$3,999,999

500 Alton Rd #1601, Miami Beach, FL 33139

Bedrooms
3
Baths
4
Living area
2,178 ft²
Price per ft²
$1,837 / ft²
Type
Condo
Year built
2025
HOA
$5,298 / mo HOA
On market
147 days on market
MLS #
A12014864

Where Central Park and South Beach collide. Welcome to Residence 1601. This thoughtfully designed home offers sweeping 180-degree views of the ocean, South of Fifth, and the bay and downtown skyline, all framed by floor-to-ceiling windows that fill the space with natural light. Spanning 2,187 SF of interior living space with an additional 900 SF wraparound terrace, the residence features curated upgrades including a Control4 smart home system and integrated sound throughout. Located within Five Park, South Beach’s newest luxury tower, residents enjoy an unmatched amenity package including a private beach club with house car transportation, resort-style pools, on-site restaurant, spa and sauna, state-of-the-art fitness center, two cinema rooms, world-class co-working lounge, children’s clubhouses, a two-acre park, and 24/7 concierge and doorman services. Perfectly positioned in South Beach, Five Park also offers the convenience of accessibility, just seconds from some of Miami’s top dining and lifestyle destinations.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $1,837. The median for recorded sales in the same ZIP codes is $607/ft² — putting it 203% above the median.
  • Position in the area’s price distributionThe asking price is $3,999,999; the median of recorded sales in the area is $590,000 (2,277 sales). On raw price that is 578% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $5,298 per month comes to $63,576 a year — 1.6% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$1,200,000
Term

7.03% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 24, 2026.

Estimated monthly payment$18,685
Loan amount
$2,799,999
Total interest over the term
$3,926,570
Total repaid
$6,726,569

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Douglas Elliman

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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