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Active Condominium
$2,885,000 ↓ −$110,000 (3.7%)
500 Alton Rd # 2402, Miami Beach FL 33139, Miami Beach, FL 33139
2 Beds
Bedrooms
3 Baths
Bathrooms
1,218 sqft
Living Area
2024
Year Built
Market Insight

The listing is priced 87.3% above the comparable average of $1265 per square foot. It is $885,000 above the median comparable close price of $1,500,000.

About This Property

Experience the pinnacle of waterfront luxury at Five Park Miami Beach, the newest icon in Miami Beach. Be the first to live in this exceptional 2BR, 2.5BA residence spanning approximately 1400 SF. This unit is uniquely equipped with a custom kitchen island with quartzite waterfall that none of the other 02 line units have. The unit has easy-to-maintain wood-pattern porcelain flooring in the interior and exterior-grade tile on the balcony. Enjoy breathtaking sunrise & ocean views from floor-to-ceiling glass windows. The elegant interior boasts Gaggenau appliances and quartzite countertops, blending sophistication with comfort. Five Park delivers an unmatched lifestyle with a full-service beach club, in-residence dining, resident-only on-site restaurant curated by James Beard Award-winning Chef Michelle Bernstein, two lavish pools, hot tub, state of the art spa, fitness center, butler service, two house cars, and more. Walk across the soon-to-be-completed Canopy bridge by renowned French conceptual artist Daniel Buren and step directly into South of Fifth's shops, restaurants, and a marina to dock your boat or be picked up for a charter. Nestled beside Canopy Park—a lush 3-acre retreat—this pet-friendly residence seamlessly fuses nature and luxury for the ultimate Miami Beach sanctuary. Owner may lease for minimum of 6 months 2x per year. Unit is pre-wired for automated window treatments with shade pockets already installed. New owner to customize closets post-closing.

Property Details

Property Type Condominium
Days on Market 55 days
HOA Fee $3,236/mo
Parking — spaces
Pool Yes
Waterfront Yes
Community Park Residences Condo,Five Park
Pets Allowed Restrictions Or Possible Restrictions

Assigned Schools

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School Grades Address Report Card
Miami Beach South Pointe Elementary
Elementary 305-531-5437
PK-5
1050 Fourth St., Miami Beach, FL 33139
Nautilus Middle
Middle 305-532-3481
6-8
4301 N Michigan Ave., Miami Beach, FL 33140
Miami Beach Senior High
High School 305-532-4515
9-12
2231 Prairie Ave., Miami Beach, FL 33139

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Comparable Sales

10 closed sales · 1-mile radius · last 12 months · Miami Beach

Est. Market Value
$1,503,019
Range: $1,230,000 – $1,835,000
Listed 91.9% above estimated market value ($1,381,981 over comps). Buyers should negotiate.
Address
Closed
Price
Beds
Baths
Sqft
vs Ask
400 S Pointe Dr # 2003, Miami Beach FL 33139
SOUTH POINTE TOWERS CONDO · 1987
$1,835,000
May 20, 2026
$2,350,000
$1,444/sf
2
2
1,271
-21.9%
300 E Collins Ave # 2D, Miami Beach FL 33139
300 COLLINS CONDO · 2018
$1,920,000
May 15, 2026
$2,200,000
$1,698/sf
2
2
1,131
-12.7%
400 S Pointe Dr # 1501, Miami Beach FL 33139
SOUTH POINTE TOWERS CONDO · 1987
$2,250,000
May 6, 2026
$2,250,000
$1,931/sf
2
2
1,165
+0%
1330 West Ave # 1614, Miami Beach FL 33139
THE WAVERLY AT SOUTH BEACH · 2001
$736,500
Apr 22, 2026
$749,000
$584/sf
2
2
1,262
-1.7%
200 Ocean Dr # 5D, Miami Beach FL 33139
200 OCEAN DRIVE CONDO · 2000
$1,230,000
Apr 17, 2026
$1,299,000
$1,108/sf
2
2
1,110
-5.3%
90 Alton Rd # 301, Miami Beach FL 33139
YACHT CLUB AT PORTOFINO · 1999
$725,000
Apr 17, 2026
$799,000
$614/sf
2
2
1,180
-9.3%
90 Alton Rd # 2701, Miami Beach FL 33139
YACHT CLUB AT PORTOFINO C · 1999
$1,800,000
Apr 6, 2026
$1,850,000
$1,593/sf
2
2
1,130
-2.7%
90 Alton Rd # 3010, Miami Beach FL 33139
YACHT CLUB AT PORTOFINO C · 1999
$1,500,000
Mar 31, 2026
$1,500,000
$1,303/sf
2
2
1,151
+0%
90 Alton Rd # 2002, Miami Beach FL 33139
YACHT CLUB AT PORTOFINO C · 1999
$1,250,000
Mar 30, 2026
$1,350,000
$1,106/sf
2
2
1,130
-7.4%
1500 BAY RD 1570S, Miami Beach FL 33139
County records · 1960
$670,000
Mar 19, 2026
$598/sf
2
2
1,121
$1,500,000
Median Sale
$1,471,833
Trimmed Avg
$1,264/sf
Avg $/sqft
9 sales
Comps Found

Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.

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