500 Alton #2001/02, Miami Beach, FL 33139

$7,915,000
  • bed4 Beds
  • baths5 Baths
  • hold3,521 SQFT
  • hold $2247 /SQFT
  • % Change  
  • Living Area M² 327 m²
  • $ / M² $24,197
  • Maintenance Fee $7,229
  • Days on Market 386 day(s)
  • Waterfront? Yes
  • Garage Spaces Yes
  • Pets Allowed? Yes
  • Furnished? No
  • Year Built 2024
  • MLS #
    A11574740
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Property Description

FIVE PARK Miami Beach unites timeless glamour with a new approach to development. A 48-story tower designed by Arquitectonica and developed by Terra Group and GFO Investments with interiors by Gabellini Sheppard. Five Park will feature an array of services & amenities including a Five Park Beach Club located in the South of Fifth neighborhood. This Corner Residence (Combination of 01 and 02 Lines) features 4-bedrooms, 5 Bathrooms and corner views of Miami Beach, South Pointe & Bay & the Marina. Residence features: 10 foot ceilings, custom-design kitchens, Gaggenau appliances and floor-to-ceiling windows. Two parking spaces. Delivery this year - TCO expected end of Aug 2024 and closings are expected to begin Sept 2024. Deposit: 30% Before delivery (in 10% increments) 70% at closing.

Amenities

  • Bike Storage
  • Business Center
  • Elevators
  • Other
  • Pool
  • Sauna
  • Spa Hot Tub
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Interior Features

  • Split Bedrooms

Exterior Features

  • Security High Impact Doors

Property Tax Information

  • Tax Amount: $ 0.00

  • Tax Year: 2024

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monthly payment breakdown

total monthly payment

$48,889.22

  • Principal & Interest The principal is the amount that you borrow from a lender. The interest is the cost of borrowing that money. $ 41,660.22
  • Property Taxes This tax is a percentage of a home’s assessed value and varies by area. Homeowners pay this tax annually, semi-annually, or as part of a monthly mortgage payment.
  • HOA Fees Fees paid by homeowners within a shared complex to pay for building repairs and operation costs. HOA fees are typically paid monthly or quarterly.
  • Homeowners Insurance Homeowners insurance covers losses and damages to your home, property, personal belongings, and other assets in your home. The policy also provides liability coverage against accidents in the home or on the property. When applying for a mortgage, the applicant is usually required to provide proof of insurance on the property before the financial institution will approve the loan.
  • Private Mortgage Insurance (PMI) Borrowers with a down payment of less than 20% may be required to purchase mortgage insurance. Mortgage insurance protects the mortgage lender against loss if a borrower defaults on their loan. Typically, mortgage insurance rates range from 0.2%–2% of the loan amount per year. Your actual rate may vary.
  • Total monthly payment = $ 48,889.22
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    transit score®

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    bike score®

This area is a Somewhat Walkable, some errands can be accomplished on foot - Transit many nearby public transportation options - There is some bike infrastructure

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For more information about this property:

Lucas Lechuga, PA

Luxe Living Reality
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305 - 428 - 3860
contact-mail
info@miamicondoinvestments.com
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500 Alton #2001/02 has 4 Beds , 5 Bathrooms , and 3521 square feet. The asking price for this property is $7915000, or $2247 per square feet.

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