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Condominium
$4,695,000$2,384 / sqft
500 Alton Rd # 3605, Miami Beach FL 33139
Listed
3
Bedrooms
4
Bathrooms
1,969 sqft
Interior
2025
Year built
$4,347 / mo
HOA
Condominium
Type
About this home
Welcome to Five Park, an exceptional luxury residence that redefines upscale living. With private elevator access, you step directly into your home, ensuring both convenience and privacy. Enjoy breathtaking northeast views stretching from Sunny Isles to South of Fifth, providing an ever-changing backdrop of Miami Beaches vibrant skyline. The residence features soaring 12-foot ceilings and floor-to-ceiling glass, creating an airy, light-filled environment. Designed for comfort and luxury, it offers three bedrooms and 3.5 baths, making it perfect for families or entertaining guests. As part of the exclusive **Canopy Collection**, residents have access to an array of world-class facilities, including the Canopy Club on the 26th floor, resort-style pools, a state-of-the-art fitness center, a spa, a beach club, and a restaurant—all just moments away from South of Fifth. With concierge services tailored to meet your needs, this luxury tower in Miami Beach is more than just a residence; it’s a lifestyle choice that offers unparalleled amenities and stunning views.
Features
- Lobby
- Bar
- Cooking Island
- Elevator
- Pantry
- Split Bedroom
- Volume Ceilings
- Walk-In Closet(s)
- 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 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.