$17,500,000
Miami Beach, FL 33139
MLS# A11694331
Status: Closed
4 beds | 7 baths
1 / 91
Property Description
One of the most remarkable residences in Miami - stunning lower Penthouse at Five Park, featuring 4 beds, 6.5 baths, office and media room. 11 ft+ ceilings. 5,888 sq ft of interior space, complemented by 1,868 sq ft of wraparound terrace. Sweeping views of magical sunsets over the Miami skyline, and sunrises over the Ocean. Open living space meticulously designed and detailed by Meyer Davis is equally suited for lavish entertainment and serene contemplation. Five Park is the newest luxury residential tower in Miami Beach, delivered Nov 2024. It offers its residents amenities including private beach club, 2 pools, gym, spa, on-site restaurant and the exclusive 26th floor Canopy Club. Most sought-after location due to proximity to restaurants, beach, parks etc.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2024-11-15
Status: Closed
Original List Price: 20000000
Sold Price: $17,500,000
Current Price: $17,500,000
Occupant Type: Vacant
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 500
Street Name: Alton
Unit Number: PH4702
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Zip: 33139
Subdivision Name: FIVE PARK
Area: 2420
Parcel Number: 0242030060018
General Property Information
Unit Floor #: 47
Property Sub Type: Condominium
Bedrooms Total: 4
Bathrooms Total: 7
Bathrooms Full: 6
Bathrooms Half: 1
Living Area Main: 5888
Year Built: 2024
Garage YN: 1
Garage Spaces: 4
Covered Spaces: 4
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 48
Financial Information
Association YN: 1
Association Fee: 15120
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 15120
Membership Fee Required YN: No
Tax Year: 2023
Tax Legal Description: AQUARIUM SITE AMD PB 21-83 LOTS 1 THRU 8 & LOTS 13 THRU 19 LESS ST RD 5 & ALLEY LYG BET & ADJ THEREOF CLOSED PER RES 2005-25869 & LOTS 9 THR
Status Change Information
Major Change Timestamp: 2025-07-15T20:02:51Z
Major Change Type: Status Change
Status Change Date: 2025-07-15
Under Contract Date: 2025-06-13
Close Date: 2025-07-15
Close Price: 17500000
Buyer Financing: Cash
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Leasing Permitted Details
Leasing Permitted YN: Yes
Parking Information
Open Parking Spaces: 2
Parking Space Number: 4
Leasing Restrictions
Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 180
Storm Protection
Impact Glass: Partial
Buyer Details
Intended Use: Unknown/Withheld
Concessions
Seller Concessions: No
Section Details
Parcel Number MLX: 0010
Originating Details
Originating System Key: 403402933
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval
Association Amenities: Maintenance
Flooring: Marble; Tile; Wood
Leasing Permitted Details: Okay To Lease
Property Condition: New Construction; Under Construction
Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Microwave; Oven; Refrigerator; Washer; Other
Cooling: Central Air
Association Type: Condominium
Heating: Central; Electric
Interior Features: Entrance Foyer; Other
Listing Terms: Cash; Conventional
Other Equipment: Other
Pets Allowed YN: Yes
Pets Allowed: Pet Restrictions Possible
Possession: Close Of Escrow; Other
Security Features: Elevator Secure; Fire Alarm; Lobby - Attended; Smoke Detector(s)
Tax Information: Other Exemption
Unit Description: High Rise
Utilities: Cable Available
View: Skyline
Water Access: None
Water View: Bay; Ocean
Showing Requirements: Appointment Only
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open
Contingencies: None
Listing Office: Douglas Elliman
Last Updated: August - 28 - 2026
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