$12,950,000
Sold · March 13, 2026
501 W Ave 4201/05 4201/05
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
- $12,950,000
- Vs. list price
- 7.5% under
- Days on market
- 335
- Price per sq ft
- $1,911
This 4-bedroom condo in Five Park sold for $12,950,000 on March 13, 2026. That was 7.5% below its final list price of $14,000,000. It first came on the market at $15,000,000, so the price was adjusted before it sold. It spent 335 days on the market. At $1,911 per square foot, it closed 19.1% above the $1,604 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $12,950,000
- Sold On
- March 13, 2026
- Days on Site
- 335 Days
- Bedrooms
- 4
- Total Baths
- 6
- Full Baths
- 4
- Partial Baths
- 2
- Living Area
- 6,777 sqft
- Year Built
- 2024
- Property Type
- Condo
- MLS #
- A11772496
- HOA Fees
- $13,463 / Monthly
- Subdivision
- Five Park
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Experience unparalleled luxury at Five Park, the latest architectural gem in the coveted South of Fifth neighborhood by Arquitectonica. This exclusive combo unit offers the opportunity to own a brand-new corner residence that has never been lived in before. It features 4 bedrooms, 4 bathrooms, 2 powder rooms, 2 offices, and a wraparound private terrace with 5,155 sq. ft. of sophisticated living space. The custom-designed kitchen boasts Italian oak cabinetry, sleek marble countertops, and top-of-the-line Gaggenau appliances. Enjoy world-class amenities, including exclusive beach club access, a Canopy Park, a Fitness Center, a Wellness Spa, Rooftop Pools, and an on-site Restaurant. Situated in the heart of South Beach, with easy access to fine dining, pristine beaches, and Downtown Miami.
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
- Attached Garage
- Yes
- Parking
- Assigned / Attached / Garage / Valet
- Living Sq Ft
- 6,777
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Bedroom On Main Level / Entrance Foyer / Elevator / Living Dining Room / Other / Walk In Closets / Bar
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Porch / Wrap Around / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / Other
- View
- Bay / Ocean / Water
Community & HOA
- HOA Fee
- $13,463 / Monthly
- HOA Includes
- Common Areas / Maintenance Structure / Pools / Reserve Fund / Sewer / Security / Trash
- Association Amenities
- Beach Rights / Business Center / Cabana / Clubhouse / Elevators / Fitness Center / Maintenance Grounds / Other / Playground / Pool / Sauna / Spa Hot Tub / Trails / Trash
- Security
- Security System / Elevator Secured / Fire Alarm / Secured Garage Parking / Lobby Secured / Smoke Detectors
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 2420
Schools
- Elementary School
- Miami Beach South Pointe
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
Five Park is a luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $1,000,000 to $8,000,000. Pure Equity lists homes in Five Park 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
- 12
- Median List Price
- $3,872,500
- Median $/Sq Ft
- $2,229
- Avg Days on Market
- 123
Frequently Asked Questions
- How do I schedule a tour of 501 W Ave 4201/05 4201/05, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 501 W Ave 4201/05 4201/05, 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 501 W Ave 4201/05 4201/05, Miami Beach, FL 33139 still available?
- 501 W Ave 4201/05 4201/05, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 335 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 501 W Ave 4201/05 4201/05, Miami Beach, FL 33139?
- With 20% down ($2,800,000) on the $14,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 501 W Ave 4201/05 4201/05, Miami Beach, FL 33139 is about $73,576/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 501 W Ave 4201/05 4201/05, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 501 W Ave 4201/05 4201/05, 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 501 W Ave 4201/05 4201/05, Miami Beach, FL 33139 have an HOA fee?
- Yes: 501 W Ave 4201/05 4201/05, Miami Beach, FL 33139 carries an HOA fee of about $13,463 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 501 W Ave 4201/05 4201/05, Miami Beach, FL 33139?
- 501 W Ave 4201/05 4201/05, 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 501 W Ave 4201/05 4201/05, Miami Beach, FL 33139?
- Often, yes. The right offer on 501 W Ave 4201/05 4201/05, 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 Compass Florida, LLC
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 July 1, 2026.
$12,950,000
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Listed by Ivan G Chorney, Compass Florida, LLC
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Recent Sales
Recently sold homes in Five Park
These are the last 6 recorded closings in Five Park, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,761 per square foot. The most recent closed on September 2, 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$990,000
Sold · September 2, 2026
500 Alton Road 501
1 bed · 2 bath · 1,075 sqft · $921/sqft
$36,800 under the asking price
Sold$8,450,000
Sold · August 24, 2026
501 West Avenue 4303
3 bed · 4.5 bath · 2,451 sqft · $3,448/sqft
Sold$3,000,000
Sold · August 4, 2026
500 Alton Road 2904
2 bed · 2.5 bath · 1,434 sqft · $2,092/sqft
$200,000 under the asking price
Sold$1,375,000
Sold · July 15, 2026
500 Alton Road 2004
1 bed · 1.5 bath · 1,000 sqft · $1,375/sqft
$75,000 under the asking price
Sold$6,200,000
Sold · July 6, 2026
500 Alton 2101/02 2101/02
4 bed · 5 bath · 3,521 sqft · $1,761/sqft
$625,000 under the asking price
Sold$3,150,000
Sold · July 6, 2026
500 Alton Road 901
3 bed · 3.5 bath · 2,178 sqft · $1,446/sqft
$45,000 under the asking price
See every recorded sale in Five Park or find out what your Five Park home is worth.
