$908,160
500 Alton Road 502
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $908,160
- Price per sq ft
- $1,028
- Original price
- Unchanged
- Days on market
- 120
This 1-bedroom condo in Park Residences Condo went under contract with an asking price of $908,160, or $1,028 per square foot. It spent 120 days on the market before going under contract.
Estimated monthly payment
$4,773 /mo
Principal and interest only, based on $181,632 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $2,332/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $908,160
- Days on Site
- 120 Days
- Bedrooms
- 1
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 883 sqft
- Total Sq Ft
- 883 sqft
- Year Built
- 2025
- Property Type
- Condo
- MLS #
- A12013556
- Property Tax
- $13,076 (2025)
- HOA Fees
- $2,332 / Monthly
- Subdivision
- PARK RESIDENCES CONDO
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
Residence 02 at Five Park Miami Beach: 1 Bed, 2 Baths, 1,056 sqft. Unit 502. Discover elevated coastal living in this spacious new construction residence within Miami Beach’s iconic 48-story tower. Thoughtfully designed with refined finishes, 10 ft ceilings, and top-of-the-line appliances, this home offers luxury, comfort, and access to FIVE PARK’s world-class amenities, including a FULL SERVICE BEACH CLUB in South of Fifth.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Under Contract
- Year Built
- 2025
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 48
- Garage Spaces
- 2
- Parking
- Covered / Valet
- Living Sq Ft
- 883
- Total Sq Ft
- 883
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
- $2,332 / 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
- Restrictions
- Ok To Lease
- MLS Area
- 2420
This home's HOA fee works out to $2,332 a month, 25% below 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 502, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 500 Alton Road 502, 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 502, Miami Beach, FL 33139 still available?
- 500 Alton Road 502, Miami Beach, FL 33139 is currently listed as Under Contract, and has been on the market 120 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 502, Miami Beach, FL 33139?
- With 20% down ($181,632) on the $908,160 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 500 Alton Road 502, Miami Beach, FL 33139 is about $4,773/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 502, 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 502, 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 502, Miami Beach, FL 33139 have an HOA fee?
- Yes: 500 Alton Road 502, Miami Beach, FL 33139 carries an HOA fee of about $2,332 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 502, Miami Beach, FL 33139?
- 500 Alton Road 502, 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 502, Miami Beach, FL 33139?
- Often, yes. The right offer on 500 Alton Road 502, 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 June 23, 2026.
$908,160
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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 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.
