500 Alton Rd · Miami Beach, FL 33139 · South Beach

Five Park

48-story tower, completed 2024, 132 residences in South Beach. 14 for sale and 5 for rent on Nov 2, 2026.

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At a glance Five Park (500 Alton Rd, South Beach) is a 48-story, 132-unit building completed in 2024. As of Nov 2, 2026, 14 units are for sale and 5 are for rent; the median closed price was $1,607 per square foot over 25 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

6 photos from my condo archive

For sale
14
For rent
5
Median $/SF
$1,60725 sales · 12 mo
Sold
27last 12 months
Built
2024
Floors
48
Residences
132county
Flood zone
AEFEMA
Owner-occupied
51%
Avg. unit
1,376sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Five Park.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

For sale 14 listings · Nov 2, 2026

Unit 4501$23,500,000$3,917/SF6 bd · 7.5 ba · 6,000 sf48 days listed · $16,189/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit 3402.03$14,900,000$2,738/SF4 bd · 4.5 ba · 5,441 sf279 days listed · $14,040/mo HOA · listed by Douglas EllimanFull listing →Unit 4401$10,875,000$3,413/SF4 bd · 3.5 ba · 3,186 sf77 days listed · $8,526/mo HOA · listed by Douglas EllimanFull listing →Unit 2318$10,500,000$2,983/SF4 bd · 5 ba · 3,520 sf14 days listed · $7,510/mo HOA · listed by BHHS EWM RealtyFull listing →Unit 2105$4,999,000$1,990/SF3 bd · 3.5 ba · 2,512 sf34 days listed · $5,750/mo HOA · listed by Douglas EllimanFull listing →Unit 1601$3,999,999$1,837/SF3 bd · 3.5 ba · 2,178 sf29 days listed · $5,298/mo HOA · listed by Douglas EllimanFull listing →Unit 1001$3,745,000$1,719/SF3 bd · 3.5 ba · 2,178 sflisted today · $5,251/mo HOA · listed by Douglas EllimanFull listing →Unit 3604$3,250,000$2,266/SF2 bd · 2.5 ba · 1,434 sf440 days listed · $3,226/mo HOA · listed by Douglas EllimanFull listing →Unit 2402$2,750,000$2,258/SF2 bd · 2.5 ba · 1,218 sf188 days listed · $3,236/mo HOA · listed by WIRE MiamiFull listing →Unit 1602$2,495,000$2,077/SF2 bd · 2.5 ba · 1,201 sf275 days listed · $3,150/mo HOA · listed by AFS LivingFull listing →Unit 802$2,200,000$1,982/SF1 bd · 1.5 ba · 1,110 sf17 days listed · $2,952/mo HOA · listed by Interealty Exchange IncFull listing →Unit 2108$1,650,000$2,257/SF1 bd · 1.5 ba · 731 sf133 days listed · $3,200/mo HOA · listed by Dezer Platinum Realty LLCFull listing →Unit 1204$1,575,000$1,575/SF1 bd · 1.5 ba · 1,000 sf1 day listed · $2,004/mo HOA · listed by Coldwell Banker RealtyFull listing →Unit 506$930,000$1,099/SF1 bd · 2 ba · 846 sf9 days listed · $2,235/mo HOA · listed by One Sotheby's International RealtyFull listing →

Under contract 4

  • Unit 3605$4,695,000 · 3 bd
  • Unit 502$908,160 · 1 bd
  • Unit 3004$18,500/mo · 2 bd
  • Unit 1506$9,500/mo · 1 bd

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139

Five Park, floor by floor.

Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.

102 units seen · MLS via Bridge IDX · as of Nov 2, 2026
  • For sale 12
  • Under contract 4
  • For rent 4
  • Sold or leased, last 12 months 49
  • Seen in the MLS before that 33
  • No MLS record seen 225
01020304050607084754540353025201510010203040506070847540353025201510Floor 48: no unit seen in the MLSFloor 48: no unit seen in the MLSFloors 1 to 4: no unit seen in the MLSFloors 1 to 4: no unit seen in the MLS

Tap a unit to read its record here. Amber and white units open their listing page.

Units seen102of 132 residences on record
Floors with units36floors 5 to 47
Lines8stacks of units, by number

Closed $/SF by height sales in the 24 months to Nov 2, 2026

Upper floorsfloors 33 to 47$2,615/SF · 15 sales
Middle floorsfloors 20 to 32$1,886/SF · 14 sales
Lower floorsfloors 5 to 19$1,543/SF · 17 sales

Closed $/SF figures use the 46 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.

Line 03 closed highest per square foot: a median $2,486/SF over 11 sales in 24 months. The largest typical unit is line 01, a median 3,186 sf over 15 units seen, recorded with 3 bedrooms.

The lines what the MLS record holds for each stack of units
LineUnits seenTypical sizeBedsOn the marketClosed $/SF · 24 mo
Line 01153,186 sf35$1,745 10 sales
Line 02162,930 sf34$2,108 5 sales
Line 03152,394 sf3–$2,486 11 sales
Line 04201,325 sf24$1,836 6 sales
Line 05101,966 sf33$1,899 6 sales
Line 0671,010 sf12$1,314 4 sales
Line 0761,451 sf2–2 sales, too few
Line 0813768 sf122 sales, too few

4 units in the record sit outside this grid (2101/02, 2305/06, 2318, 3402.03): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.

How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.

Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made

The read on Five Park.

Activity as of Nov 2, 2026
  • Resale -16%. The median closed price moved from $1,900/SF in 2024 (3 sales) to $1,603/SF in 2026 (21 sales), the first and last years with three or more recorded sales.
  • Gross rental yield 7.7%. A year of rent at the median $10.25/SF/mo (35 leases) against the median $1,607/SF sale (25 sales), both over 12 months, before HOA, taxes and vacancy.
  • Asks run +35% against closings. Sellers ask a median $2,167/SF (14 listings) against $1,607/SF closed (25 sales, 12 months). That gap is negotiation room. Bring the comps.
  • Sells in a median 117 days. Days on market across the 27 sales closed in the last 12 months.

Where it ranks citywide, condo buildings in 17 Miami neighborhoods

  • #5 of 584 · highest sales turnover36.4% of units sold in 24 months · n 48 · Oct 2024 to Sep 2026

See the full rankings · How rankings are made

Read the full record 4 paragraphs and 16 facts, every figure from the MLS and county record

Five Park is a 48-story tower at 500 Alton Rd in South Beach, completed in 2024. The Miami-Dade Property Appraiser lists 132 residential units, averaging 1,376 SF of living area. It was developed by Terra and designed by Arquitectonica. Interiors are by Gabellini Sheppard Associates. The condo archive records it as waterfront (no / across water). No South Beach building in the atlas has more recorded floors. No South Beach building in the atlas has a later completion year. It is one of two buildings recorded under the Five Park name.

On November 2, 2026, 14 units were listed for sale, asking $930K to $24M (median ask $2,167/SF across 14 listings). Two more were under contract. 27 sales closed between November 2, 2025 and November 2, 2026, from $990K to $6.8M, a median $1,607/SF (over the 25 with a recorded size), after a median 117 days on the market. In the 12 months before that, 22 sales closed at a median $2,210/SF, so the median fell 27%. The MLS holds 49 closed sales here going back to 2024; among years with three or more sales, 2025 set the high at a median $1,980/SF. That 12-month median ranks 11th of the 83 South Beach buildings with at least three sales in the same window. Three-bedroom-plus units made up 28 of the 49 sales in the last 24 months, at a median $5,549,955.

Five units were offered for rent at $7,500 to $125,000 a month. 36 leases were signed over the same 12 months, at a median $13,388 a month (range $7,000 to $55,000).

About 51% of the residences are owner-occupied according to county records. Association rules on file: pets yes (owners & tenants); no short-term rentals; minimum lease 6 months; up to two leases a year. The association is managed by KW Property Management & Consulting. I have two of its association documents on file, including the Amendments to the Declaration and the Declaration of Condominium.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
500 Alton Rd, Miami Beach 33139
Neighborhood
South Beach
Developer
Terra
Architect
Arquitectonica
Interior design
Gabellini Sheppard Associates
Management
KW Property Management & Consulting
Front desk / mgmt
(786) 289-8671 Ext 100
Year built
2024
Floors
48
Residences (county-verified)
132
Owner-occupied
51% of residences
Avg. unit size
1,376 sq ft
Total living area
181,571 sq ft
County condo folios
132
Waterfront
No / Across Water
Recorded MLS listings
123

The numbers at Five Park.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2024 to 2026. Count in the tooltip.

$990$1,980$1,9002024$1,9802025$1,6032026$990$1,980$1,9002024$1,9802025$1,6032026
Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)21$1,60322$14,750/mo
202525$1,98036$11,500/mo
20243$1,900––

Closed $/SF by unit size

Median $/SF of the sales in the 12 months to Nov 2, 2026, with the count beside each bar.

1 bedroom$1,361/SF · 6 sales
2 bedrooms$1,676/SF · 5 sales
3+ bedrooms$1,883/SF · 16 sales

Medians need three or more sales. How these numbers are made

Show all closings 49 sales · 58 leases on record since 2024

Closed sales Nov 2, 2024 to Nov 2, 2026 · 49

UnitBDBASFAskedClosed$/SFClose dateDOM
2203342,335$4,290,000$4,150,000$1,777Oct 2, 2026209
220722.51,451$2,325,000$2,280,000$1,571Sep 29, 2026220
501121,075$1,026,800$990,000$921Sep 2, 2026119
190611.51,010$1,489,000$1,360,000$1,347Sep 1, 202651
290422.51,434$3,200,000$3,000,000$2,092Aug 4, 202646
200411.51,000$1,450,000$1,375,000$1,375Jul 15, 2026160
90133.52,178$3,195,000$3,150,000$1,446Jul 6, 2026115
180222.51,357$2,350,000$2,100,000$1,548Jun 16, 202667
350334.52,615$7,200,000$6,674,000$2,552Jun 5, 202626
360233.52,930$6,450,000$6,175,000$2,108Jun 1, 2026360
903341,991$3,645,000$3,400,000$1,708May 12, 202656
80333.52,335$3,600,000$3,350,000$1,435May 7, 2026229
280233.52,930$6,300,000$5,950,000$2,031Apr 7, 2026113
230334–$4,680,000$4,200,000–Mar 23, 2026117
100522.51,516$2,850,000$2,700,000$1,781Feb 5, 2026356
80722.5–$2,095,000$1,950,000–Feb 5, 2026161
360334.52,451$7,200,000$6,750,000$2,754Jan 16, 2026190
320144.53,186$6,500,000$6,000,000$1,883Jan 13, 2026310
2305/0633.52,526$4,420,000$4,050,000$1,603Jan 12, 2026107
100611.51,010$1,250,000$1,150,000$1,139Jan 8, 202682
230411.5886$1,504,500$1,400,000$1,580Jan 8, 202670
390533.51,969$3,765,000$3,735,000$1,897Dec 26, 2025364
330334.52,615$6,790,000$6,500,000$2,486Dec 23, 2025288
80133.52,178$2,995,000$2,900,000$1,331Dec 16, 2025238
120133.52,178$3,875,000$3,500,000$1,607Dec 11, 202598
1803341,991$4,230,000$3,900,000$1,959Dec 9, 202582
190411.5875$1,430,000$1,350,000$1,543Dec 1, 202550
200522.51,389$3,345,000$2,750,000$1,980Oct 2, 202564
390144.53,186$7,200,000$6,862,500$2,154Sep 18, 2025183
200811.5878$1,386,000$1,332,700$1,518Sep 12, 202524

The 30 most recent of 49. All 49 recorded sales open in the interactive table.

Leases signed Nov 2, 2025 to Nov 2, 2026 · 36

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
2101/02453,535$60,000/mo$55,000/mo$15.56Oct 7, 2026244
290344.52,615$47,500/mo$45,000/mo$17.21Oct 2, 202614
170811.5–$8,500/mo$8,500/mo–Sep 22, 202676
80811.5732$7,500/mo$7,000/mo$9.56Sep 15, 2026136
330422.51,434$17,500/mo$15,000/mo$10.46Sep 15, 202641
90811.5878$7,500/mo$7,500/mo$8.54Aug 21, 2026193
170722.51,451$16,000/mo$15,000/mo$10.34Aug 17, 2026119
120522.51,516$16,000/mo$14,250/mo$9.40Aug 7, 202631
250411.5854$9,200/mo$8,750/mo$10.25Aug 3, 202698
160133.52,187$24,500/mo$24,500/mo$11.20Aug 1, 202685
220543.52,512$24,495/mo$21,000/mo$8.36Jul 31, 2026123
140222.51,201$10,000/mo$10,000/mo$8.33May 30, 202645
1203342,335$27,500/mo$23,500/mo$10.06May 15, 2026108
100611.51,010$8,000/mo$7,800/mo$7.72Apr 13, 202624
190411.5875$8,700/mo$8,700/mo$9.94Apr 1, 2026127

The 15 most recent of 36.

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Five Park.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

Rules · verified

What Five Park allows

Short-term / Airbnb
Not allowed
Minimum lease
6 months
Leases per year
2
4 more
Pets
Yes (Owners & Tenants)
Pool hours
Sunrise to 10:00pm
Gym hours
24/7
EV charging
Available

Rules change: I confirm the current bylaws and application requirements before you write an offer or sign a lease.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Due 2054

Due by statute by December 31, 2054, 30 years after 2024, then every 10 years.

What the deadline means
  • Miami-Dade sets 25 years for condo buildings within three miles of the coastline, which would be December 31, 2049.
  • Based on year built 2024 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Five Park

5 more nearby

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Five Park's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at Five Park lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group