Property Details
| Sold Price | $990,000 |
|---|---|
| Last Asking Price | $1,026,800 |
| Price per SqFt | $921 |
| Maintenance Fee | $285,916 Monthly |
| Property Taxes | $15,912 2025 |
| Interior Space | 1,075 SqFt |
| Beds/Baths | 1/2 |
| Year Built | 2025 |
| Closed Date | 9/2/2026 |
| MLS # | A12011517 |
Location
From the listing
Developer unit - 1-bedroom, 2-bath residence at Five Park, Miami Beach's most anticipated new address. Spanning 1,208 sqft (per developer), Residence 501 comes, furnished by Addison House, offering experience curated with refined taste and contemporary sophistication. Residents of Five Park enjoy unparalleled amenities: a private wellness Spa, state-of-the-art fitness center, pools, residents-only co-working lounges and a children's playroom, on-site restaurant, valet, concierge, and beach club access. Set above a 3-acre public park, Five Park offers a rare blend of urban energy and serene green space. Moments from Lincoln Road, the beach, and restaurants. A fully furnished, move-in-ready opportunity in one of Miami Beach's most architecturally significant new developments.
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $285,916 a month; taxes $15,912 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · Five Park Unit 501
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: its floorplan first, then units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 4401 | $9,044,660$2,839/SqFt | 86% | 4/8/25 |
| 1906 | $1,360,000$1,347/SqFt | 91% | 9/1/26 |
| 2004 | $1,375,000$1,375/SqFt | 95% | 7/15/26 |
| 2304 | $1,400,000$1,580/SqFt | 93% | 1/8/26 |
| 1006 | $1,150,000$1,139/SqFt | 92% | 1/8/26 |
| 1904 | $1,350,000$1,543/SqFt | 94% | 12/1/25 |
| — | $1,467,300$1,656/SqFt | 96% | 9/12/25 |
| 2008 | $1,332,700$1,518/SqFt | 96% | 9/12/25 |
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 501, 500 Alton Rd · MLS A12011517 · Sold Sep 2026
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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 501 sold at $921 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.