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Florida Real Estate Wire - Real Estate News > Luxury Real Estate > Five Park Miami Beach: A New Icon of Luxury Living

Luxury Real Estate

Five Park Miami Beach: A New Icon of Luxury Living

September 25, 2025
The iconic 48-story Five Park tower, the tallest in Miami Beach, against a sunset sky
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Five Park Miami Beach: A New Icon on the Horizon

Welcome to Five Park, the new gateway to Miami Beach. Located at 500 Alton Rd., Miami Beach, FL 33139, this architectural marvel is set to redefine luxury living. Developed by the visionary teams at Terra Group and GFO Investments, with a scheduled delivery in 2024, Five Park is poised to become the most coveted address in the city. Standing as the tallest tower in Miami Beach, this 48-story luxury residential building will feature 98 exclusive residences. The vision behind Five Park is to seamlessly blend urban sophistication with the tranquility of nature, anchored by an expansive 3-acre public park at its base. The striking design by Arquitectonica, complemented by the refined interiors from Gabellini Sheppard, creates a living experience that is both grand and intimate, setting a new standard for elegance and design.

The iconic 48-story Five Park tower, the tallest in Miami Beach, against a sunset sky

The Residences

Five Park offers a curated collection of fully-finished residences ranging from two to five bedrooms, with floor plans spanning from approximately 1,434 to over 6,000 square feet. Each home is a sanctuary of style and comfort, featuring private elevators, expansive open-concept layouts, and soaring 10-foot ceilings. The custom-designed kitchens and bathrooms by Gabellini Sheppard are outfitted with premium Gaggenau appliances and exquisite fixtures. Every residence boasts generous terraces offering breathtaking, panoramic views of the Atlantic Ocean, Biscayne Bay, and the glittering Miami skyline. Integrated smart home technology ensures convenience is always at your fingertips.

  • 2-Bedroom Residences: Starting from approx. 1,434 sq. ft.
  • 3-Bedroom Residences: Starting from approx. 2,000 sq. ft.
  • 4 & 5-Bedroom Residences: Inquire for size and pricing.
  • Penthouses: Limited collection, inquire for details.

Pricing begins at approximately $2.5 million.

A sun-drenched living room in a Five Park residence with floor-to-ceiling windows overlooking the Atlantic Ocean

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Unparalleled Amenities and Building Features

Life at Five Park is enriched by a host of world-class amenities designed for wellness, work, and play. Residents will have exclusive access to the Canopy Club, a private owners’ club on the 26th floor featuring a sophisticated club lounge, fine dining, a private den, and a wellness lounge. Other features include:

  • Multiple swimming pools, including a stunning rooftop pool and a ground-level pool deck.
  • A state-of-the-art fitness center, spa, and treatment rooms.
  • Dedicated co-working spaces and elegant meeting rooms.
  • A private screening room.
  • 24/7 concierge, valet, and personalized butler services.
  • Exclusive beach club access in the South of Fifth neighborhood.
  • On-site gourmet dining options.
  • The adjacent 3-acre Canopy Park, featuring a MONSTRUM playground, dog park, event lawn, and public art installations.

Residents relaxing by the serene rooftop pool at Five Park with panoramic views of the Miami skyline

The South of Fifth Lifestyle

Five Park is perfectly situated at the entrance to the prestigious South of Fifth (SoFi) neighborhood, an enclave known for its tranquil, tree-lined streets, upscale dining, and proximity to the water. This highly walkable neighborhood offers an unparalleled lifestyle where the best of Miami Beach is just steps away. Enjoy a morning stroll through South Pointe Park, dock your yacht at the Miami Beach Marina, or dine at world-renowned restaurants like Joe’s Stone Crab and Prime 112. With direct access to both the bay and the beach, Five Park offers the ultimate waterfront living experience.

Top-Rated Schools Nearby

The area is served by several excellent schools, making it a desirable location for families.

  • South Pointe Elementary School: Rated 8/10 on GreatSchools. Official Website
  • Nautilus Middle School: Official Website
  • Miami Beach Senior High School: Official Website

Local Real Estate Market Trends

The Miami Beach 33139 ZIP code, particularly the South of Fifth neighborhood, is one of the most robust real estate markets in South Florida. The demand for new construction and luxury condos consistently outpaces supply, leading to strong property value appreciation. Average sale prices for luxury condos in the area are among the highest in Miami, reflecting the high demand from both domestic and international buyers. With low inventory levels and high rental demand, properties in this zip code present a significant ROI potential for investors. Days on market for well-priced, desirable units are typically low, indicating a fast-moving and competitive market.

Your opportunity to own a piece of the new Miami Beach skyline is here. For those searching for pre-construction condos in Miami Beach or looking to invest in Five Park Miami Beach, this development represents the pinnacle of luxury and design. As one of the premier new developments in 33139, Five Park offers a unique chance to buy new homes in Miami Beach before the market fully absorbs this iconic addition. Don’t miss your chance to own one of the most exclusive Miami luxury condos for sale. Contact us today to request exclusive pricing and floor plans and reserve your unit at Five Park Miami Beach.

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