Manhattan condos $1,629/sf ▴2%Manhattan co-ops $283K/room ▴5%Central Park perimeterPark Ave $478K/room ▴19%CPW $350K/room ▴5%Fifth Ave $501K/room ▴19%Billionaires' Row $4,272/sf ▴24%West End Ave $1,665/sf ▾0%
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The Roebling Index · Miami
Published by The Roebling Team at Compass · Licensed Real Estate Broker
Miami·South Beach·Condominium

Park Residences

500 Alton Road, Miami Beach, FL 33139

South Beach

Folio 0242040150001

At a glance
Year built
2024
Residences
132
Building area
181,571 sq ft
Median residence
1,230 sq ft
FEMA flood zone
Zone AE · BFE 8 ft
Latest arms-length sale
$6,250,000 · Apr 2026
Median sale (10 yr)
$2,475,000
Recorded transfers
134

Park Residences is a 132-residence condominium building at 500 Alton Road, in South Beach, completed in 2024. It has a median residence of 1,230 square feet.

The recorded market runs to 127 arms-length sales since 2024, an annual turnover rate of 9.6 percent of the building over the past decade, and a median of $1,813 per square foot. Across 4 same-unit resales, a small sample, 50 percent sold above their prior recorded price and the rest below, with a median gain of 5 percent over a median hold of 0.8 years. The 127 sales since 2023 carry a median of $1,813 per square foot, close to the building's level across its whole record. Recorded deeds show 10 parties that acquired more than one residence in the building.

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Oct 2024. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.

DateResidenceSizePriceArms-length
Apr 202620013,279 sf$6,250,000✓
Mar 202614031,991 sf$3,450,000✓
Mar 202623031,994 sf$4,200,000✓
Mar 202624052,318 sf$3,950,000✓
Feb 20262104886 sf$1,350,000✓
Feb 20268071,230 sf$1,950,000✓
Feb 202610051,380 sf$2,700,000✓
Jan 20269031,991 sf$3,400,000✓
Jan 20268031,965 sf$3,350,000✓
Jan 2026507866 sf$830,000✓
Jan 20261006887 sf$1,150,000✓
Dec 20252204886 sf$1,400,000✓
Dec 202521013,279 sf$6,200,000✓
Dec 202523052,318 sf$4,050,000✓
Dec 20252304886 sf$1,400,000✓
Dec 202517031,991 sf$3,800,000✓
Dec 20258011,988 sf$2,900,000✓
Dec 202512011,992 sf$3,500,000✓
Dec 202522052,318 sf$3,900,000✓
Dec 2025505407 sf$447,000✓
Nov 202518031,991 sf$3,900,000✓
Oct 20251904875 sf$1,350,000✓
Oct 20251206887 sf$1,275,000✓
Oct 202520051,389 sf$2,750,000✓
Sep 20251804875 sf$1,300,000✓
Sep 20252408731 sf$1,350,000✓
Sep 20252008731 sf$1,332,700✓
Sep 20252404886 sf$1,467,300✓
Aug 202511031,991 sf$3,400,000✓
Aug 202516031,991 sf$3,634,000✓
Aug 20252504730 sf$1,125,000✓
Jul 20252308731 sf$1,380,000✓
Jul 202525033,209 sf$7,200,000✓
Jul 202522013,279 sf$6,895,000✓
Jun 202525022,134 sf$4,000,000✓
Jun 20252006902 sf$1,295,000✓
May 20251504875 sf$1,350,000✓
May 202525013,665 sf$9,000,000✓
May 202514011,992 sf$3,450,000✓
Apr 20251106887 sf$1,400,000✓
Mar 20251508731 sf$1,420,000✓
Mar 202512051,380 sf$2,616,000✓
Mar 202510031,991 sf$3,525,000✓
Mar 20251104875 sf$1,390,000✓
Mar 202510011,988 sf$2,778,000✓
Mar 20259011,988 sf$2,667,000✓
Mar 20258011,988 sf$2,555,000✓
Mar 20251606887 sf$1,400,000✓
Mar 20251908732 sf$1,540,000
Mar 20252004886 sf$1,500,000✓
Mar 20251604875 sf$1,400,000✓
Feb 20251808732 sf$1,400,000✓
Feb 202511051,380 sf$2,550,000✓
Feb 202520071,235 sf$2,500,000✓
Feb 2025906887 sf$1,250,000✓
Feb 2025808732 sf$1,050,000✓
Feb 202517051,380 sf$2,735,000✓
Feb 20251404875 sf$1,545,000✓
Feb 20251806887 sf$1,515,000✓
Jan 20252108731 sf$1,400,000✓
Jan 20251008732 sf$1,190,000✓
Jan 20251708732 sf$1,278,800✓
Jan 202520031,994 sf$5,274,000✓
Jan 202518071,230 sf$2,755,000✓
Jan 20258051,380 sf$2,445,000✓
Jan 20251906887 sf$1,545,900✓
Jan 202515011,992 sf$3,484,400✓
Jan 202514071,230 sf$2,475,000✓
Jan 202512071,230 sf$2,230,000✓
Jan 20251506887 sf$1,398,000✓
Jan 202517011,992 sf$4,050,000✓
Jan 202515031,991 sf$4,800,000✓
Jan 202519021,201 sf$2,175,000✓
Jan 202517021,201 sf$2,300,000✓
Jan 202512031,991 sf$3,865,000✓
Jan 20258021,110 sf$1,750,000✓
Dec 202421071,235 sf$2,655,000✓
Dec 202418021,201 sf$2,285,000✓
Dec 202416011,992 sf$4,025,000✓
Dec 202412011,992 sf$3,550,000✓
Dec 2024904875 sf$1,400,000✓
Dec 202410021,207 sf$2,210,000✓
Dec 20242208731 sf$1,600,000✓
Dec 20241704875 sf$1,725,000✓
Dec 20241406887 sf$1,376,000✓
Dec 202419051,380 sf$2,941,200✓
Dec 202422071,235 sf$2,618,300✓
Dec 202416051,380 sf$2,575,000✓
Dec 202410071,230 sf$2,147,700✓
Dec 20249071,230 sf$2,106,000✓
Dec 20241608731 sf$1,225,000✓
Dec 20241108732 sf$1,050,000✓
Dec 2024908732 sf$1,025,000✓
Dec 202412021,201 sf$1,975,000✓
Dec 202414021,201 sf$2,270,000✓
Dec 202419011,992 sf$4,250,000✓
Dec 20241408731 sf$1,201,800✓
Dec 202415021,201 sf$2,180,000✓
Dec 202411021,207 sf$2,662,500✓
Dec 202424021,218 sf$2,731,000✓
Dec 202417071,230 sf$2,730,000✓
Dec 202421052,309 sf$4,800,000✓
Dec 20249051,380 sf$2,550,000✓
Dec 202419031,991 sf$4,525,000✓
Dec 20241208731 sf$1,200,000✓
Dec 202411011,988 sf$3,200,000✓
Dec 202421031,994 sf$4,876,000✓
Dec 202419071,230 sf$2,700,000✓
Dec 202410051,380 sf$2,425,000✓
Dec 20241004875 sf$1,395,000✓
Dec 20241706887 sf$1,523,000✓
Dec 2024806887 sf$1,265,000✓
Dec 202414051,380 sf$2,790,000✓
Nov 202424071,235 sf$2,925,000✓
Nov 20241204875 sf$1,550,000✓
Nov 202416021,201 sf$2,200,000✓
Nov 202423183,279 sf$7,735,000✓
Nov 202415051,380 sf$2,580,000✓
Nov 20249021,207 sf$2,260,000✓
Nov 202418011,992 sf$4,440,000✓
Nov 202416071,230 sf$2,700,000✓
Nov 202415071,230 sf$2,580,000✓
Nov 202411071,230 sf$2,249,400✓
Nov 20242006902 sf$1,625,000✓
Nov 202423071,235 sf$2,700,000✓
Nov 202424031,994 sf$5,035,000✓
Nov 202424012,019 sf$4,870,000✓
Oct 202418051,380 sf$2,975,000✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 6 nominal-consideration paper transfers omitted.

Considering a move at Park Residences?

Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer, solicitation, or valuation.