Skip to content
All listings
Condominium at 500 Alton # 2203, Miami Beach FL 33139Active
1 / 36

Photo 1 of 36

Condominium
$4,290,000$1,837 / sqft

500 Alton # 2203, Miami Beach FL 33139

3
Bedrooms
4
Bathrooms
2,335 sqft
Interior
2024
Year built
$5,303 / mo
HOA
Condominium
Type

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.

Features

  • Entrance Foyer
  • Other
  • Open Balcony
  • Bay
  • Ocean View
  • Skyline

Location

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

Estimated loan & HOA

$26,996

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

Principal & interest
$21,693
HOA
$5,303 / 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
Douglas Elliman

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.