Five Park, 500 Alton #LPH4702

$20M12.5%
$17,500,000
4
Beds
61/2
Baths
5,888
SqFt
Status
Sold - Jul 15, 2025
Parking
4
Size
5,888 SqFt (547 m2)
Price
$2,972/SqFt ($31,992/m2)
Type
Condo
Built
2024
HOA
$15,120/MO
MLS Number
A11694331
View
Bay,City,Ocean
On Site
665 Days
Updated
18 Days ago
Page Views
0
NEW CONSTRUCTION ~Blt. 2024
New Construction is the listings in the subdivision built in the last 2 years and in most cases never been occupied.
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.

Features

Bedrooms
  • Bedrooms: 4
Bathrooms
  • Bathrooms: 6
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Bay,City,Ocean
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, EntranceFoyer, Bar
  • Equipment / Appliances: BuiltInOven, Dryer, Dishwasher, ElectricRange, IceMaker, Microwave, Other, Refrigerator, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Hardwood, Marble, Tile, Wood
  • Year Built: 2024
  • Year Built Description: New Construction
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 4
    • Listing Date: 2024-11-19T15:54:18.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities
    • Taxes: No info
    • Security Information: DoorMan, ElevatorSecured, FireAlarm, SmokeDetectors
    • Parking Description: TwoOrMoreSpaces
    • Total Floors in Building: 48

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    Price History

    Current
    $17.5M
    High
    $20M
    Low
    $17.5M
    Total Change
    -12.5%
    $20.3M$18.8M$17.2MNov 24Nov 24Jul 25
    Date
    Event
    Price
    Change
    Price Per
    07/15/2025
    Sold
    $17.5M
    0%
    $2,972 ft2
    $31,992 m2
    11/15/2024
    Price Reduced
    $17.5M
    -12.5%
    $2,972 ft2
    $31,992 m2
    11/15/2024
    Listed
    $20M
     
    $3,397 ft2
    $36,563 m2
    07/15/2025
    $17.5M
    Event
    Sold
    Change
    0%
    Price Per
    $2,972 ft2
    $31,992 m2
    11/15/2024
    $17.5M
    Event
    Price Reduced
    Change
    -12.5%
    Price Per
    $2,972 ft2
    $31,992 m2
    11/15/2024
    $20M
    Event
    Listed
    Price Per
    $3,397 ft2
    $36,563 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Anca MirescuDouglas Elliman • Buyer Agency Compensation .

    Listing Location & Street View
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    Scores

    Walk Score®
    Walker's Paradise. Daily errands do not require a car
    96

    100
    Transit Score®
    Good Transit. Many nearby public transportation options
    50

    100
    Bike Score®
    Very Bikeable. Biking is convenient for most trips
    84

    100
    Sound Score®
    Very loud
    60

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Heavy traffic at peak hours
    54

    100
    Local Score
    Limited local amenities nearby
    2

    100
    Community Snapshot
    1 – 3 BR
    Bedrooms
    $1.6M – $5M
    Price Tier
    731 - 5,888
    SqFt Range
    2024
    Year Build
    48
    Total Floors

    Subdivision Amenities

    Beach Rights
    Bike Storage
    Cabana
    Clubhouse
    Community Kitchen
    Elevators
    Fitness Center
    Hobby Room
    Library
    Playground
    Pool
    Sauna
    Trash

    Miami Beach
    Ultra Luxury
    Ultra Luxury Homes & Condos