Five Park: South Beach's Most Significant New Condo in Years

For well over a decade, South Beach's skyline remained untouched until Five Park Miami Beach cemented itself as the newest landmark to grace this stunning horizon. Rising 48 stories, this architectural marvel isn't just the neighborhood's first major high-rise in 15 years, but it's now the tallest residential building on the island.

In a neighborhood defined by Art Deco charm, older skyscrapers, and low- and mid-rise luxury, Five Park introduces something entirely new: a contemporary, full-service luxury tower built to today’s standards of design, amenities, and privacy that modern buyers are demanding. Quickly becoming one of our clients’ favorite condo residences, Five Park Miami Beach is setting the bar for high-end living in South Beach.

Now completed and delivered in 2025, Five Park represents a rare opportunity to own in the first true new-generation, luxury building South Beach has seen in over a decade.

Bird’s-Eye Views of the City and Sea

As a resident of the Five Park skyscraper in Miami Beach, you’ll get some of the most impressive views available to any condo, depending on your floor.

Thanks to Five Park's height, location and elliptical design, residences here offer sublime, unobstructed and all-encompassing vantage points that capture every angle of Miami's natural beauty, as pointed out in our exclusive Five Park video with Anca Mirescu, the project’s Sales Director.

Open your expansive floor-to-ceiling sliding glass doors onto your expansive balconies to experience Atlantic Ocean sunrises painting the sky in shades of pink and gold, Miami skyline sunsets glittering across Biscayne Bay's turquoise waters, and endless views that stretch from Downtown Miami to the barrier islands beyond.

While most South Beach condos give you a choice (ocean views or city), at Five Park tower in Miami Beach, particularly in the Canopy Residences starting on the 27th floor, you get the best of both worlds. With no buildings tall enough to block your sight, every angle offers an uninterrupted canvas of water, sky, and skyline.

Stand-out Amenities: The Canopy Club Lifestyle

Beyond what we feel are some of the best views from any condo in all of Miami Beach, Five Park delivers over 40,000 square feet of thoughtfully designed amenities and service-oriented staff that rival the world's finest resort hotels.

The sixth-floor amenity deck serves as the social heart of the building, featuring two stunning pools, one adults-only sanctuary, and one family-friendly space, surrounded by private cabanas and an indoor-outdoor restaurant serving elevated fare.

The third floor houses a comprehensive wellness center with a state-of-the-art spa, fitness facilities, co-working spaces for today's remote professionals, and dedicated areas for every generation, from kids' rooms to teen lounges and even a golf simulator for perfecting your swing.

However, one of the most compelling amenities goes beyond the building itself: the Private Beach Club.

Even though Five Park doesn’t sit directly on the sand, residents enjoy exclusive access to a Five Park-branded beach club in the South of Fifth neighborhood, complete with dedicated chairs, umbrellas, and house car service to transport you from the lobby to the beach in minutes. If you prefer to stretch your legs, a 20-minute walk through the neighborhood will turn your beach day into a scenic journey.

Unmatched Location with Outstanding Connectivity

Five Park's location at 500 Alton Road places it in one of the most coveted addresses in South Beach, at the confluence of the West Avenue corridor, the MacArthur Causeway, and Fifth Street.

Further, sitting directly on the newly completed Canopy Park, you can walk downstairs to enjoy a lush three-acre botanical oasis featuring a dog park, a playground, and walking paths that feel worlds away from the urban energy a few blocks down the road. For high-rise living, having such a retreat right at your doorstep is an extraordinarily rare luxury. Additionally, you are only about 6 blocks from the waterfront SouthPointe Park.

This new South Beach condo is not done delivering value to its residents or community, however. The development also includes the planned construction of the Rainbow Bridge, a pedestrian bridge that will connect Five Park directly to the marina, the baywalk, and the heart of South of Fifth.

For years, the MacArthur Causeway created a barrier between neighborhoods, making pedestrian access challenging and dangerous. Once it’s finished, you’ll be able to stroll or bike across this architectural landmark by simply walking over the causeway and Fifth Street traffic.

This connectivity means living at Five Park Miami Beach gives you the best of all worlds: the serenity of a park-adjacent tower with direct walkability to South Beach’s biggest marina, and car-free access to Miami Beach's most coveted dining, marina, and beach destinations in South of Fifth.

Carefully Crafted Design

As Miami condo experts for 20 years, we believe one of the most valuable aspects of the Five Park in Miami for our clients is the caliber of talent behind its creation. The tower is the result of a thoughtful collaboration between Terra Group, Russell Galbut, Arquitectonica, and New York’s renowned Gabellini Sheppard, each bringing a distinctive expertise that elevates every facet of design and execution.

Terra's track record speaks for itself, from Glass and 87 Park to One Park Grove and Grove at Grand Bay, while Arquitectonica has shaped Miami's skyline for over four decades.

Inside the residences, Gabellini Sheppard's interiors embody understated sophistication. With 30 years of experience bringing New York sensibility to luxury residential design, they've created homes that feel both airy and warm. Think open-concept floor plans with floor-to-ceiling windows, private elevator entries, and deep terraces that extend your living space outdoors.

Regarding distribution, there are two distinct collections of Five Park condos for sale: 

• Park Residences (floors 7-26)  

• Canopy Residences (floors 27-48), with penthouses crowning floors 46-48. 

Units range from one to four bedrooms, going from 870 to 6,000 square feet, with terrace spaces so generous they rival the best Miami Beach waterfront condos.

This is luxury designed for the discerning buyer who craves the South Beach lifestyle but demands a quiet, secure, ultra-luxury sanctuary to call home.

A Rare Opportunity

Five Park Miami Beach offers what few properties in the area can: new construction, unobstructed views, and a prime location, all available for immediate occupancy. In a market where pre-construction means years of waiting, walking into a completed, move-in-ready residence in South Beach's newest and tallest tower is incredibly exceptional.

If you’re ready to experience South Beach's best new construction condo residence, call us to connect with our specialized condo agents to view availability in this legacy tower.