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Waterfront · Condominium
$908,160$1,028 / sqft

500 Alton Rd # 502, Miami Beach FL 33139

1
Bedrooms
2
Bathrooms
883 sqft
Interior
2025
Year built
$2,332 / mo
HOA
Condominium
Type

About this home

Residence 02 at Five Park Miami Beach: 1 Bed, 2 Baths, 1,056 sqft. Unit 502. Discover elevated coastal living in this spacious new construction residence within Miami Beach’s iconic 48-story tower. Thoughtfully designed with refined finishes, 10 ft ceilings, and top-of-the-line appliances, this home offers luxury, comfort, and access to FIVE PARK’s world-class amenities, including a FULL SERVICE BEACH CLUB in South of Fifth.

Features

  • Built-in Features
  • Elevator
  • Entrance Foyer
  • Walk-In Closet(s)
  • Courtyard
  • Bay

Estimated loan & HOA

$6,924

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

Principal & interest
$4,592
HOA
$2,332 / 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.