$930,000

500 Alton Rd #506, Miami Beach, FL 33139

Bedrooms
1
Baths
2
Living area
846 ft²
Price per ft²
$1,099 / ft²
Type
Condo
Year built
2025
HOA
$2,332 / mo HOA
On market
9 days on market
MLS #
A12088651

Residence 506 at Five Park Miami Beach offers a fully furnished, turnkey opportunity in one of Miami Beach’s newest luxury developments. This 1-bedroom, 2-bath residence spans 950 SF and features refined finishes, 10-foot ceilings, top-of-the-line appliances, and thoughtfully selected furnishings. Five Park offers an extensive collection of resort-style amenities and services, including its exclusive full-service beach club in South of Fifth. The prime Miami Beach location provides easy access to the beach, South of Fifth, top dining, shopping, and nearby parks, combining the convenience of a move-in-ready residence with the lifestyle and amenities of a newly completed 48-story luxury tower.

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 $1,099. The median for recorded sales in the same ZIP codes is $607/ft² — putting it 81% above the median.
  • Position in the area’s price distributionThe asking price is $930,000; the median of recorded sales in the area is $585,000 (2,214 sales). On raw price that is 59% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $2,332 per month comes to $27,984 a year — 3.0% 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%$279,000
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$4,309
Loan amount
$651,000
Total interest over the term
$900,341
Total repaid
$1,551,341

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

One Sotheby's International Realty

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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