed last checked: Just now

Listed by Alessandro Fabio Saponaro · AFS Living

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Bathrooms (decimal): 2.5
Full bathrooms: 2
Half bathrooms: 1

Rooms & features

Rooms: 0
Interior features: Closet Cabinetry
Flooring: Ceramic Tile
Appliances: Dishwasher, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Furnished: Negotiable

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 1
Garage: Yes
Carport spaces: 1
Carport: Yes
Covered spaces: 2
Parking features: Attached, Attached Carport, Attached Garage, Carport, Garage, Valet
Attached garage: Yes

Exterior

Stories: 53
Building area: 1,201 sqft
View: Ocean
Waterfront: None
Waterfront property: Yes

Construction

Type & style

Home type: Condominium
Year built: 2025
New construction: No

Materials

Construction: CBS
Property condition: Resale

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: FIVE PARK MIAMI BEACH
MLS area: 2420
Security: Elevator Secure, Lobby - Attended, Secured Garage/Parking, Smoke Detector(s)
Pets allowed: Pet Restrictions Possible, Yes
55+ community: No

Association

Has association: Yes
Association fee: $3,150 monthly
Estimated monthly dues: $3,150
Amenities: Bar, Billiard Room, Business Center, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Picnic Area, Playground, Sauna, Spa/Hot Tub
Services included: Recreation Facility, Pool Service, Cable TV, Common Areas, Elevator, Hot Water, Internet, Maintenance Structure, Reserve Funds, Roof Repairs, Security, Sewer, Trash, Water

Lease details

Not reported by the listing source.

Location

Area details

City: Miami Beach
County: Miami-Dade
ZIP code: 33139

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11934301
Possession: Close Of Escrow, Negotiable
Original list price: $2,700,000
Parcel number: 0242040150270
Annual property tax: $34,302
Tax year: 2025
Tax legal description: PARK RESIDENCES CONDO UNIT 1602 UNDIV 0.6614% INT IN COMMON ELEMENTS OFF REC 34492-3455

Additional MLS details

Reported by the listing source

Association Amenities: Bar, Billiard Room, Business Center, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Picnic Area, Playground, Sauna, Spa/Hot Tub
Association Fee Frequency: Monthly
Association Fee Includes: Recreation Facility, Pool Service, Cable TV, Common Areas, Elevator, Hot Water, Internet, Maintenance Structure, Reserve Funds, Roof Repairs, Security, Sewer, Trash, Water
Association: Yes
Bathrooms Total Decimal: 2.5
Bathrooms Total Integer: 3
Building Area Total: 1201
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 304
Elementary School: Miami Beach South Pointe
High School: Miami Beach
List Price: 2495000
Listing Contract Date: 2025-12-22
Living Area: 1201
MLSArea Major: 2420
Middle Or Junior School: Miami Beach Nautilus
Mls Status: Active
On Market Date: 2026-04-23
Photos Count: 33
Postal Code: 33139
Price Change Timestamp: 2026-10-15T23:09:59Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Elevator Secure, Lobby - Attended, Secured Garage/Parking, Smoke Detector(s)
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-04-23T12:36:03Z
Stories Total: 53
Subdivision Name: FIVE PARK MIAMI BEACH
Waterfront Features: None
Tax Annual Amount: 34302
Bathrooms Full: 2
Bedrooms Total: 2
Bathrooms Half: 1
Financial Information: Estimated Monthly Assoc Recurring Fee: 3150

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Dec 22, 2025	ListedMIAMI REALTORS® MLS	$2,700,000$2,248/sqft
Oct 15, 2026	Price reducedMIAMI REALTORS® MLS	$2,495,000$2,077/sqft

Public tax history

Year	Property taxes	Assessment
2025	$34,302	—

Payment calculator

Estimated monthly payment$20,203/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $12,946
Property taxes: $2,859
Insurance: $1,248
Association dues: $3,150

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

FIVE PARK MIAMI BEACH

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach South PointeElementary

—

Miami Beach NautilusMiddle

—

Miami BeachHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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