Atlantic Luxury Advisors
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500 Alton Rd #4401

Miami Beach, FL 33139

$10,875,000
4
3.5
3,186 sq ft
2024
3 car
Condominium
$8,526/mo
77
Active

Listing courtesy of Douglas Elliman (Monika Kamardinov). Contact: [email protected].

About this home

An ultra-exclusive corner residence at Five Park offering 3,200 SF of interior living space and 1,100 SF of wraparound terraces. Positioned on a high floor just below the penthouses, this exceptional home showcases breathtaking 180° views of the Atlantic Ocean, Miami skyline, South of Fifth, and Fisher Island through dramatic floor-to-ceiling glass and soaring 12’ ceilings. Recently reimagined into a spacious 3-bedroom layout, the residence now features a fully redesigned chef’s kitchen that enhances the flow of the home while opening up even more spectacular skyline views. Thoughtfully upgraded throughout with an Apple Smart Home system, custom-built closets, electric blinds, and a beautifully renovated primary bath. As part of the exclusive Canopy Collection, residents enjoy privileged access to the private 26th-floor Canopy Club, along with Five Park’s world-class amenities including two resort-style pools, state-of-the-art fitness center, spa, beach club, restaurant, concierge services, and more—all just moments from South of Fifth in Miami Beach’s newest iconic luxury tower.

What it costs to own
Estimated monthly payment
$87,009/mo
Principal and interest
$54,990
Property tax
$16,693
Homeowners insurance
$6,800
HOA
$8,526

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
$200,312/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
$8,526/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.