Atlantic Luxury Advisors
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33 photos

500 Alton Rd #1602

Miami Beach, FL 33139

$2,599,000
2
2.5
1,201 sq ft
2025
1 car
Condominium
$3,150/mo
144
Active

Listing courtesy of AFS Living (Alessandro Saponaro). Contact: [email protected].

About this home

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.

What it costs to own
Estimated monthly payment
$21,858/mo
Principal and interest
$13,142
Property tax
$3,941
Homeowners insurance
$1,625
HOA
$3,150

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$47,295/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$3,150/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.