Video: Five Park Residences – Miami Beach’s Newest Luxury Highrise Project

Video: Five Park Residences – Miami Beach’s Newest Luxury Highrise Project

Feb 27, 2023 February 27, 2023

As the first condo project to rise in over 15 years in Miami Beach, Five Park Residences delivers on a tall order. The ultra-luxury residences will stand as a landmark at the entrance to South Beach on the MacArthur Causeway, featuring sweeping views in every direction, owing to the tower’s remarkable height, thoughtful design, and privileged location.

Anchored by a newly created 3-acre public park and iconic Daniel Buren-designed pedestrian Rainbow Bridge connecting the West Avenue Corridor to the exclusive South of Fifth neighborhood, Five Park makes for a landmark address. 

The 48-story tower will be home to two sets of residences – the Park Residences & Canopy Residences. Featuring almost 100-feet-long balconies and custom Gabellini Sheppard finishes, these statement homes will be tailored to deliver an elevated lifestyle to its cosmopolitan residents who want to live on the beach.  

Watch the video for more information on the architecturally significant and highly curated Five Park Residences in South Beach:


— Five Park Residences, South Beach – Key Details

  • Groundbreaking: July 2020 (Phase 1 – Canopy Park)
  • ​​Completion: Year-end 2024
  • Architecture by: Arquitectonica – Miami’s most prolific, award-winning design and architecture firm, also known for shaping South Florida’s modern skyline. For Five Park Residences, the firm envisioned an elliptical tower affording stunning views in every direction.
  • Interiors by: New York’s highly acclaimed Gabellini Sheppard Studio in collaboration with hospitality design expert Anda Andrei – to deliver signature New York finesse accented by Miami’s unique aesthetic for one-of-a-kind homes.
  • Developer: Terra Group in partnership with Russell Galbut. Terra Group is known for developing some of Miami’s most stunning condo buildings, including Glass South BeachPark Grove Towers in Coconut Grove, Grove at Grand Bay, and the elliptically shaped Eighty Seven Park in North Beach on the ocean.
  • Floors: 48 stories – Miami Beach’s tallest yet (and expected to be for a long time to come)


Five Park Residences, South Beach – Residence Details

Unit Sizes: Only 240 high-design luxury condos:

  • Park Residences – Spread across the 8th to 25th floors, with a choice of one-, two- & three-bedroom residences starting at 878 square feet.
  • Canopy Residences – Spread across the 27th to 48th floors, offering a choice of two-, three- & four-bedroom residences
  • Penthouses – Occupying the 46th to 48th floor, with a choice of four half-floor residences


Five Park Residences, South Beach – Amenities 

  • Anchored by the 3-acre public park called Canopy Park, complete with a MONSTRUM playground for kids, outdoor gym, dog park, picnic areas, art installations, and more.
  • To include an iconic rainbow glass, pedestrian bridge designed by the French artist Daniel Buren that will offer a seamless connection to the baywalk, South Pointe Park, and the beach.
  • Private Beach Club in South of Fifth, with special house car access, featuring branded chairs, umbrellas, towels, and food & beverage service.
  • 6th-floor amenity deck featuring two pools, private cabanas, a residents-only indoor-outdoor restaurant, gym, and spa.
  • 3rd-floor coworking spaces with common-use and private offices, boardrooms, plus a technology butler for troubleshooting.
  • More world-class amenities including a jewel box bar and lounge, clubroom den, wellness lounge, fitness areas, library, children's learning lab & teen club, electric vehicle charging stations, and custom Five Park app.


What’s Living in Miami’s South Beach Neighborhood Like?

You will be in one of Miami Beach’s most coveted (and quietest) residential corridors – right at the confluence of West Avenue and South of Fifth. Besides being surrounded by Miami Beach’s top restaurants, you’ll be an easy walk from the beach, a Publix, Target, and Whole Foods. With instant access to the MacArthur Causeway, a 10-minute drive will deliver you to the urban core of Downtown Miami, while the airport, Wynwood, and Brickell will all be about 15-25 minutes away.

📣 Connect with us on Instagram, TikTok and YouTube📣

For more phenomenal videos on Miami's best new buildings, pre-construction projects, neighborhood comparisons, restaurants, and as well as expert information on Miami and Miami Beach Real Estate, subscribe to our YouTube channel, and follow us on Instagram @BlackbookProperties.

Contact Us
Sep Niakan
Broker / Team Lead
(305) 697-7667
Request Info
By sending you agree to CondoBlackBook's Terms of Use

Your Miami Condo Awaits

Recent Posts

Save on Your Miami & Florida Property Taxes with This Video!
Real Estate News Save on Your Miami & Florida Property Taxes with This Video!
Did you know that property taxes can’t ever increase more than 10% for investors in Florida? Information nuggets like this can easily shave thousands of dollars off your property tax bill in South Florida! In our latest video, Sep Niakan, founder and lead broker of Blackbook Properties, talks to CPA and Miami tax expert, Christian Daulong about the simplest ways to save money on your real estate taxes in Miami, Florida. There’s a lot to take away from this, so permanent residents, second homeowners, and investors, take note!     As a Miami homeowner, we want what’s best for YOU! That's why we’re sharing our top Florida property tax tips (try saying that fast!) for primary homeowners, second homeowners, and even investors. With these recommendations, you’ll make the most out of your South Florida property, so you can fully immerse in Miami’s vibrant culture and beautiful beaches smartly and with financial peace of mind. Learn how to maximize your benefits from the Homestead...
Pagani Residences Miami: Live in the Lap of Hypercar Luxury
Preconstruction Pagani Residences Miami: Live in the Lap of Hypercar Luxury
Miami, it’s time to get hyped about hypercar luxury residences with the groundbreaking fusion of the hyper-automotive industry and architecture through the creation of Pagani Residences. Nestled in the picturesque North Bay Village, this exclusive development marks the world's first collaboration between Italian hypercar icon Pagani Automobili and Miami-based real estate developer Riviera Horizons. And it continues the trend of luxury car branded-residences, which has brought Miami the likes of Aston Martin Residences in Downtown Miami, Bentley Residences in Sunny Isles Beach, and of course, Porsche Design Tower, where residents drive up to their condo homes with its patented Dezervator elevator system.For Pagani’s first venture into the real estate world, Miami’s iconic skyline and global appeal make the perfect backdrop, and in this blog, you’ll find out why Pagani Residences Miami promises a living experience that is engineered to live up to its hypercar luxury name. —...
March 2024: Fort Lauderdale and Palm Beach Pre-Construction Condo News Update
Preconstruction March 2024: Fort Lauderdale and Palm Beach Pre-Construction Condo News Update
As developers announced and launched exciting new projects, luxury condo development continued booming in South Florida. This month, partners Related Group and BH Group launched sales for West Palm Beach’s first Ritz-Carlton Residences condo development. The developer duo further launched sales for Icon Beach and won approval to build another condo-hotel in Hollywood Beach. Further, Ari Pearl swapped his plans to build a rental tower at The Club at Emerald Hills golf course with brand-new condos and villas. Read below to find details on these and more projects in our March 2024 pre-construction condo market round-up for Fort Lauderdale and Palm Beach: — March 2024 – Fort Lauderdale Condo Pre-Construction Market at a Glance Sales Launched Ritz-Carlton Residences – West Palm Beach Icon Beach Residences – Hollywood Beach Approved Diplomat Landing Hotel (Tower 2) – Hollywood Beach 1920 Pierce – Downtown Hollywood Planned/Proposed Sage Residences – Fort...
Complete List of Miami Condos with Tennis Courts
Lifestyle Complete List of Miami Condos with Tennis Courts
Tennis has been a favorite sport to enjoy throughout your life. But often it's hard to play at home – you've got to find a racquet club or local tennis complex. So if you're looking for Miami condo buildings that have tennis courts, since enjoying the sport and staying fit is a top priority, we get it. And the convenience of having a tennis court onsite is a big bonus. Since home is where the heart is, having a private tennis court right at your condo doorstep can be one of the biggest motivation factors whether you like to play for fun, fitness, or serious competition. So, for all tennis enthusiasts out there, here's a full list of Miami condos that give their residents exclusive access to tennis courts, whether hard, grass, or clay, as part of their range of amenities. — Miami Condo Buildings with Private Tennis Courts Building name Address Neighborhood City  Year Built Sq. Ft. Range # of courts 1000 Venetian Way 1000 Venetian...
Explore the Understated Elegance at Rivage Bal Harbour with Our Video Tour
Video Blog Explore the Understated Elegance at Rivage Bal Harbour with Our Video Tour
Join us for a tour of the gorgeous new sales gallery of the upcoming Rivage Residences in Miami’s Bal Harbour. Sep Niakan, founding broker of Blackbook Properties, interviews Rita Collins, sales executive at Rivage Bal Harbour, where they talk about all the hand-picked finishes, customizations, and one-of-a-kind luxuries that set this boutique project apart. It will be the next icon in oceanfront living!     — Setting New Standards of Luxury Living on the Beach Rivage welcomes you to a glamorous world of customizable finishes and thoughtful curations that make it a true villa. With only 56 sprawling residences (or less, as first buyers can combine units), this 25-story tower will deliver true boutique living on one of Miami’s most pristine beachfronts. Renowned interior designer Lauren Rottet provides a range of finishes, from wood to marble, or light to dark cabinetry, among other options, transforming each water-facing unit into a place you can instantly call home. Perfect for...
New Emotional Support Animal (ESA) Law Florida: Complete Condo Guide
Opinions and Advice New Emotional Support Animal (ESA) Law Florida: Complete Condo Guide
Finding and moving to a new home can be a strenuous experience, even when you like the change you’re making. This is more so when you have an emotional condition or disability and part of your treatment involves having an Emotional Support Animal (ESA). In this case, finding a new home comes with a whole new set of challenges only you and your furry friend can know. And no one needs the added fear and stress of possibly being denied housing or being discriminated against for owning an ESA. Thankfully, a new Florida law on emotional support animals that went into effect July 1, 2020, explicitly states what you and your current/prospective landlord or HOA can and cannot do regarding Emotional Service Animals. The law applies to all condos, apartments, and rental homes. Last updated on March 27, 2024. Photo courtesy of Oleg Ivanov Here’s how the 2020 Florida ESA law empowers both sides:  — ESA Rules: What a Florida Landlord Can & Cannot Do A Florida landlord cannot deny...