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A PRECONSTRUCTION OPPORTUNITY
 
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Five Park - Units For Sale

500 Alton Road, Miami Beach, FL 33139

 

Quick Facts About Five Park

Developer: Terra Development/Russell Galbut
Architect: Arquitectonica
Builder: N/A
Year Built: 2023
Number of Units: 98
Unit Sizes: From 1434 to 6000 s.f.
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Mark Zilbert

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Mark Zilbert

Luxury Real Estate Specialist
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+1 (786) 280-0201

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Description of Five Park

Five Park is South Beach's grand, new 48 story luxury tower, featuring only 98 two-to-five bedroom fully-finished residences, ranging from 1,434-6,000 SqFt. These grand residences start at the 27th floor and rise up to the 48th floor. The lower floors will be luxury apartment for lease.

The adjacent 3-acre Canopy Park features a MONSTRUM Playground, an outdoor gym, picnic areas, dog park, shaded gardens, and art installations. The verdant, plant-filled amenity deck boasts breathtaking sunset views of the Miami skyline and bay, visible from both the adult & family friendly pools. The expansive space also offers unmatched relaxation with shaded trellises, a sunset terrace, numerous cabanas and lounges, and meditation deck. Residents also have a private Beach Club located South of Fifth, with lounge chairs, umbrellas and towel services.

Five Park Residence Features

Residences at Five Park feature private elevators, expansive, open floor plans that maximize the Miami sunlight, 10-foot wide sliding door openings that enable terrace access from living rooms, and of course soaring 10-foot

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

Park - The Canopy Club - Level 26

The Canopy Club is a resident-only membership club, with a club lounge, dining, and living rooms outfitted with outdoor terraces that host amazing views of downtown Miami and Miami Beach. Enjoy elegant, secluded entertainment options at the private jewel box bar, lounge, and billiards room. Plus, a wellness lounge outfitted with private training areas, an outdoor workout zone, exercise bikes, yoga deck and juice bar amid spectacular bay and ocean views.

Preconstruction Sales Information Five Park

Five Park Sales Information

Five Park has just been announced, and is going right to contract. Prices and purchasing options are available upon request. If you are interested in learning more about Five Park, please contact Mark Zilbert above. We will reply promptly, and put you on our List of Interest, and then furnish you with sales information as it becomes available.

Five Park Map and Directions

Five Park Floorplans

Floor map of Five Park
Model Apt. No Beds/ Baths SqFt (m²) Floorplans
01 01 4/4/1 3186 (296.0) Click here to download a PDF file with more details about floorplan type 01
02 02 3/3/1 2930 (272.2) Click here to download a PDF file with more details about floorplan type 02
03 03 3/4/1 2615 (242.9) Click here to download a PDF file with more details about floorplan type 03
04 04 2/2/1 1434 (133.2) Click here to download a PDF file with more details about floorplan type 04
05 05 3/3/1 1969 (182.9) Click here to download a PDF file with more details about floorplan type 05

13 Units for Sale at Five Park

1 Bedroom Units for Sale at Five Park

Average Asking Price - $1,648.20/SQFT
Unit Price List $/sqft Beds/ Baths Interior Space Listing Date
1508 $1,420,000 $1,617 1/1½ 878 s.f. 7/20/2023
2006 $1,595,000 - 1/1½ - 11/30/2024
1804 $1,645,000 $1,645 1/1½ 1000 s.f. 11/19/2024
1806 $1,695,000 $1,678 1/1½ 1010 s.f. 3/13/2024

2 Bedroom Units for Sale at Five Park

Average Asking Price - $2,067.42/SQFT
Unit Price List $/sqft Beds/ Baths Interior Space Listing Date
1202 $2,100,000 $1,548 2/2½ 1357 s.f. 9/30/2024
1007 $2,405,000 $1,657 2/2½ 1451 s.f. 8/12/2024
4404 $4,265,000 $2,974 2/2½ 1434 s.f. 4/23/2024

3 Bedroom Units for Sale at Five Park

Average Asking Price - $2,256.55/SQFT
Unit Price List $/sqft Beds/ Baths Interior Space Listing Date
903 $4,050,000 $1,734 3/4½ 2335 s.f. 8/7/2024
2405/06 $5,320,000 $2,106 3/3½ 2526 s.f. 11/26/2024
3003 $7,500,000 $2,868 3/4½ 2615 s.f. 8/1/2024

4 Bedroom Units for Sale at Five Park

Average Asking Price - $2,982.78/SQFT
Unit Price List $/sqft Beds/ Baths Interior Space Listing Date
2001/02 $7,915,000 $2,248 4/5½ 3521 s.f. 4/23/2024
3803 $7,950,000 $3,040 4/3½ 2615 s.f. 12/4/2024
LPH4702 $20,000,000 $3,397 4/6½ 5888 s.f. 11/15/2024

Pending Sales at Five Park

These are recent sales that have not yet closed. The final sales price will be published after the property has closed.
Unit Price Sold Price Sold $/sqft Beds/ Baths Interior Space Sold Date
2105 $5,000,000 Pending Pending 3/3½ 2526 s.f. 12/8/2023
1705 $2,995,000 Pending Pending 2/2½ 1516 s.f. 2/7/2024
4403 $8,230,000 Pending Pending 3/4½ 2615 s.f. 3/22/2024
4401 $10,565,000 Pending Pending 4/4½ 3186 s.f. 3/22/2024
1902 $2,480,000 Pending Pending 2/2½ 1357 s.f. 9/30/2024
4405 $5,699,000 Pending Pending 3/3½ 1969 s.f. 10/28/2024

Condo Sales History at Five Park

Units Sold at Five Park

1 Sold - $2,973.55/SqFt - In Last 6 Months
Unit Price Sold Price Sold $/sqft Beds/ Baths Interior Space Sold Date
4402 $9,250,000 $8,712,500 $2,974 3/3½ 2930 s.f. 11/26/2024

Zilbert notes on Five Park

Oral representations cannot be relied upon as correctly stating representations of the developer. For correct representations, make reference to the documents required by Section 718.503, Florida Statutes, to be furnished by a developer to a buyer or lessee. This offering is made only by the Developer’s Prospectus for the Condominium. Zilbert is not related to, affiliated or associated with, or a partner in the business of the Developer, or any of Developer’s affiliates or related persons. Zilbert is a recognized cooperating broker. Consult the Prospectus for all terms and conditions of purchase, specifications of what is included with purchase, the association’s operational authority, duties, rights and estimated budget, and Unit dimensions.

 

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Mark Zilbert recommends that buyers, sellers and renters of real estate consult appropriate professionals for legal and other specialized advice.

Information presented on this website is believed to be accurate but is not warranted. Oral representations should not be considered valid. Information presented on this site (and in generated reports) may contain listings from both Zilbert and other brokers who cooperate with Zilbert. The content on this webpage (including drawings, photos, text and other materials) may have been provided by developers, third parties or others, and may have been extracted from a developer's marketing materials. Zilbert does not warrant the accuracy of such information. You should consult your Purchase Agreement, Contract and Condominium Documents for accurate information. Zilbert is an independent broker and has no developer affiliation, unless otherwise noted.

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