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$12,950,000
501 West Avenue 4201/05
Miami Beach, FL 33139
MLS# A11772496
Status: Closed
4 beds  |  6 baths


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Property Description
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.

Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Vacant
Listing Date: 2025-03-28
Status: Closed
Original List Price: 15000000
Sold Price: $12,950,000
Current Price: $12,950,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Municipal Code: 2
Postal Zip: 33139
Special Assessment YN: No
Country: United States
Street Number: 501
Street Name: West
Street Suffix: Avenue
Unit Number: 4201/05
State Or Province: FL
Postal Code: 33139
Subdivision Name: Five Park
Area: 2420
Elementary School: Miami Beach South Pointe
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Parcel Number: 0242034204201
General Property Information
Number Of Units In Community: 226
Total Units In Building: 226
Unit Floor #: 42
Living Area Main: 6777
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 48
Property Sub Type: Condominium
Bedrooms Total: 4
Bathrooms Total: 6
Bathrooms Full: 4
Bathrooms Half: 2
Year Built: 2024
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Waterfront YN: 1
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 13463
Membership Fee Required YN: No
Association YN: 1
Association Fee: 13463
Association Fee Frequency: Monthly
Tax Year: 2024
Tax Legal Description: Five Park Unit 4210 & 4205
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2026-03-13T04:00:00Z
Major Change Type: Status Change
Price Change Timestamp: 2025-06-05T18:23:16Z
Status Change Date: 2026-03-17
Under Contract Date: 2026-02-26
Close Date: 2026-03-13
Close Price: 12950000
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
1-2 Weeks Approval: 1
Amenities
Bar: 1
Business Center: 1
Cabana: 1
Clubhouse: 1
Elevator(s): 1
Fitness Center: 1
Jogging Path: 1
Playground: 1
Pool: 1
Private Beach Pavilion: 1
Sauna: 1
Spa/Hot Tub: 1
Trash Chute: 1
Other: 1
Association Amenities
Maintenance: 1
Association Fee Includes
Common Areas: 1
Maintenance Structure: 1
Pool Service: 1
Reserve Funds: 1
Security: 1
Sewer: 1
Trash: 1
Dining Area
Dining/Living Room: 1
Flooring
Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Parking Features
Assigned: 1
Valet: 1
Attached: 1
Attached Garage: 1
Garage: 1
Parking Information
Open Parking Spaces: 2
Parking Space Number: 2
Property Condition
New Construction: 1
Possession
Negotiable: 1
Special Information
Sold As-Is: 1
View
Water: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 180
Unit Description
High Rise: 1
Water Access
Other: 1
Water View
Bay: 1
Ocean: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Washer: 1
Construction Materials
CBS: 1
Interior Features
Elevator: 1
Entrance Foyer: 1
Walk-In Closet(s): 1
Other: 1
Listing Terms
Cash: 1
Conventional: 1
Security Features
Elevator Secure: 1
Fire Alarm: 1
Lobby - Attended: 1
Secured Garage/Parking: 1
Security System: 1
Smoke Detector(s): 1
Waterfront Features
Bayfront: 1
Water Heater Details
Electric Water Heater: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
24 Hour Notice: 1
Main Living Area
Entry Level: 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
New Construction: 1
Outdoor Living Spaces
Balcony: 1
Porch: 1
Balcony Details
Balcony - Open: 1
Porch Details
Porch - Wrap Around: 1
Contingencies
None: 1
Buyer Details
Intended Use: Unknown/Withheld
Concessions
Seller Concessions: Yes
Seller Concessions Amount: 10600
Price Calculations
Current Price To SqFt: 1910.87
Section Details
Parcel Number MLX: 4205
Originating Details
Originating System Key: 409223100
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval
Association Amenities: Maintenance
Association Fee Includes: Common Areas; Maintenance Structure; Pool Service; Reserve Funds; Security; Sewer; Trash
Dining Area: Dining/Living Room
Flooring: Tile
Leasing Permitted Details: Okay To Lease
Parking Features: Assigned; Valet; Attached; Attached Garage; Garage
Property Condition: New Construction
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Oven; Refrigerator; Washer
Water Heater Details: Electric Water Heater
Construction Materials: CBS
Cooling: Central Air
Association Type: Condominium
Heating: Central
Interior Features: Elevator; Entrance Foyer; Walk-In Closet(s); Other
Listing Terms: Cash; Conventional
Main Living Area: Entry Level
Pets Allowed YN: Yes
Pets Allowed: Pet Restrictions Possible
Possession: Negotiable
Security Features: Elevator Secure; Fire Alarm; Lobby - Attended; Secured Garage/Parking; Security System; Smoke Detector(s)
Special Information: Sold As-Is
Tax Information: New Construction
Unit Description: High Rise
View: Water
Water Access: Other
Water View: Bay; Ocean
Waterfront Features: Bayfront
Showing Requirements: 24 Hour Notice
Outdoor Living Spaces: Balcony; Porch
Balcony Details: Balcony - Open
Porch Details: Porch - Wrap Around
Contingencies: None

IDX
Listing Office: Compass Florida, LLC

Last Updated: September - 09 - 2026

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