500 Alton # 2702, Miami Beach FL 33139, MIAMI BEACH, FL, 33139
Active239 days on marketListed Dec 22, 2025MLS #F10542192
About this home
500 Alton # 2702, Miami Beach FL 33139
Available immediately for yearly rental. Seasonal available 7 month minimum at $49K. Owner occupied. Brand-new 3 bedroom, 3.5 bathroom residence at Five Park with 780sqft terrace. Interior boasts hardwood floors, designer furniture and decor, motorized and blackout shades in all bedrooms and custom closets in both primary bedrooms. Italian oak cabinets and Gaggenau appliances, beautifully paired with marble countertops. All bedrooms come furnished. Amenities feature fitness studio, restaurant, swimming pools with private cabanas and lounge seating with towels service. Unit provides membership in Canopy Club, which occupies entire 26th floor and offers private dining, a signature spa, cocktail bar, and lounges. The Canopy Club also comes with dedicated owner's beach club experience.
Facts & features
The home at a glance
3
Bedrooms
3.5
Bathrooms
2,930
Sqft
0 ac
Lot size
2
Garage
2024
Year built
$13
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$443 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$443/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami Beach actives
$13 vs $728
Days on market
239 vs 91 typical
Where $13/sqft sits among the 394 Miami Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Flamingo Lummus
Get to know Miami Beach. See the full Miami Beach guide →
Flamingo Lummus — neighborhood snapshot
Population
23,083
Median age
41
Median income
$70,404
Median home value
$377,608
Avg household
2
Households w/ children
1,591
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$285K → $525K
Miami Beach median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
19 of 394
Miami Beach actives have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 44% below the MIAMI BEACH 33139 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 500 Alton # 2702
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$11,150,000
100 S Pointe Dr # 2604, Miami Beach FL 33139
3 bd · 3.5 ba · 2,985 sqft · $3,735/sqft · 13 DOM
Sold · Nov ’25$4,300,000
2021 Fisher Island Dr # 2021, Miami Beach FL 33109
3 bd · 3.5 ba · 2,744 sqft · $1,567/sqft · 282 DOM
Sold · Jan ’26$5,350,000
2213 Fisher Island Dr # 3103, Miami Beach FL 33109
4 bd · 3.5 ba · 3,192 sqft · $1,676/sqft · 186 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Arlinda Gokyar
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 500 Alton # 2702 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 500 Alton # 2702 — before you fall in love.
See it in person
Schedule a tour
Live availability from Arlinda's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
500 Alton # 2702 FAQs
What would the monthly payment be for 500 Alton # 2702, Miami Beach FL 33139?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $443/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 500 Alton # 2702, Miami Beach FL 33139?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami Beach?+
At $39,000, this home is listed about 94% below the Miami Beach median of $649,450. The market section on this page shows how the area is trending.
Which schools are assigned to 500 Alton # 2702, Miami Beach FL 33139?+
Miami Beach South Pointe Elementary School (elementary), Miami Beach Senior High School (high), Miami Beach Nautilus Middle School (middle), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the MIAMI BEACH 33139 market on paper
$39,000 is 44% below the MIAMI BEACH 33139 median of $70,000, and at $13/sqft it sits under the Miami Beach average of $1,073.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
239 days on market against a Miami Beach median of 91 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Miami Beach South Pointe Elementary School, Miami Beach Senior High School, Miami Beach Nautilus Middle School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — Miami Beach South Pointe Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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