501 W Ave 4201/05 4201/05, Miami Beach, FL 33139

$12,950,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11772496

Virtual Tour

https://www.zillow.com/view-imx/24ce6d8a-a050-4d6a-a890-bbeb65c4635c?initialViewType=pano

Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 6,777 Status: Closed

Current Price: $12,950,000 List Date: 3/29/2025 Last Modified: 6/08/2026

Overview

Description

Experience unparalleled luxury at Five Park, the latest architectural gem in the coveted South of Fifth neighborhood by Arquitectonica. This exclusive combo unit offers the opportunity to own a brand-new corner residence that has never been lived in before. It features 4 bedrooms, 4 bathrooms, 2 powder rooms, 2 offices, and a wraparound private terrace with 5,155 sq. ft. of sophisticated living space. The custom-designed kitchen boasts Italian oak cabinetry, sleek marble countertops, and top-of-the-line Gaggenau appliances. Enjoy world-class amenities, including exclusive beach club access, a Canopy Park, a Fitness Center, a Wellness Spa, Rooftop Pools, and an on-site Restaurant. Situated in the heart of South Beach, with easy access to fine dining, pristine beaches, and Downtown Miami.

Listing Details MLS# A11772496

General Property Information

Number Of Units In Community: 226
Total Units In Building: 226
Unit Floor #: 42
Property Sub Type: Condominium
Bedrooms Total: 4
Bathrooms Total: 6
Bathrooms Full: 4
Bathrooms Half: 2
Living Area Main: 6777
Year Built: 2024
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 48
Furnished: Unfurnished

Property Features

Application Information: 1-2 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Common Areas; Maintenance Structure; Pool Service; Reserve Funds; Security; Sewer; Trash Dining Area: Dining/Living Room Flooring: Tile Leasing Permitted Details: Okay To Lease Parking Features: Assigned; Valet; Attached; Attached Garage; Garage Property Condition: New Construction Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Oven; Refrigerator; Washer Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Elevator; Entrance Foyer; Walk-In Closet(s); Other Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Negotiable Security Features: Elevator Secure; Fire Alarm; Lobby - Attended; Secured Garage/Parking; Security System; Smoke Detector(s) Special Information: Sold As-Is Tax Information: New Construction Unit Description: High Rise View: Water Water Access: Other Water View: Bay; Ocean Waterfront Features: Bayfront Showing Requirements: 24 Hour Notice Outdoor Living Spaces: Balcony; Porch Balcony Details: Balcony - Open Porch Details: Porch - Wrap Around Contingencies: None

Contract Information

Comp Sale YN: No
Original List Price: 15000000
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 501
Street Direction Prefix: W
Street Name: Ave 4201/05
Unit Number: 4201/05
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Zip: 33139
Subdivision Name: Five Park
Area: 2420
Elementary School: Miami Beach South Pointe
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Special Assessment YN: No
Parcel Number: 0242034204201

Financial Information

Association YN: Yes
Association Fee: 13463
Association Fee Frequency: Monthly
Application Required YN: Yes
Membership Fee Required YN: No
Tax Year: 2024
Tax Legal Description: Five Park Unit 4210 & 4205

Status Change Information

Major Change Timestamp: 2026-03-13T04:00:00Z
Major Change Type: Status Change
Price Change Timestamp: 2025-06-05T18:23:16Z
Status Change Date: 2026-03-17
Under Contract Date: 2026-02-26
Close Date: 2026-03-13
Close Price: 12950000
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: 2

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: Yes
Seller Concessions Amount: 10600

Price Calculations

Current Price To SqFt: 1910.87

Section Details

Parcel Number MLX: 4205

Originating Details

Originating System Key: 409223100
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes

Amenities

Bar: Yes
Business Center: Yes
Cabana: Yes
Clubhouse: Yes
Elevator(s): Yes
Fitness Center: Yes
Jogging Path: Yes
Playground: Yes
Pool: Yes
Private Beach Pavilion: Yes
Sauna: Yes
Spa/Hot Tub: Yes
Trash Chute: Yes
Other: Yes

Association Amenities

Maintenance: Yes

Association Fee Includes

Common Areas: Yes
Maintenance Structure: Yes
Pool Service: Yes
Reserve Funds: Yes
Security: Yes
Sewer: Yes
Trash: Yes

Dining Area

Dining/Living Room: Yes

Flooring

Tile: Yes

Parking Features

Assigned: Yes
Valet: Yes
Attached: Yes
Attached Garage: Yes
Garage: Yes

Property Condition

New Construction: Yes

Possession

Negotiable: Yes

Special Information

Sold As-Is: Yes

View

Water: Yes

Heating

Central: Yes

Unit Description

High Rise: Yes

Water Access

Other: Yes

Water View

Bay: Yes
Ocean: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes

Interior Features

Elevator: Yes
Entrance Foyer: Yes
Walk-In Closet(s): Yes
Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Elevator Secure: Yes
Fire Alarm: Yes
Lobby - Attended: Yes
Secured Garage/Parking: Yes
Security System: Yes
Smoke Detector(s): Yes

Waterfront Features

Bayfront: Yes

Water Heater Details

Electric Water Heater: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

24 Hour Notice: Yes

Main Living Area

Entry Level: Yes

Master Bedroom/Bath

Bedroom On Entry Level: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Tax Information

New Construction: Yes

Outdoor Living Spaces

Balcony: Yes
Porch: Yes

Balcony Details

Balcony - Open: Yes

Porch Details

Porch - Wrap Around: Yes

Contingencies

None: Yes

Listing Office: Compass Florida, LLC

Last Updated: June - 08 - 2026

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501 W Ave 4201/05 4201/05, Miami Beach, FL 33139 (MLS# A11772496)