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Condominium
$10,875,000$3,413 / sqft
500 Alton Rd # 4401, Miami Beach FL 33139
Listed
4
Bedrooms
4
Bathrooms
3,186 sqft
Interior
2024
Year built
$8,526 / mo
HOA
Condominium
Type
About this home
An ultra-exclusive corner residence at Five Park offering 3,200 SF of interior living space and 1,100 SF of wraparound terraces. Positioned on a high floor just below the penthouses, this exceptional home showcases breathtaking 180° views of the Atlantic Ocean, Miami skyline, South of Fifth, and Fisher Island through dramatic floor-to-ceiling glass and soaring 12’ ceilings. Recently reimagined into a spacious 3-bedroom layout, the residence now features a fully redesigned chef’s kitchen that enhances the flow of the home while opening up even more spectacular skyline views. Thoughtfully upgraded throughout with an Apple Smart Home system, custom-built closets, electric blinds, and a beautifully renovated primary bath. As part of the exclusive Canopy Collection, residents enjoy privileged access to the private 26th-floor Canopy Club, along with Five Park’s world-class amenities including two resort-style pools, state-of-the-art fitness center, spa, beach club, restaurant, concierge services, and more—all just moments from South of Fifth in Miami Beach’s newest iconic luxury tower.
Features
- Built-in Features
- Entrance Foyer
- Other
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Utility Room/Laundry
- East Of Us1
- Open Balcony
- Bay
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 4-bed rentals in Miami Beach, from 12 active listings; the middle half ask $45,000–$60,000.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.