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New Construction
$21,000,000

501 West Ave, Miami Beach FL 33139

5  beds
6.5  baths
6,060  sqft
Condominium
Built in 2025
$3,465/sqft
$15,120/mo HOA
7 days on market

About this property

The LAST remaining Penthouse at Five Park Miami Beach. Fully furnished (price reflects unfurnished) residence featuring 5 beds + media room with 6.5 baths, 11 ft+ ceilings. 6000 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.

Interior Details

Bedrooms & bathrooms

  • Bedrooms: 5
  • Bathrooms: 6.5
  • Full bathrooms: 6

Heating & cooling

  • Heating: Central, Electric
  • Cooling: Central Air

Features

  • Flooring: Marble, Tile, Wood
  • Door Features: High Impact Doors

Extras

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Security & Smart Features: Doorman, Elevator Secure, Card Entry, Secured Garage/Parking, Guard At Site, Lobby Secured
  • Video & virtual tour: View Virtual Tour

Property Details

Parking

  • Garage spaces: 4
  • Parking features: 2 Or More Spaces, Additional Spaces Available, Valet

Features

  • Exterior features: Open Balcony

Public Info

  • Interior Livable Area: 6,060 sqft
  • Year Built: 2025
  • APN: 02-42-04-016-0210
  • County: Miami-Dade County

Tax Information

  • Annual Tax Amount: $0
  • Tax Year: 2023

HOA Details

  • Has HOA: Yes
  • Amenities included: Bar, Bike Storage, Business Center, Cabana, Child Play Area, Elevator(s), Exercise Room, Exterior Lighting, Other, Pool, Sauna
  • HOA fee: $15,120/mo
  • Application fee: $150
  • Pet fee: $100

Price History

7/22/2025 Listed for Sale
Source: Miami REALTORS®
$21,000,000
$3,465/sqft

Estimated Monthly Payment

Customize assumptions below to estimate your monthly cost.

Est.
$131,084
Principal & Interest $108,964
Property Taxes $0
Home Insurance $7,000
HOA Fees $15,120

Walk Score

Walk Score
92
Walk Score®
Walker's Paradise
Transit Score
50
Transit Score®
Good Transit
Full Walk Score
Bike Score
81
Bike Score®
Very Bikeable
Kevin McCarthy
Kevin McCarthy
Broker & Executive Director of Luxury Sales






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.