Atlantic Luxury Advisors
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44 photos

500 Alton Rd #2105

Miami Beach, FL 33139

$4,999,000
3
3.5
2,512 sq ft
2025
2 car
Condominium
$5,750/mo
Yes
34
Active

Listing courtesy of Douglas Elliman (Nicholas Jovanovich). Contact: [email protected].

About this home

Just bring your toothbrush! 3 bedroom, 3.5 bath residence at Five Park offers a rare combination layout with a spectacular 1,000 square foot terrace and breathtaking 180 degree views of Biscayne Bay and the Atlantic Ocean. An open chef’s kitchen, and expansive living spaces. The primary suite is complemented by one of the most impressive walk-in closets, designed for elevated everyday living. Located in the heart of South Beach, the building is within walking distance of top restaurants, Whole Foods, the marina, and shopping on Lincoln Road. Enjoy world class amenities including a spa and wellness center, state of the art fitness facility, co-working spaces, concierge and valet services, screening room, café, and exclusive access to a residents only beach club in South of Fifth. Experience elevated luxury living at Five Park, South of Fifth’s newest architectural landmark.

What it costs to own
Estimated monthly payment
$41,792/mo
Principal and interest
$25,278
Property tax
$7,639
Homeowners insurance
$3,125
HOA
$5,750

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
$91,669/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
$5,750/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.