Premier Brokers International
500 Alton Road 2402, Miami Beach, FL 33139
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A11987245
$2,750,000

500 Alton Road 2402, Miami Beach, FL 33139

Beds
2
Baths
3
Sqft
1,218
Est. payment$21,736/mo
Home type
Condominium
Year built
2024
Lot size
—
Price / sqft
$2,258
HOA
$3,236/mo
Community
Park Residences Condo

Property description

Experience the pinnacle of waterfront luxury at Five Park Miami Beach, the newest icon in Miami Beach. Be the first to live in this exceptional 2BR, 2.5BA residence spanning approximately 1400 SF. This unit is uniquely equipped with a custom kitchen island with quartzite waterfall that none of the other 02 line units have. The unit has easy-to-maintain wood-pattern porcelain flooring in the interior and exterior-grade tile on the balcony. Enjoy breathtaking sunrise & ocean views from floor-to-ceiling glass windows. The elegant interior boasts Gaggenau appliances and quartzite countertops, blending sophistication with comfort. Five Park delivers an unmatched lifestyle with a full-service beach club, in-residence dining, resident-only on-site restaurant curated by James Beard Award-winning Chef Michelle Bernstein, two lavish pools, hot tub, state of the art spa, fitness center, butler service, two house cars, and more. Walk across the soon-to-be-completed Canopy bridge by renowned French conceptual artist Daniel Buren and step directly into South of Fifth's shops, restaurants, and a marina to dock your boat or be picked up for a charter. Nestled beside Canopy Park—a lush 3-acre retreat—this pet-friendly residence seamlessly fuses nature and luxury for the ultimate Miami Beach sanctuary. Owner may lease for minimum of 6 months 2x per year. Unit is pre-wired for automated window treatments with shade pockets already installed. New owner to customize closets post-closing.

Listing activity

Days on market
210
Listed
Mar 27, 2026
MLS listing updated
Oct 19, 2026
Feed last checked
11 minutes ago

Listed by Hector L Silva · WIRE Miami

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
1
Interior features
Bedroom Layout - Split, Kitchen Island, Walk-In Closet(s)
Appliances
Electric Water Heater, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer

Heating & cooling

Heating
Central, Electric
Cooling
Central Air, Electric
Property

Parking

Garage spaces
2
Garage
Yes
Covered spaces
2
Parking features
Valet
Attached garage
No

Exterior

Stories
48
Building area
1,218 sqft
Exterior features
Balcony
Pool features
Private
View
Bay
Waterfront
None, Bay
Waterfront property
Yes
Construction

Type & style

Home type
Condominium
Year built
2024
New construction
Yes

Materials

Construction
CBS
Property condition
New Construction
Utilities & green energy

Utilities

Utilities
Cable Available
Community & HOA

Community

Subdivision
Park Residences Condo
MLS area
2420
Security
Elevator Secure, Fire Alarm, Fire Sprinkler System, Lobby - Attended, Smoke Detector(s)
Pets allowed
Pet Restrictions Possible, Yes
55+ community
No

Association

Has association
Yes
Association fee
$3,236 monthly
Estimated monthly dues
$3,236
Amenities
Pool, Bar, Business Center, Cabana, Clubhouse, Elevator(s), Fitness Center, Jogging Path, Lobby, Playground, Spa/Hot Tub
Services included
Cable TV, Internet, Security, 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
A11987245
Possession
Close Of Escrow, Negotiable
Original list price
$2,995,000
Parcel number
0242040150310
Annual property tax
$34,268
Tax year
2025
Tax legal description
PARK RESIDENCES CONDO UNIT 2402 UNDIV 0.6708% INT IN COMMON ELEMENTS OFF REC 34492-3455
Additional MLS details

Reported by the listing source

Association Amenities
Pool, Bar, Business Center, Cabana, Clubhouse, Elevator(s), Fitness Center, Jogging Path, Lobby, Playground, Spa/Hot Tub
Association Fee Frequency
Monthly
Association Fee Includes
Cable TV, Internet, Security, Trash, Water
Association
Yes
Bathrooms Total Decimal
2.5
Bathrooms Total Integer
3
Building Area Total
1218
Construction Materials
CBS
County Or Parish
Miami-Dade
Days On Market
210
Elementary School
Miami Beach South Pointe
High School
Miami Beach
List Price
2750000
Listing Contract Date
2026-03-27
Living Area
1218
MLSArea Major
2420
Middle Or Junior School
Miami Beach Nautilus
Mls Status
Active
On Market Date
2026-03-27
Photos Count
80
Postal Code
33139
Price Change Timestamp
2026-09-02T17:32:15Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
1
Security Features
Elevator Secure, Fire Alarm, Fire Sprinkler System, Lobby - Attended, Smoke Detector(s)
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-03-27T04:00:00Z
Stories Total
48
Subdivision Name
Park Residences Condo
Waterfront Features
None, Bay
Tax Annual Amount
34268
Bathrooms Full
2
Bedrooms Total
2
Bathrooms Half
1
Financial Information: Estimated Monthly Assoc Recurring Fee
3236

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

DateEventPrice
Mar 27, 2026ListedMIAMI REALTORS® MLS$2,995,000$2,459/sqft
Sep 2, 2026Price reducedMIAMI REALTORS® MLS$2,750,000$2,258/sqft

Public tax history

YearProperty taxesAssessment
2025$34,268—

Payment calculator

Estimated monthly payment$21,736/moIllustrative estimate, not a loan offer.
Principal & interest
$14,269
Property taxes
$2,856
Insurance
$1,375
Association dues
$3,236

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

Park Residences Condo

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.

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of WIRE Miami. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.