All listings
Active
Active1 / 40
Photo 1 of 40
Waterfront · Condominium
$4,999,000$1,990 / sqft
500 Alton Rd # 2105, Miami Beach FL 33139
Listed
3
Bedrooms
4
Bathrooms
2,512 sqft
Interior
2025
Year built
$5,750 / mo
HOA
Condominium
Type
About this home
Just bring your toothbrush! 3 bedroom, 3.5 bath residence at Five Park offers a rare combination layout with a spectacular 1,000 square foot terrace and breathtaking 180 degree views of Biscayne Bay and the Atlantic Ocean. An open chef’s kitchen, and expansive living spaces. The primary suite is complemented by one of the most impressive walk-in closets, designed for elevated everyday living. Located in the heart of South Beach, the building is within walking distance of top restaurants, Whole Foods, the marina, and shopping on Lincoln Road. Enjoy world class amenities including a spa and wellness center, state of the art fitness facility, co-working spaces, concierge and valet services, screening room, café, and exclusive access to a residents only beach club in South of Fifth. Experience elevated luxury living at Five Park, South of Fifth’s newest architectural landmark.
Features
- Closet Cabinetry
- Cooking Island
- Other
- Walk-In Closet(s)
- Open Balcony
- Intracoastal View
- Ocean View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals in Miami Beach, from 103 active listings; the middle half ask $9,000–$38,000.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.