500 Alton Rd # 501, Miami Beach FL 33139
About this home
Developer unit - 1-bedroom, 2-bath residence at Five Park, Miami Beach's most anticipated new address. Spanning 1,208 sqft (per developer), Residence 501 comes, furnished by Addison House, offering experience curated with refined taste and contemporary sophistication. Residents of Five Park enjoy unparalleled amenities: a private wellness Spa, state-of-the-art fitness center, pools, residents-only co-working lounges and a children's playroom, on-site restaurant, valet, concierge, and beach club access. Set above a 3-acre public park, Five Park offers a rare blend of urban energy and serene green space. Moments from Lincoln Road, the beach, and restaurants. A fully furnished, move-in-ready opportunity in one of Miami Beach's most architecturally significant new developments.
Features
- None
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $5,192
- HOA
- $285,916 / 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.
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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.
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.