Atlantic Luxury Advisors
Under contract. Ask us to watch it: if it comes back on the market, you hear first.
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36 photos

500 Alton #2203

Miami Beach, FL 33139

$4,290,000
3
4
2,335 sq ft
2024
2 car
Condominium
$5,303/mo
215
Active Under Contract

Listing courtesy of Douglas Elliman (Anca Mirescu). Contact: [email protected].

About this home

Never-lived-in, spacious 3 bedroom, 4 bathroom residence with 10 ft ceilings at Five Park - the newest luxury residential tower in Miami Beach. 2,335 sq ft of interior space, complemented by oversized balconies. Beautiful sunset views. Large walk in closet in primary bedroom, white oak Italian kitchen with quartzite countertops and Gaggenau appliances, marble primary bathroom with tub and separate shower, laundry room. Five Park is a full service luxury building, offering its residents all amenities including private beach club via house car, 2 pools, gym, spa, on-site restaurant and more. Most sought-after location in Miami due to proximity to restaurants, beach, parks, gyms etc. New building, opened in November 2024.

What it costs to own
Estimated monthly payment
$36,226/mo
Principal and interest
$21,693
Property tax
$6,547
Homeowners insurance
$2,683
HOA
$5,303

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
$78,560/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
$5,303/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.