$18,500,000
Sold · January 30, 2026
501 West Avenue PH4701
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
- $18,500,000
- Vs. list price
- 11.9% under
- Days on market
- 193
- Price per sq ft
- $3,053
This 5-bedroom condo in Five Park Condo sold for $18,500,000 on January 30, 2026. That was 11.9% below its final list price of $21,000,000. It spent 193 days on the market. At $3,053 per square foot, it closed 72.6% above the $1,769 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $18,500,000
- Sold On
- January 30, 2026
- Days on Site
- 193 Days
- Bedrooms
- 5
- Total Baths
- 7
- Full Baths
- 6
- Partial Baths
- 1
- Living Area
- 6,060 sqft
- Total Sq Ft
- 7,923 sqft
- Year Built
- 2025
- Property Type
- Condo
- MLS #
- A11840802
- HOA Fees
- $15,120 / Monthly
- Subdivision
- Five Park Condo
- County
- Miami Dade
- Status
- Sold
About This Property
The LAST remaining Penthouse at Five Park Miami Beach. Fully furnished (price reflects unfurnished) residence featuring 5 beds + media room with 6.5 baths, 11 ft+ ceilings. 6000 sq ft of interior space, complemented by 1,868 sq ft of wraparound terrace. Sweeping views of magical sunsets over the Miami skyline, and sunrises over the Ocean. Open living space meticulously designed and detailed by Meyer Davis is equally suited for lavish entertainment and serene contemplation. Five Park is the newest luxury residential tower in Miami Beach, delivered Nov 2024. It offers its residents amenities including private beach club, 2 pools, gym, spa, on-site restaurant and the exclusive 26th floor Canopy Club. Most sought-after location due to proximity to restaurants, beach, parks etc.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 2025
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 48
- Garage Spaces
- 4
- Parking
- Valet
- Living Sq Ft
- 6,060
- Total Sq Ft
- 7,923
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central / Electric
- Flooring
- Marble / Tile / Wood
- Interior Features
- Bedroom On Main Level / Closet Cabinetry / Elevator / Kitchen Island / Other / Walk In Closets / Bar
Exterior Features
- Exterior Features
- Balcony / Lighting / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- View
- Bay / City / Ocean
Community & HOA
- HOA Fee
- $15,120 / Monthly
- Association Amenities
- Bike Storage / Business Center / Cabana / Elevators / Fitness Center / Maintenance Grounds / Other / Playground / Pool / Sauna
- Security
- Security System / Elevator Secured / Secured Garage Parking / Key Card Entry / Lobby Secured / Security Guard
- 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
- 10
- Under Contract
- 0
- Median List Price
- $3,872,500
- Median $/Sq Ft
- $2,229
- Avg Days on Market
- 119
Frequently Asked Questions
- How do I schedule a tour of 501 West Avenue PH4701, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 501 West Avenue PH4701, 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 West Avenue PH4701, Miami Beach, FL 33139 still available?
- 501 West Avenue PH4701, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 193 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 West Avenue PH4701, Miami Beach, FL 33139?
- With 20% down ($4,200,000) on the $21,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 501 West Avenue PH4701, Miami Beach, FL 33139 is about $110,364/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 West Avenue PH4701, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 501 West Avenue PH4701, 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 West Avenue PH4701, Miami Beach, FL 33139 have an HOA fee?
- Yes: 501 West Avenue PH4701, Miami Beach, FL 33139 carries an HOA fee of about $15,120 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 West Avenue PH4701, Miami Beach, FL 33139?
- 501 West Avenue PH4701, 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 West Avenue PH4701, Miami Beach, FL 33139?
- Often, yes. The right offer on 501 West Avenue PH4701, 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 July 1, 2026.
$18,500,000
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Listed by Angelica Garcia, Douglas Elliman
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Recent Sales
Recently sold homes in Five Park Condo
These are the last 6 recorded closings in Five Park Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,777 per square foot. The most recent closed on October 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$4,150,000
Sold · October 2, 2026
500 Alton 2203
3 bed · 4 bath · 2,335 sqft · $1,777/sqft
$140,000 under the asking price
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
See every recorded sale in Five Park Condo or find out what your Five Park Condo home is worth.
