Five Park
500 Alton Rd, Miami Beach, FL 33139
ALERTS FOR FIVE PARK
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Building Facts
| Developer | Terra and GFO Investments |
|---|---|
| Architect | Arquitectonica |
| Year Built | 2024 |
| Units | 226 |
| Floors | 48 |
| Unit sizes | 878 – 5,441 SqFt |
About Five Park
Five Park is the newest luxury condo in Miami Beach and, at 48 stories, one of its tallest. Designed by Arquitectonica with interiors by Gabellini Sheppard, the elliptical tower holds 226 residences on two levels of ownership: the Park Residences below and the Canopy Residences above, which share a private club occupying the entire 26th floor. Floorplans run from 1 to 5 bedrooms, roughly 730 to 5,545 SqFt, with views of the ocean, Biscayne Bay, PortMiami and the Miami skyline. Some 50,000 SqFt of amenities include two pools, a spa, a cafe and workspace, and the developers built a three-acre public park next door.
Lines & Floorplans · 17 plans · 8 lines →For Sale
22 units · avg asking $2,561/SqFt
| Unit ⇅ | Price ⇅ | Listed ⇅ |
|---|---|---|
| 506New1 bed · 846 SqFt | $930,000$1,099/SqFt | 9/14/269/14 |
| 12041 bed · 1,000 SqFt | $1,575,000$1,575/SqFt | 8/6/268/6 |
| 21081 bed · 731 SqFt | $1,650,000$2,257/SqFt | 6/9/266/9 |
| 8021 bed · 1,110 SqFt | $2,200,000$1,982/SqFt | 5/20/265/20 |
| 2207Under Contract2 bed · 1,451 SqFt | $2,325,000$1,602/SqFt · ▼12.3% | 6/18/266/18 |
| 16022 bed · 1,201 SqFt | $2,599,000$2,164/SqFt · ▼3.7% | 12/22/2512/22/25 |
| 24022 bed · 1,218 SqFt | $2,750,000$2,258/SqFt · ▼8.2% | 3/27/263/27 |
| 36042 bed · 1,434 SqFt | $3,250,000$2,266/SqFt · ▼8.5% | 8/6/258/6/25 |
| 34042 bed · 1,434 SqFt | $3,450,000$2,406/SqFt | 8/14/268/14 |
| 30042 bed · 1,434 SqFt | $3,470,000$2,420/SqFt | 4/28/264/28 |
| 16013 bed · 2,178 SqFt | $3,999,999$1,837/SqFt | 5/8/265/8 |
| 2203Under Contract3 bed · 2,335 SqFt | $4,290,000$1,837/SqFt · ▼6.5% | 2/5/262/5 |
| 36053 bed · 1,969 SqFt | $4,695,000$2,384/SqFt | 8/13/268/13 |
| 21053 bed · 2,512 SqFt | $4,999,000$1,990/SqFt · ▼3.9% | 7/28/267/28 |
| 27023 bed · 2,930 SqFt | $6,399,000$2,184/SqFt · ▼8.5% | 5/5/265/5 |
| 31023 bed · 2,930 SqFt | $6,450,000$2,201/SqFt · ▼3.0% | 2/13/262/13 |
| 41023 bed · 2,930 SqFt | $6,799,000$2,320/SqFt | 7/1/267/1 |
| 29034 bed · 2,615 SqFt | $7,500,000$2,868/SqFt · ▼11.8% | 2/5/262/5 |
| 23184 bed · 3,520 SqFt | $10,500,000$2,983/SqFt | 9/4/269/4 |
| 44013 bed · 3,186 SqFt | $10,875,000$3,413/SqFt | 7/6/267/6 |
| 3402.034 bed · 5,441 SqFt | $14,900,000$2,738/SqFt · ▼6.9% | 11/22/2511/22/25 |
| PH 45016 bed · 6,000 SqFt | $23,500,000$3,917/SqFt | 9/9/269/9 |
Pending Sales
Under contract, awaiting closing. The freshest signal of where prices are settling. In the MLS: For sale is Active or Active with Contract; these are Pending. The price shown is the asking price. The closed price appears in Sold when it records.
| Unit ⇅ | Price ⇅ | Pending ⇅ |
|---|---|---|
| 5021 bed · 883 SqFt | $908,160$1,028/SqFt | 9/2/269/2 |
1 residence under contract
Sold · Last 12 Months
33 closed sales · avg $2,068/SqFt · avg 93% of last asking price
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed ⇅ |
|---|---|---|---|
| 5011 bed · 1,075 SqFt | $990,000list $1,026,800 | 96% | 9/2/269/2 |
| 19061 bed · 1,010 SqFt | $1,360,000list $1,489,000 | 91% | 9/1/269/1 |
| 43033 bed · 2,451 SqFt | $8,450,000list $8,450,000 | 100% | 8/24/268/24 |
| 29042 bed · 1,434 SqFt | $3,000,000list $3,200,000 | 94% | 8/4/268/4 |
| 20041 bed · 1,000 SqFt | $1,375,000list $1,450,000 | 95% | 7/15/267/15 |
| 9013 bed · 2,178 SqFt | $3,150,000list $3,195,000 | 99% | 7/6/267/6 |
| 2101/024 bed · 3,521 SqFt | $6,200,000list $6,825,000 | 91% | 7/6/267/6 |
| 18022 bed · 1,357 SqFt | $2,100,000list $2,350,000 | 89% | 6/16/266/16 |
| 35033 bed · 2,615 SqFt | $6,674,000list $7,200,000 | 93% | 6/5/266/5 |
| 34053 bed · 1,969 SqFt | $4,150,000list $4,500,000 | 92% | 6/2/266/2 |
| 36023 bed · 2,930 SqFt | $6,175,000list $6,450,000 | 96% | 6/1/266/1 |
| 9033 bed · 1,991 SqFt | $3,400,000list $3,645,000 | 93% | 5/12/265/12 |
| 8033 bed · 2,335 SqFt | $3,350,000list $3,600,000 | 93% | 5/7/265/7 |
| 28023 bed · 2,930 SqFt | $5,950,000list $6,300,000 | 94% | 4/7/264/7 |
| 3903/39044 bed · 4,049 SqFt | $10,950,000list $12,500,000 | 88% | 3/23/263/23 |
| 23033 bed · — SqFt | $4,200,000list $4,680,000 | 90% | 3/23/263/23 |
| 4201/054 bed · 6,777 SqFt | $12,950,000list $14,000,000 | 93% | 3/13/263/13 |
| 8072 bed · — SqFt | $1,950,000list $2,095,000 | 93% | 2/5/262/5 |
| 10052 bed · 1,516 SqFt | $2,700,000list $2,850,000 | 95% | 2/5/262/5 |
| PH 47015 bed · 6,060 SqFt | $18,500,000list $21,000,000 | 88% | 1/30/261/30 |
| 36033 bed · 2,451 SqFt | $6,750,000list $7,200,000 | 94% | 1/16/261/16 |
| 32014 bed · 3,186 SqFt | $6,000,000list $6,500,000 | 92% | 1/13/261/13 |
| 2305/063 bed · 2,526 SqFt | $4,050,000list $4,420,000 | 92% | 1/12/261/12 |
| 23041 bed · 886 SqFt | $1,400,000list $1,504,500 | 93% | 1/8/261/8 |
| 10061 bed · 1,010 SqFt | $1,150,000list $1,250,000 | 92% | 1/8/261/8 |
| 39053 bed · 1,969 SqFt | $3,735,000list $3,765,000 | 99% | 12/26/2512/26/25 |
| 33033 bed · 2,615 SqFt | $6,500,000list $6,790,000 | 96% | 12/23/2512/23/25 |
| 8013 bed · 2,178 SqFt | $2,900,000list $2,995,000 | 97% | 12/16/2512/16/25 |
| 12013 bed · 2,178 SqFt | $3,500,000list $3,875,000 | 90% | 12/11/2512/11/25 |
| 18033 bed · 1,991 SqFt | $3,900,000list $4,230,000 | 92% | 12/9/2512/9/25 |
| 19041 bed · 875 SqFt | $1,350,000list $1,430,000 | 94% | 12/1/2512/1/25 |
| 20052 bed · 1,389 SqFt | $2,750,000list $3,345,000 | 82% | 10/2/2510/2/25 |
| 39014 bed · 3,186 SqFt | $6,862,500list $7,200,000 | 95% | 9/18/259/18/25 |
% of ask compares the closed price to the final list price. The building's full sold history, 56 sales, lives on the archive view.
Lines and Floorplans
A line is a stack of identical residences, the same plan and views, one above another. Each line’s last sale is the cleanest comp a buyer can get.
| Line ⇅ | Beds ⇅ | SqFt ⇅ | Plan |
|---|---|---|---|
| 01 | 4 / 4½ | 3,186 | View |
| 02 | 3 / 3½ | 2,930 | View |
| 03 | 3 / 4½ | 2,615 | View |
| 04 | 2 / 2½ | 1,434 | View |
| 05 | 3 / 3½ | 1,969 | View |
| — | 4 / 4½ | 5,441 | View |
| 01 | 3 / 3½ | 2,178 | View |
| 01 | 3 / 3½ | 2,178 | View |
| 02 | 2 / 2½ | 1,357 | View |
| 02 | 2 / 2½ | 1,357 | View |
| 02 | 2 / 2½ | 1,357 | View |
| 03 | 3 / 4 | 2,335 | View |
| 04 | 1 / 1½ | 1,000 | View |
| 05 | 2 / 2½ | 1,516 | View |
| 06 | 1 / 1½ | 1,010 | View |
| 07 | 2 / 2½ | 1,451 | View |
| 08 | 1 / 1½ | 878 | View |
Each line’s last sale joins this table when the unit-to-plan mapping loads; a “—” line is a plan whose floor placement awaits confirmation.
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Location
500 Alton Rd · West Avenue / Bay Road
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