500 Alton PH4702, Miami Beach, FL 33139

$17,500,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11694331

Property Type: Residential Bedrooms: 4 Baths: 7 Square Footage: 5,888 Status: Closed

Current Price: $17,500,000 List Date: 11/15/2024 Last Modified: 5/09/2026

Overview

Description

One of the most remarkable residences in Miami - stunning lower Penthouse at Five Park, featuring 4 beds, 6.5 baths, office and media room. 11 ft+ ceilings. 5,888 sq ft of interior space, complemented by 1,868 sq ft of wraparound terrace. Sweeping views of magical sunsets over the Miami skyline, and sunrises over the Ocean. Open living space meticulously designed and detailed by Meyer Davis is equally suited for lavish entertainment and serene contemplation. Five Park is the newest luxury residential tower in Miami Beach, delivered Nov 2024. It offers its residents amenities including private beach club, 2 pools, gym, spa, on-site restaurant and the exclusive 26th floor Canopy Club. Most sought-after location due to proximity to restaurants, beach, parks etc.

Listing Details MLS# A11694331

General Property Information

Unit Floor #: 47
Property Sub Type: Condominium
Bedrooms Total: 4
Bathrooms Total: 7
Bathrooms Full: 6
Bathrooms Half: Yes
Living Area Main: 5888
Year Built: 2024
Garage YN: Yes
Garage Spaces: 4
Covered Spaces: 4
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 48

Property Features

Application Information: 1-2 Weeks Approval Association Amenities: Maintenance Flooring: Marble; Tile; Wood Leasing Permitted Details: Okay To Lease Property Condition: New Construction; Under Construction Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Microwave; Oven; Refrigerator; Washer; Other Cooling: Central Air Association Type: Condominium Heating: Central; Electric Interior Features: Entrance Foyer; Other Listing Terms: Cash; Conventional Other Equipment: Other Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Close Of Escrow; Other Security Features: Elevator Secure; Fire Alarm; Lobby - Attended; Smoke Detector(s) Tax Information: Other Exemption Unit Description: High Rise Utilities: Cable Available View: Skyline Water Access: None Water View: Bay; Ocean Showing Requirements: Appointment Only Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Contingencies: None

Contract Information

Comp Sale YN: No
Original List Price: 20000000
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 500
Street Name: Alton
Unit Number: PH4702
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Zip: 33139
Subdivision Name: FIVE PARK
Area: 2420
Parcel Number: 0242030060018

Financial Information

Association YN: Yes
Association Fee: 15120
Association Fee Frequency: Monthly
Application Required YN: Yes
Membership Fee Required YN: No
Tax Year: 2023
Tax Legal Description: AQUARIUM SITE AMD PB 21-83 LOTS 1 THRU 8 & LOTS 13 THRU 19 LESS ST RD 5 & ALLEY LYG BET & ADJ THEREOF CLOSED PER RES 2005-25869 & LOTS 9 THR

Status Change Information

Major Change Timestamp: 2025-07-15T20:02:51Z
Major Change Type: Status Change
Status Change Date: 2025-07-15
Under Contract Date: 2025-06-13
Close Date: 2025-07-15
Close Price: 17500000
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Parking Information

Open Parking Spaces: 2
Parking Space Number: 4

Leasing Restrictions

Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 180

Storm Protection

Impact Glass: Partial

Buyer Details

Intended Use: Unknown/Withheld

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 0010

Originating Details

Originating System Key: 403402933
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes

Amenities

Bar: Yes
Bike Storage: Yes
Business Center: Yes
Cabana: Yes
Clubhouse: Yes
Elevator(s): Yes
Fitness Center: Yes
Library: Yes
Playground: Yes
Pool: Yes
Sauna: Yes
Spa/Hot Tub: Yes
Trash Chute: Yes
Other: Yes

Association Amenities

Maintenance: Yes

Flooring

Marble: Yes
Tile: Yes
Wood: Yes

Property Condition

New Construction: Yes
Under Construction: Yes

Possession

Close Of Escrow: Yes
Other: Yes

Utilities

Cable Available: Yes

View

Skyline: Yes

Heating

Central: Yes
Electric: Yes

Unit Description

High Rise: Yes

Water Access

None: Yes

Water View

Bay: Yes
Ocean: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Ice Maker: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes
Other: Yes

Interior Features

Entrance Foyer: Yes
Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Other Equipment

Other: Yes

Security Features

Elevator Secure: Yes
Fire Alarm: Yes
Lobby - Attended: Yes
Smoke Detector(s): Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

Appointment Only: Yes

Master Bedroom/Bath

Bedroom On Entry Level: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Tax Information

Other Exemption: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Contingencies

None: Yes

Listing Office: Douglas Elliman

Last Updated: May - 09 - 2026

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500 Alton PH4702, Miami Beach, FL 33139 (MLS# A11694331)