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Unit 1201
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Five Park Unit 1201 Sold

$3,500,000
500 Alton Rd · West Avenue / Bay Road · Miami Beach
Five Park Unit 1201 Sold
$3,500,000
500 Alton Rd · West Avenue / Bay Road · Miami Beach
MLS A11854780
Five Park Unit 1201, 500 Alton Rd, West Avenue / Bay Road, Miami Beach FL 33139, photo 1 of 1
$3,500,000Sold Price
$1,607Per SqFt
3/3½Beds/BathsBd/Ba
2,178SqFt · 202.3 m²
Five Park · MLS A11854780 · 451 days on Zilbert · Listed Aug 7, 2025 · 500 Alton Rd, West Avenue / Bay Road, Miami Beach FL 33139

See all 17 floorplans at Five Park

Property Details

Sold Price$3,500,000
Last Asking Price$3,875,000
Price per SqFt$1,607
Maintenance Fee$5,298 Monthly
Property Taxes$55,500 2025
Interior Space2,178 SqFt
Beds/Baths3/3½
FurnishedNegotiable
Year Built2025
Closed Date12/11/2025
MLS #A11854780

Location

Directions

From the listing

Discover your future home in Miami Beach's Five Park, a premier luxury tower. This beautiful corner floorplan features 3 bedrooms and 3.5 bathrooms, with 10 ft ceilings across 2,178 sq. ft. of interior space. Enjoy a 900+ sq. ft. wraparound terrace with breathtaking views of South of Fifth and the Bay.The open living area includes a stylish Italian kitchen with quartzite countertops and Gaggenau appliances. Five Park offers unparalleled amenities: a private beach club with house car access, two pools, a gym, spa, an on-site restaurant, and more. Ideally located near Miami's top restaurants, beaches, and parks, this vibrant community.

Listed by Compass Florida, LLC

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$5,298
Property taxes$4,625
Per month$9,923

Maintenance $5,298 a month; taxes $55,500 for 2025. MLS figures, which may not be accurate.

Sales History for This Unit · Five Park Unit 1201

Sales history is unavailable for this property

What Other Units Have Been Selling For at Five Park

35 units sold at Five Park in the last 12 months at an average of $2,053/SqFt (this sale among them)

Below, the most recent sales most like this unit: units with the same bedroom count.

Unit ⇅Sold Price ⇅% of Ask ⇅Beds/Baths ⇅SqFt ⇅$/SqFt ⇅Closed Date ⇅

For a full analysis of past sales in this building, contact Mark Zilbert.

Mark Zilbert, Global Real Estate Advisor
Mark Zilbert
Global Real Estate Advisor · ONE Sotheby's International Realty · I track every sale at Five Park. Ask me about this residence, the line, or the building.

Listed by Compass Florida, LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.

The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.

More at Five Park

At Five Park, 17 of 226 units are for sale and 35 sold in the last 12 months at an average of $2,053 per SqFt. Unit 1201 sold at $1,607 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.

Ask Mark