Skip to content
All listings
Condominium at 500 Alton, Miami Beach FL 33139Active
1 / 40

Photo 1 of 40

Waterfront · Condominium
$14,900,000$2,738 / sqft

500 Alton, Miami Beach FL 33139

4
Bedrooms
5
Bathrooms
5,441 sqft
Interior
2025
Year built
$14,040 / mo
HOA
Condominium
Type

About this home

Brand-new developer COMBO UNIT — truly one-of-a-kind — featuring 4 bedrooms + media room at the Canopy Residences in Five Park Miami Beach, professionally staged by Artefacto. Enjoy resort-style living with 50,000+ sq ft of amenities including the exclusive Canopy Club with owners lounge, a 6th-floor terrace with adult and family pools, cabanas, sunset lounge and restaurant. Residents also have access to a private Beach Club in South of Fifth with umbrella and towel service, plus the 3-acre Canopy Park. Additional amenities include a fully equipped gym and yoga studio, spa with treatment rooms and sauna, business lounge/co-working spaces, screening room, children’s learning lab and teen club. Services feature 24-hr concierge and butler, valet, bike storage, EV Moke shuttle to the beach, and high-speed fiber-optic internet.

Features

  • Entrance Foyer
  • Pantry
  • Walk-In Closet(s)
  • Ocean View

Location

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

Estimated loan & HOA

$89,383

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

Principal & interest
$75,343
HOA
$14,040 / 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.