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Condominium at 500 Alton Rd # 2903, Miami Beach FL 33139Active
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Condominium
$7,500,000$2,868 / sqft

500 Alton Rd # 2903, Miami Beach FL 33139

4
Bedrooms
5
Bathrooms
2,615 sqft
Interior
2025
Year built
$1,079 / mo
HOA
Condominium
Type

About this home

Elevate your lifestyle to unprecedented heights at FIVE PARK Canopy Residence 2903 where sophistication meets panoramic sunsets, sunrises, and views of the Miami skyline and the ocean. Unique corner residence featuring 1,000-SF wrapround terrace, immense living spaces, Italkraft kitchen, Gaggenau appliances, 10-FT ceilings, smart control, and built-in closets, blackouts, shades, and TVs in all bedrooms. The exclusive Canopy Club is residents-only, full-service Members Club offering social spaces, private dining room, jewel box bar and lounge, library, wellness areas. On 6th floor, additional amenities include pool, fitness studio, restaurant with in-residence dining. Enjoy private beach club, Canopy Park in your backyard, and steps to Miami Beach Marina, dining, South Pointe Park, beaches.

Features

  • Closet Cabinetry
  • Elevator
  • Volume Ceilings
  • Open Balcony
  • Bay
  • Garden View
  • Ocean View

Location

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

Estimated loan & HOA

$39,003

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

Principal & interest
$37,924
HOA
$1,079 / 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
BHHS EWM Realty

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.