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$3,700,000

Beds
3
Baths
3.5
sq ft
2,178

500 Alton Rd Unit 1101, Miami Beach, FL 33139

500 Alton Rd Unit 1101

Miami Beach, FL 33139

  • <1 day on market
Spacious and bright corner 3 bedroom, 3.5 bathroom residence with 10 ft ceilings at Five Park - the newest luxury residential tower in Miami Beach. 2,178 sq ft of interior space, complemented by close to 1,000 sq ft of wraparound terrace. Beautiful views of the South of Fifth, the Bay, and the ocean. Open living space, Italian kitchen with Gaggenau appliances, marble primary bathroom. Five Park is a full service luxury building, offering its residents all amenities including private beach club via house car, 2 pools, gym, spa, on-site restaurant and more. Most sought-after location in Miami due to proximity to restaurants, beach, parks, gyms etc. New building, opened in November 2024.

Details

Property type

Condominium

Est. home value

$3,072,763

Property condition

Under Construction

Lot size

Unknown

Price per sq ft

$1,699

Year built

2024

Monthly HOA fee

$5,010

Price History

02/13/2025
SEF

SEF #A11739444

Listed
$3,700,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

City National Bank Of Florida

Loan start date

February 2014

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

Credit Line (Revolving)

Seller

Matthew H Crane and Amal Crane

Lender

City National Bank Of Florida

Loan start date

February 2014

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

Credit Line (Revolving)

Seller

Matthew H Crane and Amal Crane

Lender

New Penn Financial Llc

Loan start date

October 2013

Original loan amount

$417,000

Est. remaining balance

$321,537

Interest rate

4.57%

Loan type

New Conventional, 30 year

Seller

Matthew H Crane and Amal Crane

Lender

New Penn Financial Llc

Loan start date

October 2013

Original loan amount

$417,000

Est. remaining balance

$321,537

Interest rate

4.57%

Loan type

New Conventional, 30 year

Seller

Matthew H Crane and Amal Crane

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/13/2025 at 5:15 PM

Listing updated: 02/13/2025 at 2:35 PM

Listed by: Anca Mirescu, Douglas Elliman Phone #: (305) 695-6300

MLS: SEF #A11739444

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