$2,750,000
500 Alton Road 2402
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $2,750,000
- Price per sq ft
- $2,258
- Original price
- $2,995,000
- Days on market
- 188
This 2-bedroom condo in Park Residences Condo is listed at $2,750,000, or $2,258 per square foot. The asking price has come down 8.2% from its original $2,995,000. It has been on the market for 188 days.
Estimated monthly payment
$14,452 /mo
Principal and interest only, based on $550,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $3,236/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $2,750,000
- Days on Site
- 188 Days
- Bedrooms
- 2
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 1,218 sqft
- Total Sq Ft
- 1,218 sqft
- Year Built
- 2024
- Property Type
- Condo
- MLS #
- A11987245
- Property Tax
- $34,268 (2025)
- HOA Fees
- $3,236 / Monthly
- Subdivision
- Park Residences Condo
- Development
- Five Park
- County
- Miami Dade
- Status
- Active
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2024
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 48
- Garage Spaces
- 2
- Parking
- Valet
- Living Sq Ft
- 1,218
- Total Sq Ft
- 1,218
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Interior Features
- Breakfast Bar / Dual Sinks / Kitchen Island / Living Dining Room / Split Bedrooms / Separate Shower / Walk In Closets / Bar
- Total Rooms
- 1
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Exterior Features
- Balcony / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Private / Association
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / None
- View
- Bay
Community & HOA
- HOA Fee
- $3,236 / Monthly
- HOA Includes
- Cable Tv / Internet / Security / Trash / Water
- Association Amenities
- Business Center / Cabana / Clubhouse / Elevators / Fitness Center / Playground / Pool / Spa Hot Tub / Trails
- Security
- Elevator Secured / Fire Alarm / Fire Sprinkler System / Lobby Secured / Smoke Detectors
- Utilities
- Cable Available
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- See Remarks
- MLS Area
- 2420
This home's HOA fee works out to $3,236 a month, 5% 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
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 2402, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 500 Alton Road 2402, 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 2402, Miami Beach, FL 33139 still available?
- 500 Alton Road 2402, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 188 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 2402, Miami Beach, FL 33139?
- With 20% down ($550,000) on the $2,750,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 500 Alton Road 2402, Miami Beach, FL 33139 is about $14,452/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 2402, 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 2402, 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 2402, Miami Beach, FL 33139 have an HOA fee?
- Yes: 500 Alton Road 2402, Miami Beach, FL 33139 carries an HOA fee of about $3,236 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 2402, Miami Beach, FL 33139?
- 500 Alton Road 2402, 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 2402, Miami Beach, FL 33139?
- Often, yes. The right offer on 500 Alton Road 2402, 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 WIRE Miami
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 June 23, 2026.
$2,750,000
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Listed by Hector L Silva, WIRE Miami
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Recent Sales
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.
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
Sold$3,620,000
Sold · August 25, 2025
500 Alton Road 1603
3 bed · 3.5 bath · 2,336 sqft · $1,550/sqft
$430,000 under the asking price
See every recorded sale in Park Residences Condo or find out what your Park Residences Condo home is worth.
