501 West Ave #PH4701

$21M11.9%
$18,500,000
5
Beds
61/2
Baths
6,060
SqFt
Status
Sold - Jan 30, 2026
Parking
4
Size
6,060 SqFt (563 m2)
Price
$3,053/SqFt ($32,860/m2)
Type
Condo
Built
2025
HOA
$15,120/MO
MLS Number
A11840802
View
Bay,City,Ocean
On Site
427 Days
Updated
18 Days ago
Page Views
0
NEW CONSTRUCTION ~Blt. 2025
New Construction is the listings in the subdivision built in the last 2 years and in most cases never been occupied.
The LAST remaining Penthouse at Five Park Miami Beach. Fully furnished (price reflects unfurnished) residence featuring 5 beds + media room with 6.5 baths, 11 ft+ ceilings. 6000 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: 5
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, ClosetCabinetry, FirstFloorEntry, KitchenIsland, WalkInClosets, Elevator, Bar
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Hardwood, Marble, Tile, Wood
  • Year Built: 2025
  • Year Built Description: New Construction
  • Style: HighRise,Penthouse
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 4
    • Listing Date: 2025-07-15T15:42:30.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities
    • Taxes: No info
    • Security Information: DoorMan, ElevatorSecured, SecuredGarageParking, KeyCardEntry, LobbySecured, SecurityGuard
    • Parking Description: TwoOrMoreSpaces, Valet
    • Total Floors in Building: 48

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    Price History

    Current
    $18.5M
    High
    $21M
    Low
    $18.5M
    Total Change
    -11.9%
    $21.3M$19.8M$18.2MJul 25Jul 25Jan 26
    Date
    Event
    Price
    Change
    Price Per
    01/30/2026
    Sold
    $18.5M
    0%
    $3,053 ft2
    $32,860 m2
    07/15/2025
    Price Reduced
    $18.5M
    -11.9%
    $3,053 ft2
    $32,860 m2
    07/15/2025
    Listed
    $21M
     
    $3,465 ft2
    $37,301 m2
    01/30/2026
    $18.5M
    Event
    Sold
    Change
    0%
    Price Per
    $3,053 ft2
    $32,860 m2
    07/15/2025
    $18.5M
    Event
    Price Reduced
    Change
    -11.9%
    Price Per
    $3,053 ft2
    $32,860 m2
    07/15/2025
    $21M
    Event
    Listed
    Price Per
    $3,465 ft2
    $37,301 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Christopher WandsDouglas Elliman • Buyer Agency Compensation .

    Listing Location & Street View
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