$3,620,000
Sold · August 25, 2025
500 Alton Road 1603
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $3,620,000
- Vs. list price
- 10.6% under
- Days on market
- 104
- Price per sq ft
- $1,550
This 3-bedroom condo in Park Residences Condo sold for $3,620,000 on August 25, 2025. That was 10.6% below its final list price of $4,050,000. It spent 104 days on the market. At $1,550 per square foot, it closed 8% above the $1,435 median of the 3 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $3,620,000
- Sold On
- August 25, 2025
- Days on Site
- 104 Days
- Bedrooms
- 3
- Total Baths
- 4
- Full Baths
- 3
- Partial Baths
- 1
- Living Area
- 2,336 sqft
- Year Built
- 2024
- Property Type
- Condo
- MLS #
- A11801968
- HOA Fees
- $4,422 / Monthly
- Subdivision
- PARK RESIDENCES CONDO
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
03 Line Bay View Residence at Five Park Miami Beach: 3 Beds, 4 Baths, 2,336 sq ft. New Construction – Move-in Ready. Includes 2 Assigned Parking Spaces. Enjoy panoramic bay views from this expansive residence in the iconic 48-story tower. FIVE PARK Miami Beach offers elevated living with world-class amenities, including a FULL SERVICE BEACH CLUB in South of Fifth. Features include 10 ft ceilings, refined finishes, and top-of-the-line appliances.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 2024
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 48
- Garage Spaces
- 2
- Parking
- Covered / Valet
- Living Sq Ft
- 2,336
Interior Features
- Appliances
- Dryer / Dishwasher / Ice Maker / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile / Other / Tile
- Interior Features
- Built In Features / Bedroom On Main Level / Entrance Foyer / Elevator / Walk In Closets
Exterior Features
- Construction
- Block
- Exterior Features
- Courtyard / Outdoor Living Area
- Pool Features
- Association / Heated
- Waterfront
- Yes
- Waterfront Features
- Bayfront / No Fixed Bridges / Ocean Front
- View
- Bay
Community & HOA
- HOA Fee
- $4,422 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Maintenance Structure / Pest Control / Sewer / Security / Trash / Water
- Association Amenities
- Beach Rights / Billiard Room / Bike Storage / Business Center / Clubhouse / Fitness Center / Maintenance Grounds / Playground / Pool / Spa Hot Tub / Elevators
- Security
- Elevator Secured / Fire Alarm / Lobby Secured
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash
- MLS Area
- 2420
Schools
- Elementary School
- Miami Beach South Pointe
- Middle School
- Miami Beach Nautilus
- High School
- Miami
About the Community
Park Residences Condo is a waterfront community in Miami Beach, Miami-Dade County, Florida. Active listings are priced from $908,160 to $2,900,000. Homes were built between 2024 and 2025. Pure Equity lists homes in Park Residences and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 4
- Median List Price
- $2,475,000
- Median $/Sq Ft
- $2,120
- Avg Days on Market
- 68
Frequently Asked Questions
- How do I schedule a tour of 500 Alton Road 1603, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 500 Alton Road 1603, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 500 Alton Road 1603, Miami Beach, FL 33139 still available?
- 500 Alton Road 1603, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 104 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 500 Alton Road 1603, Miami Beach, FL 33139?
- With 20% down ($810,000) on the $4,050,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 500 Alton Road 1603, Miami Beach, FL 33139 is about $21,284/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 500 Alton Road 1603, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 500 Alton Road 1603, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 500 Alton Road 1603, Miami Beach, FL 33139 have an HOA fee?
- Yes: 500 Alton Road 1603, Miami Beach, FL 33139 carries an HOA fee of about $4,422 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 500 Alton Road 1603, Miami Beach, FL 33139?
- 500 Alton Road 1603, Miami Beach, FL 33139 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 500 Alton Road 1603, Miami Beach, FL 33139?
- Often, yes. The right offer on 500 Alton Road 1603, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Douglas Elliman
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$3,620,000
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Listed by Angelica Garcia, Douglas Elliman
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Recent Sales
Recently sold homes in Park Residences Condo
These are the last 3 recorded closings in Park Residences Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,435 per square foot. The most recent closed on September 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,360,000
Sold · September 1, 2026
500 Alton Road 1906
1 bed · 1.5 bath · 1,010 sqft · $1,347/sqft
$129,000 under the asking price
Sold$3,400,000
Sold · May 12, 2026
500 Alton Road 903
3 bed · 4 bath · 1,991 sqft · $1,708/sqft
$245,000 under the asking price
Sold$3,350,000
Sold · May 7, 2026
500 Alton Road 803
3 bed · 3.5 bath · 2,335 sqft · $1,435/sqft
$250,000 under the asking price
See every recorded sale in Park Residences Condo or find out what your Park Residences Condo home is worth.
