One of only 98 residences in Miami Beach's tallest tower — and among the rare few transformed well beyond developer specification. Residence 1601 has been meticulously renovated by 1883 Studio, a boutique firm with a portfolio of Miami's most celebrated luxury properties. Every detail elevated: bespoke millwork, curated designer lighting, and custom wall paneling throughout. The work is done — move in and live it from day one. The corner position delivers simultaneous Atlantic Ocean, Biscayne Bay, and Miami skyline views — sunrises over open water, sunsets over the city. Gaggenau kitchen, custom cabinetry, spa-caliber bathrooms, private elevator entry, and 10-foot ceilings throughout. Five Park amenities include private Beach Club, resort-style pool deck, spa, and fitness center. South Pointe Park, the marina, and South of Fifth's finest dining steps away. Seller is motivated and ready — serious buyers are encouraged to engage. Offered furnished or unfurnished.
For sale
Price cut: $125K (3/5)
$4,250,000
500 Alton Rd Unit 1601, Miami Beach, FL 33139
3beds
2,178sqft
Est.:
Condominium
Built in 2025
-- sqft lot
$4,012,300 Zestimate®
$1,951/sqft
$5,298/mo HOA
What's special
Private elevator entryCustom cabinetryBespoke millworkSunrises over open waterSunsets over the cityCurated designer lightingCustom wall paneling throughout
- 113 days |
- 480 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: March 23, 2026 at 05:54pm
Listed by:
David Sherman 917-859-1695,
Compass Florida, LLC,
Elise Roberts-Messing 917-689-2734,
Compass Florida, LLC
Source: MIAMI,MLS#: A11923113
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Self Cleaning Oven, Oven, Washer
Features
- Closet Cabinetry, Custom Mirrors, Elevator, Entrance Foyer, Volume Ceilings, Walk-In Closet(s)
- Doors: High Impact Doors
- Windows: Blinds, Other Windows, Sliding
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 3,086
- Total interior livable area: 2,178 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: 2 Or More Spaces, Guest
- Garage spaces: 2
Features
- Entry location: Foyer
- Exterior features: Balcony
- Pool features: Association
- Spa features: Community
- Has view: Yes
- View description: Bay, Ocean
- Has water view: Yes
- Water view: Bay,Ocean
Details
- Parcel number: 0242040150090
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction, CBS Construction
Condition
- Year built: 2025
Community & HOA
Community
- Security: Smoke Detector, Other
- Application fee: $150
- Pet fee: $0
- Subdivision: Five Park
HOA
- Has HOA: Yes
- Amenities included: Bar, Clubhouse-Clubroom, Community Room, Fitness Center, Other, Other Membership Available, Pool, Spa/Hot Tub
- HOA fee: $5,298 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $1,951/sqft
- Annual tax amount: $54,652
- Date on market: 12/1/2025
- Listing terms: All Cash,Conventional
Estimated market value
$4,012,300
$3.81M - $4.21M
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Price change | $4,250,000-2.9%$1,951/sqft |
Source:  MIAMI #A11923113 Report a problem | ||
| 2/2/2026 | Price change | $4,375,000-4.9%$2,009/sqft |
Source: MIAMI #A11923113 Report a problem | ||
| 12/2/2025 | Listed for sale | $4,600,000$2,112/sqft |
Source: MIAMI #A11923113 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$33,478/mo
Principal & interest
$21663
Property taxes
$6517
HOA Fees
$5298
More affordability tools
Climate risks
Neighborhood: Flamingo Lummus
Nearby schools
GreatSchools rating
- 9/10South Pointe Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 2.8 mi
- 4/10Miami Beach Senior High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: South Pointe
- Middle: Nautilus
- High: Miami Beach
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 33139
- Florida
- Miami-Dade County
- Miami Beach
- 33139
- Flamingo Lummus
- 500 Alton Rd Unit 1601
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