Five Park Miami Beach

500 Alton Road, Miami Beach, FL 33139

Floor Plans

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2 listings for sale
Unit Price MLS# Beds/Baths Sq.Ft. $/Foot Change Listed Details
2 Bedrooms
1202 $2,375,000 A11506394 2 2/1 1,357 $1,750 Jan 3, 2024
1 Bedroom
1508 $1,420,000 A11422113 1 1/1 878 $1,617 Aug 8, 2023
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0 listings for rent
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2 listings pending
Unit Price MLS# Beds/Baths Sq.Ft. $/Foot Change Listed Details
3 Bedrooms
4403 $8,230,000 A11497691 3 4/1 2,615 $3,147 2.94% Dec 8, 2023 View
1 Bedroom
1706 $1,620,000 A11346312 1 1/1 Feb 24, 2023 View
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0 listings sold

Current Sale and Rent

Number of Units Sold

Average Sold Prices

Average Asking Price vs Average Sold Price

Sold Price per Sq Ft

General Information
Total residences in the building 98
Number of Stories 48
Year Built 2024
Average Maintenance Cost $1.87 Per Square Foot
Pets Allowed NO
Valet Service NO
Oceanview From The Building YES
Currently Available For Sale and Rent
Total residences for sale 3
Total residences for rent 0
Average price per square foot 2172
Maximum price per square foot 3147
Minimum price per square foot 1617
Sold Units Statistics
Average price per square foot 0
Maximum price per square foot 0
Minimum price per square foot 0
Number Of Units Sold
Average price per square foot paid


Five Park Miami Beach — Private Elysium in Miami

Five Park Miami Beach is a new vision for a high-end property in Miami that will change the lifestyle in Miami now and forever. Why? Because it's a combination of whatever you need with whatever you could dream.

Would you like to have a private Elysium-style Park out of the door? Nothing is impossible. We took care of it. Thought out to the smallest detail three-acre park is waiting for you outside your front door.

Want to move out of the park and continue your activities at the private Miami Beach Club? Only five minutes by service vehicle from 5 Park Condominium and relax on the sun lounger with canopy within a few steps to Ocean, where nobody disturbs you.

Also, note the unique elliptical design of our forty-eight-story 5 Park Condominium, which like no other project designed to provide an exciting panoramic view of the Ocean and Bay from any of 98 residences.

Thus, investing in this property will be the perfect choice for you personally and your financial assets.

5 Park Miami Beach Condo — About the Project

5 Park Miami Beach Condo Developers: Terra Group and Russell Galbut

Terra, the award-winning, Miami-based real estate development company founded by David Martin & Pedro Martin, carefully chooses projects that positively impact their surroundings and, by extension, the people who live there.

The firm has cultivated a portfolio of more than five million square feet of residential and commercial real estate valued at over $8 billion and is active across all major real estate asset classes, including luxury condominiums; one of the last is Eighty-Seven Park in North Beach Miami area.

Russell Galbut was born at just the right time to become dazzled by Miami Beach. After World War II, it was during the economic boom of the '50s and '60s.

In 1989, he co-founded the development firm Crescent Heights. Three decades later, the firm – among the largest residential condominium companies in the nation, with over 50,000 residential units developed – has footprints in over 15 markets throughout England and the Middle East.

The Architect of Five Park Miami Beach Condo Tower: Arquitectonica

Founded in 1977, Arquitectonica is Headquartered in Miami, but with a global reach and roots in ten cities around the globe like New York, Los Angeles, Paris, and Hong Kong is a world-renowned architecture brand, interior design, landscape, and urban planning design firm committed to bold, graphic and innovative projects that draw on the modern humanistic design.

Each Arquitectonica project, such as Brickell City Centre Miami, is a unique and memorable masterpiece with modernism pushing the boundaries of conventional design and creating aesthetic and unusual forms in natural harmony with the environment.

5 Park Miami Beach — Interior Architect: Gabellini Sheppard

In the early '90s, New York-based firm Gabellini Sheppard started transforming spaces with their unique aesthetic, focus on sculptural elements, and a holistic approach to sustainable design practices.

Gabellini Sheppard fuses experience and function to create innovative spaces of elevated simplicity, such as in Grove Bay Condominium Miami. The space is open yet layered, with casually elegant furnishings complemented by a graphic, natural material palette.

Design partners Michael Gabellini & Kimberly Sheppard have led the firm to earn over 60 honors and awards from organizations, including the American Institute of Architects, the Municipal Art Society of New York, and the International Interior Design Association, as well as editorial features in numerous design publications.

Design Director of Five Park Condo: Anda Andrei

The winner of HD Magazine's 2017 Platinum Circle Award, AHEAD Global 2020 The Beachfront Beauty Award, and more, Anda is recognized for shaping the boutique and lifestyle hotel world as we know it.

Anda Andrei is the result of a long aristocracy of architects. It gives her the key to all the needed elegance to succeed in a project. As a result, she is simultaneously an outstanding designer in her own right and a catalyst for other designers' work.

With her eye for detail, love of epic challenges, and architectural insights, Anda Andrei has made the world a better-looking place, as she implemented in Asbury Ocean Club Residence.

Park Design and Park Consultant: ArquitectonicaGEO, together with West 8

West 8 is an award-winning international office for urban design and landscape architecture, founded in 1987 with offices in Rotterdam, North America, and Belgium.

Over the last three decades, West 8 has established itself as a leading practice with an international team of 70 architects, urban designers, landscape architects, and industrial engineers.

In a departure from the old demolish and install engineering methodology or the current preserve and protect model, West 8 adds and expresses new natures.

ArquitectonicaGEO does not need an introduction. According to an announcement, Canopy Park will be created considering Habitat Restoration Vegetation, Biodiversity, and Native Plant Communities Irrigation, Water Conservation, and Rainwater Management.

Canopy Park will be a gateway for the City of Miami Beach, an everyday amenity for residents, so our design team, art, and planning visionaries create the most transformational project globally.

Five Park Residences Miami: Location and layout features

Five Park Residences Miami is perfectly located on the South Beach, at 500 Alton Rd, Miami Beach, FL 33139, USA. It's only 5 min drive to the ocean white sand beach and 14 min to Downtown Miami.

Status: pre-construction. Estimated building completion Q4 2024.

Five Park will be one of Miami Beach's tallest towers at 518 feet high. The forty-eight-story 5 Park Tower contains 98 residences ranging from 1778 sq. ft to 4269 sq. ft with two, three, and four bedrooms. But, on every level, only five units. And, of course, beautiful huge upper penthouses, penthouses, and lower penthouses are on the top floors.

5 Park Condominium offers three options for buyers from levels 27 to 45:

• Residences with two bedrooms + 3.5 bathrooms + Storage, and an area of 1434 sq. ft + 344 sq. ft. terrace. Price from $2.6M

• Residences with three bedrooms + 3.5 to 4.5 bathrooms + Den + Study + Storage, and an area from 1969 sq. ft + 539 sq. ft terrace to 2930 sq. ft. + 782 sq. ft terrace. Price from $3.7M

• Residences with four bedrooms + 4.5 bathrooms + Den + Study + Storage, and an area 3186 sq. ft + 1083 sq. ft. terrace. Price from $6M

• Luxury Penthouses up to five bedrooms + 6.5 bathrooms and an area of 6000 sq. ft will occupy levels 46.47 and 48. Price from $8.4M

Residences features

Ceiling heights in residences range from 10 ft to 12 ft in penthouses. All the residences of Five Park are designed with the widest possible panoramic views of the Ocean and Bay.

Every residence has access to an elevator in the private lobby of each residence. In addition, 10' wide sliding door openings enable terrace access from living rooms, and finished floor terraces accentuate a harmonious blend of indoor-meets-outdoor living. Expansive, open floor plans maximize the Miami sunlight.

All residences have a fully designed Gabellini Sheppard finish and turnkey equipment, including flooring, lighting, plumbing, marble finishes, Italian furniture, wardrobes, walk-in closets, natural wood doors, and quartz countertops.

Master bedrooms provide ample wardrobe storage with large walk-in closets. Custom-designed Gabellini Sheppard master bathrooms feature Italian-made vanities and textured glass shower doors. Secondary bathrooms Design-forward Hansgrohe bathroom fixtures feature.

Kitchen equipped by Gaggenau with unsurpassed German quality appliances, including fridge/freezer and wine cooler. Laundry room with sink, cupboards, full-size washer, and dryer. Front-load washers and ducted, vented dryers for clean and quiet laundry access.

Smart home technology to be integrated, high-speed platinum pre-wiring fiber Internet and Wi-Fi throughout the territory, and a special Custom Five Park app for remote services.

Condominium infrastructure and services

The condominium layout provides ease of accessibility to South Pointe Park, the Baywalk, the Miami Beach Marina, and the beach through the Miami Beach Canopy colorful pedestrian bridge, created especially for the 5 Park project.

On the 3rd floor, there is a screening room, co-working studio, children's learning lab & teen club. On the 5th-floor luxury short-term guest suites. Six's floor is an amenity level with two pools sunset terrace of 3500 sq ft, a gym, spa, pool bar & cafe. Floors from 8 to 25 provide luxury apartments. Floors from 8 to 25 presented luxury apartments. On level 26, there is a Five Park Canopy Club which serves private dining only for the residence's owners. Additionally, clubroom Den, Wellness lounge, and Spa.

We have taken care of the full range of services and amenities such as:

- 24-Hour Concierge and Butler Service

- Dedicated Program Director

- Boat Club Access

- House Car & Electric Beach Moke

- Housekeeping Service

- Juice Bar with Fresh Pressed Juices and Healthy Snacks

- In-House Personal Trainer and Wellness Coach

- Top of the Line Cardio and Strength Equipment

- Outdoor Yoga and Exercise Deck

- Signature Spa with Massage and Treatment Rooms

- Men's and Women's Relaxation Lounge with Saunas and Showers

- Adult Pool with Wading Area

- Children & Family-Friendly pool

- Pool Attendants & Towel Service

- Private Cabanas and Lounges

- Yoga Meditation Deck

- Private Beach Club in Miami Beach with a house beach car

- In-Home Delivery from Restaurant

- At-home Meal Plans and Catering available

- Bar Cart Concierge

- Billiard Room & Lounge

- Private Jewel Box Bar & Dining Room

- Den, Curated Library & Workstations

- Men's and Women's Lounges Complete with

- Saunas and Treatment Rooms

- Curated Library & Quiet Room

- Private Meeting Rooms

And of course, our exciting 3-acre paradisiacal Canopy Park with Botanic Grove, Art Installation, Monstrum Playground, Outdoor Gym, Dog Park, Event lawn, Retail pavilion, and Bioswale "Dry River."

Neighborhoods of Five Park Miami

Due to the convenient location of Five Park Miami, everything you need is beside. Flamingo Park (0.9 miles), New World Symphony (1.6 miles), The Bass (2.1 miles), Ocean Boardwalk (0.1 miles), Miami Beach Marina (0.3 miles), South Pointe Miami Beach (0.8 miles).

The Miami International Airport is approximately 27 minutes by car.

The closest Publix Super Market at Fifth & Alton is only 2 min by walk.

The nearby restaurant "100 x 35 Cocina con Raices" is 3 min by walk.

The beside South Pointe Elementary School is 6 min by walk.

One of the big hospitals, Mount Sinai Medical Center, is 13 min by car.

Five Park Miami Beach is an unparalleled project in Miami, with its own private park right out the door, and high-end royal-class amenities — Just your lasting piece of Elysium in Miami!


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker