Welcome to Residence 1601 at 5 Park, a masterfully curated luxury home in the most iconic new address in Miami Beach. This elevated corner residence showcases bespoke finishes and meticulous craftsmanship throughout, offering a seamless blend of refined design and modern elegance. Floor-to-ceiling glass frames breathtaking panoramic views of the Atlantic Ocean, Biscayne Bay, and the Miami skyline, delivering unforgettable sunrises and sunsets from every principal room. Custom interiors feature premium materials, designer lighting, and sophisticated architectural details that define the elevated lifestyle of 5 Park Miami Beach. The gourmet kitchen is a statement of form and function, appointed with top-tier appliances, custom cabinetry, and refined stone surfaces—perfect for both entertaining and everyday living. Spa-like bathrooms and a serene primary suite create a private retreat above the city. As a resident of 5 Park, enjoy a world-class amenity collection, exceptional services, and immediate access to South Beach, parks, marinas, and fine dining. Residence 1601 offers a rare opportunity to own a luxury Miami Beach condo where iconic views, privacy, and elevated living converge. *Offered Furnished or Unfurnished
For sale
Price cut: $225K (2/2)
$4,375,000
500 Alton Rd Unit 1601, Miami Beach, FL 33139
3beds
2,178sqft
Est.:
Condominium
Built in 2025
-- sqft lot
$4,116,800 Zestimate®
$2,009/sqft
$5,298/mo HOA
What's special
Elevated corner residenceFloor-to-ceiling glassTop-tier appliancesCustom cabinetryGourmet kitchenCustom interiorsPremium materials
- 70 days |
- 465 |
- 23 |
Zillow last checked: 8 hours ago
Listing updated: February 09, 2026 at 05:18am
Listed by:
David Sherman 917-859-1695,
Compass Florida, LLC,
Elise Roberts-Messing 917-689-2734,
Compass Florida, LLC
Source: MIAMI,MLS#: A11923113
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Self Cleaning Oven, Oven, Washer
Features
- Closet Cabinetry, Custom Mirrors, Elevator, Entrance Foyer, Volume Ceilings, Walk-In Closet(s)
- Doors: High Impact Doors
- Windows: Blinds, Other Windows, Sliding
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 3,086
- Total interior livable area: 2,178 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: 2 Or More Spaces, Guest
- Garage spaces: 2
Features
- Entry location: Foyer
- Exterior features: Balcony
- Pool features: Association
- Spa features: Community
- Has view: Yes
- View description: Bay, Ocean
- Has water view: Yes
- Water view: Bay,Ocean
Details
- Parcel number: 0242040150090
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction, CBS Construction
Condition
- Year built: 2025
Community & HOA
Community
- Security: Smoke Detector, Other
- Subdivision: Five Park
HOA
- Has HOA: Yes
- Amenities included: Bar, Clubhouse-Clubroom, Community Room, Fitness Center, Other, Other Membership Available, Pool, Spa/Hot Tub
- HOA fee: $5,298 monthly
- Application fee: $150
- Pet fee: $0
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $2,009/sqft
- Annual tax amount: $54,652
- Date on market: 12/1/2025
- Listing terms: All Cash,Conventional
Estimated market value
$4,116,800
$3.91M - $4.32M
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Price change | $4,375,000-4.9%$2,009/sqft |
Source:  MIAMI #A11923113 Report a problem | ||
| 12/2/2025 | Listed for sale | $4,600,000$2,112/sqft |
Source: MIAMI #A11923113 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$35,210/mo
Principal & interest
$21673
Property taxes
$6708
Other costs
$6829
Climate risks
Neighborhood: Flamingo Lummus
Nearby schools
GreatSchools rating
- 9/10South Pointe Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 2.8 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: South Pointe
- Middle: Nautilus
- High: Miami Beach
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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