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

500 ALTON #PH4702, Miami Beach

$20,000,000 USD 4 6.5
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Address500 ALTON #PH4702, Miami Beach
Building NameFIVE PARK
Type of PropertyCondominium
Price$20,000,000
Sold on15th July, 2025
Sold Price$17,500,000
Property StatusClosed
MLS NumberA11694331
Bedrooms Number4
Full Bathrooms Number6
Half Bathrooms Number1
Living Area5888
Year Built2024
Garage Spaces Number4
Folio Number02-42-03-006-0018
Days on Market239

Detailed 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.

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address500 ALTON
Section3
Financial Information
Price$20,000,000
Price per Foot$0
Sold on15th July, 2025
Sold Price$17,500,000
Folio Number02-42-03-006-0018
Maintenance Charge Month$15,120
Association Fee PaidMonthly
Association Fee$15,120
Tax Year2023
Terms of SaleCash
Possession InformationOther
Type of ContingenciesNo Contingencies
Full Descriptions
Detailed DescriptionOne 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.
Property ViewBay, Ocean View, Skyline
Water AccessNone
Floor DescriptionMarble, Tile, Wood
Interior FeaturesEntrance Foyer, Other
Exterior FeaturesOpen Balcony
Furnished InformationUnfurnished
Equipment AppliancesDishwasher, Dryer, Ice Maker, Microwave, Other Equipment / Appliances, Electric Range, Refrigerator, Wall Oven, Washer
AmenitiesBar, Bike Storage, Business Center, Cabana, Child Play Area, Clubhouse-Clubroom, Elevator (s), Exercise Room, Library, Other, Pool, Sauna,
Cooling DescriptionCentral Air
Heating DescriptionCentral, Electric
Parking Description2 Or More Spaces
Pet RestrictionsRestrictions Or Possible Restrictions
Property parameters
Bedrooms Number4
Full Baths Number6
Half Baths Number1
Balcony Includes1
Living Area5888
Year Built2024
Type of PropertyCondominium
Building NameFIVE PARK
Development NameFIVE PARK
Garage Spaces Number4
Listed withDouglas Elliman