Skip to content
All listings
Condominium at 500 alton  rd # 3604, Miami Beach FL 33139Active
1 / 40

Photo 1 of 40

Waterfront · Condominium
$3,250,000$2,266 / sqft

500 alton rd # 3604, Miami Beach FL 33139

2
Bedrooms
3
Bathrooms
1,434 sqft
Interior
2025
Year built
$3,226 / mo
HOA
Condominium
Type

About this home

Just listed! Stunning high-floor residence at 5 Park Residences on the 36th floor with a private foyer and breathtaking ocean, beach, and park views. Steps from Miami Beach’s top dining, shopping, and nightlife, with a private walking bridge connecting you directly to South of Fifth. Enjoy resort-style amenities including a pool, spa, state-of-the-art gym, residents’ lounge, 24/7 concierge, and direct park access. Walk everywhere. Easy to show—please call with 24-hour notice.

Features

  • Lobby
  • Built-in Features
  • Fire Sprinklers
  • Split Bedroom
  • Walk-In Closet(s)
  • East Of Us1
  • Ocean View

Location

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

Estimated loan & HOA

$19,660

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

Principal & interest
$16,434
HOA
$3,226 / 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.