Five Park

In 2024, Terra Group and GFO Investments, in partnership with architects Arquitectonica and interior designer Gabellini Sheppard, initiated the development of a multifamily bayfront sky-reaching tower in South Beach. It’s an emerging structure immediately north of the MacArthur Causeway, making it the closest neighbor of the mega-luxury South of Fifth high-rise tower lineup. The latter includes mind-boggling communities like Apogee and Murano at Portofino, which are extraordinary South Pointe Park landmarks.

Five Park condos for sale (pre-construction and launch) rest on a magnificent real estate footprint at 500 Alton Road on 400 linear feet of the Intracoastal Biscayne Bay waterway. It connects directly to a striking Miami Beach marina, biking distance from the white sand beaches of the Atlantic Ocean.

Indeed, the Five Park Miami Beach condominium project revolves around a 48-story high-rise contemporary structure containing only 98 units (approximately two condominiums per floor on average) ranging from 1,434 to 6,000 square feet under air (UA)—offering two- to five-bedroom floor plans with up to five bathrooms. Yacht owner buyers of Five Park condos can dock their vessels (up to 100’) in their backyard, promising less than five-minute transitions to open seas with no fixed bridge obstructions.

Future wealthy families residing in their Five Park condominiums, relaxing on their expansive glass-rail terraces (some wraparound) or looking out from behind high-impact wall-to-wall sliders, will never tire of their spectacular Miami skyline vistas. The most striking of these will be magnificent unobstructed Biscayne Bay panoramas (taking in Star Island and other mid-water communities) with city night lightscapes and flourishing nature preserve panoramas as stress-releasing backdrops.

One of Five Park's primary attractions is its walking distance to casual and fine-dining restaurants, bars, delis, and supermarkets. Quick drives connect residents to exciting shopping venues (such as the Aventura Mall, Bal Harbour Shops, and Lincoln Road), gorgeous Sunny Isles Beach, and Downtown Miami. The same goes for pickleball venues, excellent schools, golf courses, museums, the Miami International Airport, and clinics. A few-minute yacht trip across the bay gets one to visit friends living on Fisher Island and back.

Prospective buyers can expect the Five Park developer's handovers to include end to end luxury. Like what? Private elevators (and foyers), expansive, open floor plans featuring soaring 10-foot-high ceilings, and ten-linear-foot sliding door openings. It will extend to providing chef's kitchens by Gabellini Sheppard equipped with Gaggenau appliances, Italian-customized kitchen cabinets, exotic stone countertops and backsplashes, and integrated wood-topped dining tables. Finally, all units will deliver platinum smart-home technology pre-wiring, massive walk-in closets, designer-brand vanities, fixtures, and fittings in spa bathrooms and dedicated lifestyle spaces.

Monthly HOA fees of over $2.00 per square foot condo ownership (UA) will provide fantastic Five Park amenities that traditionally attract buyers from far and wide. One can anticipate a residents-only pool bar and cafe, a fully-equipped fitness center, professional spa and massage treatment rooms, and a private media screening room. Moreover, a conference hub embracing a co-working area, private offices and boardrooms, a children's learning lab and teen club, and luxury short-term guest suites will be on tap.

The range of services at residents’ fingertips will include concierge, butler, personal trainer, and housekeeping accessibility, an exclusive shuttle (to a South of Fifth private beach club with white glove attention), and wifi connection throughout the building’s community spaces (even the garages and elevators).

Outdoor amenities will steal the show, from the 3-acre canopy park (featuring a Monstrum playground, an outdoor gym, picnic areas, dog park, and shaded gardens) to pristine campus lawns, a dog park, an outdoor gym, and a sunset terrace. Resort-style heated adult & family-friendly pools surrounded by expansive sundecks, cabanas, loungers, and a Zen-like meditation platform complete the picture.

Indoors, the convenience, luxury, and second-to-none benefits continue. How? Five Park’s 26th-floor Canopy Club offers residents bar, lounge, dining, and outdoor terrace options with eye-popping views, a clubroom den for quiet repose, billiards rooms, a private dining room for parties and celebrations, a dedicated wellness and exercise section plus juice bar, and more.
Finally, the HOA package includes building insurance, elevator maintenance, and entry through a dramatic double-story lobby with incredible artwork.

Five Park Condos For Sale

$16 Million

MLS#AX-11918764

500 Alton 3402.03
Miami Beach, FL 33139

4

5

2

5,014 Sq Ft

Water Front

130 Days

$10,875,000

MLS#AX-11830772

500 Alton Rd 4401
Miami Beach, FL 33139

4

5

3

3,186 Sq Ft

268 Days

Under Contract

$6,300,000

$6,999,999

MLS#AX-11880458

500 Alton Rd 2802
Miami Beach, FL 33139

3

4

2

2,930 Sq Ft

Water Front

135 Days

$5,700,000

MLS#AX-11945265

500 Alton Rd 2105
Miami Beach, FL 33139

3

4

2

3,516 Sq Ft

Water Front

77 Days

$4.5 Million

MLS#AX-11931048

501 West Ave 3405
Miami Beach, FL 33139

3

4

2

2,508 Sq Ft

107 Days

Reduced

$4,250,000

$4,600,000

MLS#AX-11923113

500 Alton Rd 1601
Miami Beach, FL 33139

3

4

2

3,086 Sq Ft

121 Days

Under Contract

$3,600,000

MLS#AX-11845576

500 Alton Rd 803
Miami Beach, FL 33139

3

4

2

2,335 Sq Ft

Ocean Front

244 Days

Reduced

$3,470,000

$3,750,000

MLS#AX-11789430

500 Alton Rd. 3004
Miami Beach, FL 33139

2

3

2

1,434 Sq Ft

Water Front

343 Days

Reduced

$3,450,000

$3,550,000

MLS#AX-11853899

500 Alton Rd 3604
Miami Beach, FL 33139

2

3

1

1,778 Sq Ft

Ocean Front

238 Days

$2,875,000

MLS#AX-11788603

500 Alton Rd 1105
Miami Beach, FL 33139

2

3

2

1,516 Sq Ft

341 Days

$2,650,000

MLS#AX-11940168

500 Alton Rd 2207
Miami Beach, FL 33139

2

3

2

1,451 Sq Ft

461 Days

Reduced

$2,200,000

$2,300,000

MLS#AX-11911811

500 Alton Rd 802
Miami Beach, FL 33139

1

2

1

1,110 Sq Ft

Water Front

142 Days

14 Active Listings in Five Park