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Five Park

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500 Alton Rd and 501 West Ave, Miami Beach, FL, 33139

Five Park image #1
Sale
21
Rent
13
PRICE
$1,199,000+
SQ FT
878-5,014
UNITS
280
STORIES
48
BUILT
2025

About

Five Park

Five Park: South Beach’s tallest tower, with a 3-acre park plus a private residential & beach club

Five Park is a true architectural marvel in Miami Beach. With a height of 518 feet, it not only stands out as the tallest residential tower in South Beach but also features a 3-acre public park, a statement pedestrian bridge by French artist Daniel Buren, a residents-only social club, and a private beach club.

Designed by Miami’s prolific Arquitectonica, Five Park rises 48 stories with 98 fully finished, spacious residences. Tapping New York’s award-winning Gabellini Sheppard for its interiors, the luxury tower affords residences expansive balconies and open-air plans, custom-designed kitchens and baths by Gabellini Sheppard, Italian-made kitchen cabinets, integrated wood-top dining tables, Gaggenau appliances, design-forward Hansgrohe bathroom fixtures, and incredible views in every direction.

Amenities at this landmark property developed by Terra Group and GFO Investments include Miami Beach’s first residents-only member's club, a residents-only pool bar & café, screening room, signature spa, children’s learning lab & teen club, fully-outfitted gym, electric vehicle charging stations, plus access to the custom Five Park app to manage amenities and at-home experience seamlessly.

You also have full access to the adjacent 3-acre, ArqGeo & West 8-designed Canopy Park via the Daniel Buren-designed Canopy Bridge, complete with its MONSTRUM playground, outdoor gym, art installations, picnic areas, dog park, shaded gardens, and more.

Living at Five Park, you will be right off MacArthur Causeway at the entrance to South Beach and the South of Fifth neighborhood, with easy access to the mainland. Perched at the gateway of Miami Beach’s most coveted residential neighborhood, South of Fifth, you will be within walking distance to a Whole Foods, Publix, Miami Beach’s top restaurants, and the beach. A short drive will deliver you to Lincoln Road’s open-air shopping strip, Downtown’s Perez Art Museum, the FTX Arena, Adrienne Arsht Center, Wynwood, and other Miami hotspots.

Five Park Residence Features

  • Two-to-five bedroom fully-finished residences from 1,434SF to 6,000SF
  • Unparalleled views of the ocean, bay, and Miami Skyline
  • Private elevator and foyer entrance
  • Expansive, open floor plans maximizing Miami sunlight
  • 10-foot-wide sliding door openings for terrace access from living rooms
  • Finished floor terraces for harmonious indoor-meets-outdoor living
  • Soaring 10-foot ceilings
  • Design-forward Hansgrohe bathroom fixtures in secondary bathrooms

KITCHEN

  • Gabellini Sheppard's custom-designed kitchens
  • Italian-made kitchen cabinets
  • Stone countertops and backsplashes
  • Accent-colored, frosted glass upper cabinets
  • Integrated wood-top dining tables
  • Gaggenau appliances with ducted cooktop vents

MASTER SUITE

  • Large walk-in closets
  • Custom-designed Gabellini Sheppard master bathrooms featuring Italian vanities and textured glass shower doors
  • Select units feature wet rooms

TECH & APPLIANCES

  • Front-load washers and ducted, vented dryers
  • Residences prepped with platinum pre-wiring
  • Custom Five Park app to manage amenities and at-home experience

Five Park Building Amenities

  • Private, resident's porte-cochere drop-off and lobby
  • Easy connectivity to South Pointe Park, the Baywalk, the Miami Beach Marina and
  • the beach via the iconic Daniel Buren-designed Miami Beach Canopy pedestrian bridge
  • Electric vehicle charging stations

CANOPY CLUB – LEVEL 26

  • Club lounge, dining, and living rooms outfitted with outdoor terraces with amazing views of downtown Miami and Miami Beach
  • Elegant, secluded entertainment options at the private jewel box bar, lounge, and billiards rooms
  • Clubroom den
  • Private dining room for special events
  • Club-level dining experience curated seasonally by a host of visiting renowned chefs
  • Wellness lounge with private training areas, an outdoor workout zone, exercise bikes, yoga deck, and juice bar
  • In-house personal trainer and wellness coach
  • Women’s and men’s spa lounges, each with separate saunas, and a dedicated massage
  • and treatment room
  • Dedicated club-level concierge

OTHER AMENITIES

  • Fully-outfitted Gym
  • Spa & Treatment rooms
  • Co-working area with private offices and board rooms
  • Children's learning lab & teen club
  • Screening room
  • Luxury short-term guest suites for friends and family
  • Resident-only pool bar & café
  • 24-hour concierge and butler service
  • Housekeeping services available
  • Beach Club transportation via electric Moke
  • State-of-the-art fiber-optics for high-quality internet and WiFi service from every corner of
  • Five Park residences and amenities, even garage and elevator spaces

CANOPY PARK

  • 3-acre Canopy Park featuring a MONSTRUM Playground, an outdoor gym, picnic areas, dog park, shaded gardens, and art installations
  • Verdant, plant-filled amenity deck with sunset views of the Miami skyline and bay, visible from both the adult & family-friendly pools
  • Shaded trellises, a sunset terrace, numerous cabanas and lounges, plus meditation deck
  • Private Beach Club located South of Fifth, with lounge chairs, umbrellas, and towel service

Key Building Details

Architect
Arquitectonica
Developer
Terra Group
Interior Designer
Gabellini Sheppard
Neighborhood
Avg Price / Sq Ft
$2,302
Avg Assoc Fee
$2.47 / sq ft / month
CBB Rank
4.3/5help popup
Pets
Pets OK for Owners & Renters

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Building Amenities

Pool / Spa
Pool / Spa
Cabana, Heated Pool, Spa / Hot Tub, Sauna
Sport / Fitness
Sport / Fitness
Exercise Room, Pool
Parking
Parking
Garage, Valet
General Amenities
General Amenities
Bike Storage, Bar, Business Center, Child Play Area, Club Room, Elevator
Waterfront
Waterfront
No

Additional details

Avg Price / Sq Ft
$2,302
Unit Conveniences
Central Cooling, Central Heat, Dishwasher, Electric Heat, Walk In Closets, Washer/Dryer
Maintenance Includes
N/A
Type of Association
N/A
Style
Condo, Condo 5+ Stories, Condo/Co-Op/Annual
Transit Score ®
Bike Score ®

Available Condos at Five Park

There are currently no units listed for sale in the MLS
for price list and members-only developer specials

Five Park floorplans

Five Park floorplans
Apt#
01
02
03
04
05
06
07
08
Model
Residence 01
Residence 02
Residence 03
Residence 04
Residence 05
Residence 06
Residence 07
Residence 08
Bed / Baths
3 / 3 .5
2 / 2 .5
3 / 4
2 / 2 .5
2 / 2 .5
1 / 1 .5
2 / 2.5
1 / 1.5
Floors
8 - 25
8 - 25
8 - 25
8 - 25
8 - 25
8 - 25
8 - 25
8 - 25
Interior + Ext (Sq Ft)
2,178 + 908
1,357 + 279
2,335 + 679
1,000 + 187
1,516 + 818
1,010 + 186
1,451 + 448
878 + 231

Five Park building stats

Inventory
Condos for Sale and for Rent
280
Total Condos
21 Condos for Sale
8% of building
13 Condos for Rent
5% of building
12%
of building

Sales stats

Key averages for the building

AVG LIST PRICE

$4,483,857

AVG LIST PRICE / SQ FT

$2,302

AVG SALE PRICE

$5,468,611*

*past six months

AVG SALE PRICE/ SQ FT

$2,136*

*past six months

178*

Avg Days on Market

*past six months

Sales history

Number of sold condos by month

April 2026
1
March 2026
3
February 2026
2
January 2026
6
December 2025
5
November 2025
1

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