501 West Ave
501 West Ave, Miami Beach, FL, 33139
Year Built
2024
# Stories
48
# Total Units
7
Unit Size Range
2,930-6,777 sqft
Unit Demand
Low
Unit Availability
High
About 501 West Ave
Five Park is a modern 48-story condominium completed in 2024, offering luxurious 3 and 4-bedroom units with stunning waterfront views. Located at 501 West Ave in Miami Beach, the property features an advanced architectural design and premium materials, emphasizing contemporary living. Units start at $6,500,000, reflecting the high-end market appeal in this sought-after area. Residents can enjoy a comprehensive suite of amenities, including a fully equipped exercise room, sauna, and spa/hot tub for relaxation. For social and recreational activities, the building boasts a clubhouse, cabana, and a private beach pavilion. Outdoor enthusiasts will appreciate the bike and jog paths surrounding the property, providing an active lifestyle while enjoying the scenic waterfront. Additionally, the business center caters to professionals, ensuring a seamless balance between work and leisure. Elevators provide convenient access to various floors, enhancing the experience for residents and visitors alike. Five Park exemplifies upscale urban living, merging modern comfort with exceptional amenities in a vibrant waterside setting.
Amenities
One of the most charming aspects of living at Five Park is its delightful array of amenities. Imagine starting your day with a jog or bike ride along the bike/jog path, or unwinding after a long day in the serene spa or hot tub. The private beach pavilion is a perfect escape, allowing you to soak up the sun whenever you wish. For those who enjoy socializing, the clubhouse and bar are perfect spots to meet neighbors or host friends. And for families, the child play area stands ready to provide hours of fun for the little ones.
Parking
Locker
Concierge
Elevator
Central AC
Pool
Fitness Center
Visitors ParkingBuilding Policies
As with any condo, it’s important to understand the building policies. While there are restrictions, the specifics of those aren't a reason to shy away. They are in place to ensure a harmonious living environment and help maintain the beauty and integrity of Five Park.
Pets Allowed
Short-term Rental Allowed
BBQ Permitted
Sublet AllowedLoading...
501 West Ave Market Report (last 12 months)
5
89
2Demographics For all South Beach listings
AVERAGE RESIDENT AGE
40 years old
AVERAGE HOUSEHOLD INCOME
$59,439/year
AVERAGE HOUSEHOLD COMPOSITION
2 People
What to know about South Beach demographics:
- Approximately 29.03% of adults hold a bachelor's degree, indicating a well-educated population.
- The average age of residents in South Beach is around 40 years.
Living in 501 West Ave
Condo Living at Five Park, located at 501 WEST AVE, MIAMI BEACH, FL:
Welcome to Five Park! Situated in the vibrant Miami Beach, this stunning condo building stands tall at 48 stories, blending modern luxury with a laid-back beach vibe. Completed in 2024, Five Park is perfect for first-time buyers eager to dip their toes into the world of homeownership amidst the lively Miami scene. With six thoughtfully designed units ranging from 2,930 to a spacious 6,777 square feet, there's a perfect fit for everyone, whether you’re looking for a cozy nest or a larger space for entertaining.
Building Features and Unit Availability:
Five Park shines with its high availability of units, meaning that if you find something you love, you’ll have a good chance of making it yours. Although the demand is currently lower, this could be a golden opportunity for you as a first-time buyer. The average closed price for units here hovers around $6,500,000, translating to about $2,041 per square foot, which reflects the luxurious nature of these residences. Units have recently spent around 96 days on the market, giving you ample time to plan your next steps.
Life at Five Park:
Life at Five Park promises a unique blend of relaxation and entertainment. Living in Miami Beach means you’re never far from the sand and sea. Enjoy vibrant beach days, and world-class dining, or simply bask in the Miami sun. Since this area is packed with energy and culture, home is not just where you live; it’s a lifestyle.
HelloCondo is a division of HelloCasa, LLC
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Julie's Realty, LLC
Yuliya "Julie" Sidorevskaya
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