Property Details
| Asking Price | $3,999,999 |
|---|---|
| Price per SqFt | $1,837 |
| Maintenance Fee | $5,298 Monthly |
| Property Taxes | $54,652 2025 |
| Interior Space | 2,178 SqFt |
| Beds/Baths | 3/3½ |
| Year Built | 2025 |
| MLS # | A12014864 |
Location
From the listing
Where Central Park and South Beach collide. Welcome to Residence 1601. This thoughtfully designed home offers sweeping 180-degree views of the ocean, South of Fifth, and the bay and downtown skyline, all framed by floor-to-ceiling windows that fill the space with natural light. Spanning 2,187 SF of interior living space with an additional 900 SF wraparound terrace, the residence features curated upgrades including a Control4 smart home system and integrated sound throughout.Located within Five Park, South Beach’s newest luxury tower, residents enjoy an unmatched amenity package including a private beach club with house car transportation, resort-style pools, on-site restaurant, spa and sauna, state-of-the-art fitness center, two cinema rooms, world-class co-working lounge, children’s clubhouses, a two-acre park, and 24/7 concierge and doorman services. Perfectly positioned in South Beach, Five Park also offers the convenience of accessibility, just seconds from some of Miami’s top dining and lifestyle destinations.
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $5,298 a month; taxes $54,652 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · Five Park Unit 1601
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 unit (1601) is asking $1,837/SqFt
Below, the most recent sales most like this unit: its floorplan first, then units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 501 | $990,000$921/SqFt | 96% | 9/2/26 |
| 4401 | $9,044,660$2,839/SqFt | 86% | 4/8/25 |
| 4102 | $6,300,000$2,150/SqFt | 93% | 10/23/26 |
| — | $6,200,000$2,116/SqFt | 97% | 10/15/26 |
| 2203 | $4,150,000$1,777/SqFt | 97% | 10/2/26 |
| 4303 | $8,450,000$3,448/SqFt | 100% | 8/24/26 |
| 901 | $3,150,000$1,446/SqFt | 99% | 7/6/26 |
| 3503 | $6,674,000$2,552/SqFt | 93% | 6/5/26 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Douglas Elliman. 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.
Ask Mark About This Listing
Five Park Unit 1601, 500 Alton Rd · MLS A12014864 · $3,999,999
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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 1601 asks $1,837 per SqFt, below the building's recent sold average. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.