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.

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