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Case files · 4 November 2026
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Josh Stein, Miami real estate associateJosh Stein

This home has sold.

Condo · Miami Beach · Five Park

$12,950,000 $15,000,000

501 West Avenue #4201/05, Miami Beach, FL

  • Beds4
  • Baths5
  • Sq ft6,777
  • Price per sq ft$1,911
  • TypeCondo
  • StatusSold
Listing courtesy of Compass Florida, LLC

About this home

Experience unparalleled luxury at Five Park, the latest architectural gem in the coveted South of Fifth neighborhood by Arquitectonica. This exclusive combo unit offers the opportunity to own a brand-new corner residence that has never been lived in before. It features 4 bedrooms, 4 bathrooms, 2 powder rooms, 2 offices, and a wraparound private terrace with 5,155 sq. ft. of sophisticated living space. The custom-designed kitchen boasts Italian oak cabinetry, sleek marble countertops, and top-of-the-line Gaggenau appliances. Enjoy world-class amenities, including exclusive beach club access, a Canopy Park, a Fitness Center, a Wellness Spa, Rooftop Pools, and an on-site Restaurant. Situated in the heart of South Beach, with easy access to fine dining, pristine beaches, and Downtown Miami.

Area
Miami Beach
Building
Five Park
MLS #
A11772496
Listing agent
Ivan G Chorney
Sold for
$12,950,000
Sold on
March 13, 2026
Living area (m²)
630 m²
Price per m²
$20,570
HOA (per month)
$13,463Includes: Common Areas, Maintenance Structure, Pools, Reserve Fund, Sewer, Security, Trash
Year built
2024
Floors in the building
48
Parking
Garage: 2
Pets
Allowed
Furnished
Unfurnished
Waterfront
Yes
New construction
Yes
Flooring
Tile
View
Bay, Ocean, Water
Listed
March 29, 2025
Previous price
$15,000,000

Interior features

  • Bedroom On Main Level
  • Entrance Foyer
  • Elevator
  • Living Dining Room
  • Walk In Closets
  • Bar

Exterior features

  • Balcony
  • Outdoor Living Area

Building amenities

  • Beach Rights
  • Business Center
  • Cabana
  • Clubhouse
  • Elevators
  • Fitness Center
  • Maintenance Grounds
  • Playground
  • Pool
  • Sauna
  • Spa Hot Tub
  • Trails
  • Trash

Parking features

  • Assigned
  • Attached
  • Garage
  • Valet

Appliances

  • Dryer
  • Dishwasher
  • Electric Range
  • Electric Water Heater
  • Disposal
  • Microwave
  • Oven
  • Refrigerator
  • Washer

Price and status history

  1. Listed for $15,000,000
  2. Price dropped from $15,000,000 to $14,000,000 (6.7%)
  3. Under contract
  4. Sold for $12,950,000

From the MLS listing date, original price, latest price change and status dates. The feed does not list every change in between.

Location

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6 listings

Listing information is deemed reliable but is not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Data is supplied by the MLS and may be subject to change or withdrawal without notice.

Last updated September 9, 2026, 7:01 am

Planted by IDX Bloom

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