501 West Avenue PH4701, Miami Beach, FL 33139 (MLS# A11840802)


$18,500,000
501 West Avenue PH4701
Miami Beach, FL 33139
MLS# A11840802
Status: Closed
5 beds  |  7 baths  |  7923 sqft


Photo 1
  1 / 84  
Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14 Photo 15 Photo 16 Photo 17 Photo 18 Photo 19 Photo 20 Photo 21 Photo 22 Photo 23 Photo 24 Photo 25 Photo 26 Photo 27 Photo 28 Photo 29 Photo 30 Photo 31 Photo 32 Photo 33 Photo 34 Photo 35 Photo 36 Photo 37 Photo 38 Photo 39 Photo 40 Photo 41 Photo 42 Photo 43 Photo 44 Photo 45 Photo 46 Photo 47 Photo 48 Photo 49 Photo 50 Photo 51 Photo 52 Photo 53 Photo 54 Photo 55 Photo 56 Photo 57 Photo 58 Photo 59 Photo 60 Photo 61 Photo 62 Photo 63 Photo 64 Photo 65 Photo 66 Photo 67 Photo 68 Photo 69 Photo 70 Photo 71 Photo 72 Photo 73 Photo 74 Photo 75 Photo 76 Photo 77 Photo 78 Photo 79 Photo 80 Photo 81 Photo 82 Photo 83 Photo 84

Property Description
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.

Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Vacant
Listing Date: 2025-07-15
Status: Closed
Original List Price: 21000000
Sold Price: $18,500,000
Current Price: $18,500,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Municipal Code: 2
Postal Zip: 33139
Subdivision Number: 16
Country: United States
Street Number: 501
Street Name: West
Street Suffix: Avenue
Unit Number: PH4701
State Or Province: FL
Postal Code: 33139
Postal Code +4: 7134
Subdivision Name: Five Park Condo
Area: 2420
Elementary School: Miami Beach South Pointe
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Parcel Number: 0242040160210
General Property Information
Unit Floor #: 47
Adjusted Area Main: 5500
Living Area Main: 6060
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 48
Property Sub Type: Condominium
Bedrooms Total: 5
Bathrooms Total: 7
Bathrooms Full: 6
Bathrooms Half: 1
Building Area Main: 7923
Year Built: 2025
Garage YN: 1
Garage Spaces: 4
Covered Spaces: 4
Financial Information
Application Required YN: Yes
Membership Fee Required YN: No
Association YN: 1
Association Fee: 15120
Association Fee Frequency: Monthly
Tax Year: 2023
Tax Legal Description: FIVE PARK CONDO UNIT PH1 UNDIV 2.2918% INT IN COMMON ELEMENTS OFF REC 34492-3683
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2026-01-30T05:00:00Z
Major Change Type: Status Change
Status Change Date: 2026-02-25
Under Contract Date: 2026-01-24
Close Date: 2026-01-30
Close Price: 18500000
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
1-2 Weeks Approval: 1
Amenities
Bar: 1
Bike Storage: 1
Business Center: 1
Cabana: 1
Elevator(s): 1
Fitness Center: 1
Playground: 1
Pool: 1
Sauna: 1
Other: 1
Association Amenities
Maintenance: 1
Entry Information
Entry Level: 1
Exterior Features
Lighting: 1
Flooring
Marble: 1
Tile: 1
Wood: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Parking Features
Valet: 1
Parking Information
Open Parking Spaces: 2
Property Condition
New Construction: 1
Possession
Close Of Escrow: 1
Negotiable: 1
View
Skyline: 1
Heating
Central: 1
Electric: 1
Leasing Restrictions
Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 180
Unit Description
Penthouse: 1
High Rise: 1
Water View
Bay: 1
Ocean: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Interior Features
Closet Cabinetry: 1
Elevator: 1
Kitchen Island: 1
Walk-In Closet(s): 1
Other: 1
Listing Terms
Cash: 1
Conventional: 1
Security Features
Elevator Secure: 1
Key Card Entry: 1
Lobby - Attended: 1
Secured Garage/Parking: 1
Security Guard: 1
Security System: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Master Bedroom/Bath
Bedroom On Entry Level: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Pet Restrictions Possible: 1
Storm Protection
Impact Glass: Partial
Tax Information
Other Exemption: 1
Outdoor Living Spaces
Balcony: 1
Balcony Details
Balcony - Open: 1
Contingencies
Other: 1
Buyer Details
Intended Use: Unknown/Withheld
Concessions
Seller Concessions: No
Section Details
Parcel Number MLX: 0210
Originating Details
Originating System Key: 417978627
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval
Association Amenities: Maintenance
Exterior Features: Lighting
Flooring: Marble; Tile; Wood
Leasing Permitted Details: Okay To Lease
Parking Features: Valet
Property Condition: New Construction
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer
Cooling: Central Air
Association Type: Condominium
Heating: Central; Electric
Interior Features: Closet Cabinetry; Elevator; Kitchen Island; Walk-In Closet(s); Other
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: Pet Restrictions Possible
Possession: Close Of Escrow; Negotiable
Security Features: Elevator Secure; Key Card Entry; Lobby - Attended; Secured Garage/Parking; Security Guard; Security System
Tax Information: Other Exemption
Unit Description: Penthouse; High Rise
View: Skyline
Water View: Bay; Ocean
Showing Requirements: 24 Hour Notice; Call Listing Agent
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open
Contingencies: Other

IDX
Listing Office: Douglas Elliman

Last Updated: February - 25 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.