HomeCondos for SaleFive Park Miami BeachUnit 1602
500 Alton Rd, Unit 1602
+25 more
$2.6M

Five Park Miami Beach Unit 1602

500 Alton Rd, Unit 1602 • Miami Beach, FL 33139

at Five Park Miami Beach

Beds
2
Baths
3
Living Area
1,201 SF
Price / SF
$2,164
HOA / Monthly
$3,150
Days on Market
100

About This Unit

Discover this beautifully appointed 2-bedroom, 2 full bath + powder room residence at Five Park Miami Beach, the iconic new luxury tower redefining the skyline as the gateway to Miami Beach. Residence 1602 offers an expansive layout with 1,357 SQFT of interior living space and a remarkable 279 SQFT private terrace, providing panoramic views of Miami Beach and the Atlantic Ocean. The residence is thoughtfully decorated by a renowned interior designer, featuring custom lighting, elegant wallpapers, and a stunning custom dining table, complementing the impeccable design and top-tier finishes throughout. These include Italian oak cabinetry, quartzite countertops, high-end appliances, and soaring 10-foot ceilings that create an open, airy atmosphere. This exceptional residence boasts floor-to-ceiling windows, a flowing open-concept living and dining area, and a total of 1,636 SQFT of combined indoor and outdoor space.

Pricing at Five Park Miami Beach — $2,164/sqft
Five Park Miami Beach Unit 1602 is listed at $2,164/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Five Park Miami Beach.
Time on Market — 100 days
Five Park Miami Beach Unit 1602 has been on the market for 100 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $2,700,000. Reduced to $2,599,000 on Apr 15, 2026 (after 115 days on market) — -3.7% (−$101,000).
Estimated Monthly Cost
Mortgage (P&I)
$14,113
HOA
$3,150
Property Tax
$2,859
Total / mo
$20,122
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.32%. HOA $2.62/sqft · All-in $16.75/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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That's (305) 337-4259 • Available 7 days a week
What to Verify
Building Age: Built in 2025 (1 years old).
Verify all of the above with the HOA before closing.
Unit: 1602
Year Built: 2025
Stories: 53
City: Miami Beach
Postal Code: 33139
HOA Fee: $3,150 / Monthly
View: Ocean View
Waterfront: No
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 100
Listed: December 22, 2025
MLS #: A11934301

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: AFS Living
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11934301 • Updated Apr 23, 2026 • Photos uploaded 127 days ago — check listing for current condition.