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500 Alton Road 2318, Miami Beach, FL 33139
Active
26 Days on Market
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How this price compares

List price
$10,500,000
Price per sq ft
$2,983
Original price
Unchanged
Days on market
26

This 4-bedroom condo in Park Residences Condo is listed at $10,500,000, or $2,983 per square foot. It has been on the market for 26 days.

4
Bedrooms
5
Bathrooms
3,520
Living Sq Ft
2025
Year Built

Estimated monthly payment

$55,182 /mo

Principal and interest only, based on $2,100,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $7,510/mo HOA are not included.

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Listing Snapshot

Price
$10,500,000
Days on Site
26 Days
Bedrooms
4
Total Baths
5
Full Baths
5
Partial Baths
0
Living Area
3,520 sqft
Total Sq Ft
4,707 sqft
Year Built
2025
Property Type
Condo
MLS #
A12082232
Property Tax
$116,456 (2026)
HOA Fees
$7,510 / Monthly
Subdivision
Park Residences Condo
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Fabulous corner residence at Five Park offering south-east and west exposure with picturesque views spanning from the ocean to vibrant Government Cut to sunsets over the Miami skyline. Luxurious finishes, 10-ft ceilings, smart control, and sun-drenched open living areas featuring Italkraft kitchen, stunning onyx bar with 2 wine coolers, formal dining area overlooking scenic South of Fifth, and media room/den. Oceanfront primary suite with home office/sitting area, incredible run-in closet, and deluxe marble bath, while a second, west-facing primary suite offers sunsets and Miami skyline views. Guest bedrooms with en-suite baths and closets. The entire residence is wrapped with nearly 1,200-SF terrace with outdoor space for dining, lounging, and entertaining. Resort-style amenities on the 6th floor include pool, hot tub, fitness studio and spa, restaurant with in-residence dining and more. Enjoy private beach club, Canopy Park in your backyard, and convenient location, moments to Miami Beach Marina, dining, South Pointe Park, and beaches.

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General Features

Property Type
Condo
Status
Active
Year Built
2025
Property Condition
Resale
Number of Stories
48
Garage Spaces
4
Attached Garage
Yes
Parking
Attached / Garage
Direction Faces
East
Living Sq Ft
3,520
Total Sq Ft
4,707

Interior Features

Appliances
Dryer / Refrigerator / Washer
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Marble
Interior Features
Bedroom On Main Level / Bathtub / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Eat In Kitchen / Pantry / Soaking Tub / Separate Shower / Bar
Total Rooms
2

Exterior Features

Construction
Block
Exterior Features
Outdoor Living Area
Pool Features
Association
View
Bay / Ocean / Skyline

Community & HOA

HOA Fee
$7,510 / Monthly
HOA Includes
Common Areas / Insurance / Maintenance Structure / Pools / Recreation Facilities / Reserve Fund / Security / Water
Association Amenities
Billiard Room / Business Center / Fitness Center / Maintenance Grounds / Library / Management / Pool / Parking / Sauna / Spa Hot Tub
Security
Security System / Key Card Entry
Utilities
Cable Available
Pets Allowed
Yes
Financing Terms
Cash
Restrictions
Okay To Lease1st Year / Ok To Lease
MLS Area
2420

This home's HOA fee works out to $7,510 a month, 143% above the $3,094 median across 4 homes for sale in Park Residences Condo. See Park Residences Condo HOA fees

Schools

Elementary School
Miami Beach South Pointe
Middle School
Miami Beach Nautilus
High School
Miami Beach

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
View all 4 homes for sale in Park Residences →
How do I schedule a tour of 500 Alton Road 2318, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 500 Alton Road 2318, 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 2318, Miami Beach, FL 33139 still available?
500 Alton Road 2318, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 26 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 2318, Miami Beach, FL 33139?
With 20% down ($2,100,000) on the $10,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 500 Alton Road 2318, Miami Beach, FL 33139 is about $55,182/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 2318, 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 2318, 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 2318, Miami Beach, FL 33139 have an HOA fee?
Yes: 500 Alton Road 2318, Miami Beach, FL 33139 carries an HOA fee of about $7,510 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 2318, Miami Beach, FL 33139?
500 Alton Road 2318, Miami Beach, FL 33139 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (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 2318, Miami Beach, FL 33139?
Often, yes. The right offer on 500 Alton Road 2318, 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 BHHS EWM Realty

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 September 5, 2026.

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Listed by Nelson M Gonzalez, BHHS EWM Realty

Recently sold homes in Park Residences Condo

These are the last 4 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 $1,550 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.

See every recorded sale in Park Residences Condo or find out what your Park Residences Condo home is worth.

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