$930,000
500 Alton Road 506
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
- $930,000
- Price per sq ft
- $1,099
- Vs. nearby sales
- 26.4% below
- Days on market
- 9
This 1-bedroom condo in Park Residences Condo is listed at $930,000, or $1,099 per square foot. It has been on the market for 9 days. The 4 most recent condo sales in the closings shown below sold at a median of $1,493 per square foot, so the asking price is 26.4% below what comparable homes here actually sold for.
Estimated monthly payment
$4,888 /mo
Principal and interest only, based on $186,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $2,235/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $930,000
- Days on Site
- 9 Days
- Bedrooms
- 1
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 846 sqft
- Total Sq Ft
- 846 sqft
- Year Built
- 2025
- Property Type
- Condo
- MLS #
- A12088651
- Property Tax
- $12,021 (2025)
- HOA Fees
- $2,235 / Monthly
- Subdivision
- PARK RESIDENCES CONDO
- County
- Miami Dade
- Status
- Active
About This Property
Residence 506 at Five Park Miami Beach offers a fully furnished, turnkey opportunity in one of Miami Beach’s newest luxury developments.This 1-bedroom, 2-bath residence spans 950 SF and features refined finishes, 10-foot ceilings, top-of-the-line appliances, and thoughtfullyselected furnishings. Five Park offers an extensive collection of resort-style amenities and services, including its exclusive full-service beachclub in South of Fifth. The prime Miami Beach location provides easy access to the beach, South of Fifth, top dining, shopping, and nearbyparks, combining the convenience of a move-in-ready residence with the lifestyle and amenities of a newly completed 48-story luxury tower.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2025
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 48
- Garage Spaces
- 1
- Attached Garage
- Yes
- Parking
- Attached / Garage
- Living Sq Ft
- 846
- Total Sq Ft
- 846
Interior Features
- Appliances
- Dryer / Dishwasher / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile
- Interior Features
- Bedroom On Main Level / Entrance Foyer
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Private Pool
- Yes
- Pool Features
- Private / Association / Heated
- View
- Other
Community & HOA
- HOA Fee
- $2,235 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Maintenance Structure / Pest Control / Sewer / Security / Trash / Water
- Association Amenities
- Billiard Room / Bike Storage / Business Center / Clubhouse / Fitness Center / Maintenance Grounds / Playground / Pool / Spa Hot Tub / Elevators
- Security
- Elevator Secured / Fire Alarm / Fire Sprinkler System / Lobby Secured
- Utilities
- Cable Available
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease
- MLS Area
- 2420
This home's HOA fee works out to $2,235 a month, 28% 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 506, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 500 Alton Road 506, 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 506, Miami Beach, FL 33139 still available?
- 500 Alton Road 506, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 9 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 506, Miami Beach, FL 33139?
- With 20% down ($186,000) on the $930,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 500 Alton Road 506, Miami Beach, FL 33139 is about $4,888/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 506, 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 506, 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 506, Miami Beach, FL 33139 have an HOA fee?
- Yes: 500 Alton Road 506, Miami Beach, FL 33139 carries an HOA fee of about $2,235 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 506, Miami Beach, FL 33139?
- 500 Alton Road 506, 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 506, Miami Beach, FL 33139?
- Often, yes. The right offer on 500 Alton Road 506, 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 One Sotheby's International 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 15, 2026.
$930,000
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Listed by Samantha J Elenson, One Sotheby's International Realty
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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.
