Welcome to

Destiny International Properties

Browse Properties

Advanced Search

501 W Ave 4201/05 4201/05, Miami Beach, FL 33139

$12,950,000
Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 6,777 Status: Closed
Current Price: $12,950,000 List Date: 3/29/2025 Last Modified: 6/08/2026

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.

More Information MLS# A11772496

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 Direction Prefix: W Street Name: Ave 4201/05 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 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
Listing Office: Compass Florida, LLC
Last Updated: June - 08 - 2026
501 W Ave 4201/05 4201/05, Miami Beach, FL 33139- MLS# A11772496
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.