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Condominium at 500 Alton Rd # 2207, Miami Beach FL 33139Active
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Waterfront · Condominium
$2,325,000$1,602 / sqft

500 Alton Rd # 2207, Miami Beach FL 33139

2
Bedrooms
3
Bathrooms
1,451 sqft
Interior
2024
Year built
$2,909 / mo
HOA
Condominium
Type

About this home

Experience luxury at Five Park, South of Fifth’s newest landmark by Arquitectonica. The open floorplan features 10-foot floor-to-ceiling windows, showcasing stunning ocean and city views. The custom kitchen includes Italian oak cabinetry, marble countertops, and Gaggenau appliances. The primary suite offers breathtaking views and a spacious walk-in closet. Amenities include a private beach club, Canopy Park, fitness center, wellness spa, rooftop pools, kids’ room, private offices, and on-site dining. Steps from world-class dining, beaches, and Downtown Miami.

Features

  • Lobby
  • Entrance Foyer
  • Other
  • East Of Us1
  • Ocean View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$14,665

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$11,756
HOA
$2,909 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Coldwell Banker Realty

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.