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500 Alton Rd, Unit 2004
+27 more
$1.4M

Five Park Miami Beach Unit 2004

500 Alton Rd, Unit 2004 • Miami Beach, FL 33139

at Five Park Miami Beach

Beds
1
Baths
2
Living Area
1,000 SF
Price / SF
$1,450
HOA / Monthly
$2,300
Days on Market
90

About This Unit

incredible Value | Highest-Floor 1BR at Five Park Miami Beach with Unobstructed Bay & Sunset Views Welcome to Residence 2004 at Five Park — a rare opportunity to own the highest-floor one-bedroom currently available in this iconic new Miami Beach tower. Positioned within the building’s premier 1-bedroom line, this exceptional residence captures sweeping bay views and breathtaking sunsets through dramatic floor-to-ceiling glass. The thoughtfully designed open layout is both bright and sophisticated, featuring custom California Closets throughout, automated blinds, and an upgraded Miele washer and dryer. Interiors are elevated with curated designer furnishings from Maxalto and B&B Italia, offering a seamless, turnkey living experience. No other one-bedroom in the building includes over $250,000 in couture furnishings. Residents of Five Park enjoy an unparalleled collection of resort-style amenities and services, along with effortless access to South of Fifth, the marina, world-class dining, and premier shopping destinations. This is a standout opportunity to own a high-floor, fully furnished residence in one of Miami Beach’s most sought-after new developments.

Pricing at Five Park Miami Beach — $1,450/sqft
At $1,450/sqft, Five Park Miami Beach Unit 2004 is priced below the building's typical 1BR — worth a closer look.
Five Park Miami Beach Unit 2004 vs Active Listings at Five Park Miami Beach: This condo is -1.6% lower ($24/less per sqft) than the building's active 1BR median of $1,474/sqft, based on 5 active 1BRs.
Rank: This unit's $/sqft is higher than 20% of currently-active 1BR units at Five Park Miami Beach (sample of 5).
Based on live MIAMIRE active & closed listings at Five Park Miami Beach.
Time on Market — 90 days
Five Park Miami Beach Unit 2004 is fresh to market — limited negotiating leverage at this stage.
This unit's 90 days on the market is 29 days shorter than the active 1BR median of 119 days (-24.4%).
Inventory position: 0th percentile for 1BRs currently active at this building.
Price History
Originally listed at $1,795,000. Reduced to $1,450,000 on Apr 23, 2026 (after 91 days on market) — -19.2% (−$345,000).
Estimated Monthly Cost
Mortgage (P&I)
$7,874
HOA
$2,300
Property Tax
$2,018
Total / mo
$12,191
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.67%. HOA $2.3/sqft · All-in $12.19/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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Recent Comparable Sales

Active 1BR Comps at Five Park Miami Beach

UnitListSqft$/sqftDOM
#— — 1,110 $1982 119
#— — 1,010 $1474 251
#— — 878 $1366 461
#— — 1,000 $1649 98
#— — 1,000 $1450 90
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
What to Verify
Building Age: Built in 2025 (1 years old).
Verify all of the above with the HOA before closing.
Sales History
Date Price Type
Mar 2025 $1,500,000 arm’s-length
Source: Miami-Dade Property Appraiser. This unit owns 0.4880% of the building’s common elements. County living area: 886 sqft.
Unit: 2004
Year Built: 2025
Stories: 48
City: Miami Beach
Postal Code: 33139
HOA Fee: $2,300 / Monthly
View: Bay
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 90
Listed: January 23, 2026
MLS #: A11949995

Location

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Email About This Unit
Listing courtesy of: Douglas Elliman
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11949995 • Updated Apr 23, 2026
Ricky Garcia Miami Realtor
Your Miami Insider

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Ricky Garcia  |  Global Luxury Realty  |  License #3521781

Ricky has closed deals at Five Park Miami Beach. He knows the HOA, the best floors, and which units to avoid. Get a free no-pressure market analysis before you make any offer.

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