Five Park
500 Alton Road, Miami Beach, FL
Five Park
500 Alton Road, Miami Beach, FL
For Sale
For Rent
List Price
$908K+
For Sale
For Rent
List Price
$908K+
About
Five Park
BEACH LIVING WITH AN INCOMPARABLE BACKDROP Five Park’s elliptical floor plans serve to optimize dweller’s access to abundant natural light and expansive views of the city, water, and park below while also opening visual access in communal areas, corridors, and accessible terraces. Verdant and lush terraces bring earth to sky, but they also help modulate the building’s heating and cooling, adding a layer of smart technology to this well-considered ecosystem. Resourceful techniques improve the building’s approach to water quality, water management, and heat load.
Diriet Diaz
diriet@diazhometeam.com
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Key Building Details
Sales Stats
Key averages for these properties
Avg List Price
$4,049,816
Avg List Price / Sq Ft
$2,023
Avg Sale Price
$3,735,667*
*past 6 months
Avg Sale Price / Sq Ft
$1,815*
*past 6 months
175*
Avg Days on Market
*past six months
Sales History
Number of sold properties by month
May 20260
April 20261
March 20261
February 20262
January 20265
December 20256
Available properties at Five Park
Project Team
Developer
TERRA GFO
Architect
ARQUITECTONICA
Interior Design
GABELLINI SHEPPARD
Deposit Schedule
Step 1
10% at contract
Step 2
10% at 60 days
Step 3
10% January 2024
Step 4
10% June 2024
Step 5
60% at Closing
Highlights
BUILDING AMENITIES AND SERVICES
Co-working area with private offices and board rooms
Children's learning lab & teen club
Screening room
Luxury short term guest suites for friends and family
Resident only pool bar & café
24-hour concierge and butler service
Housekeeping services available
Beach Club transportation via electric Moke
.
Fully-outfitted Gym
Spa & Treatment rooms
State-of-the-art fiber-optics provide high-quality internet and WiFi service from every corner of Five Park residences and amenities, even garage and elevator spaces
OUTDOOR AMENITIES
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
Private Beach Club located South of Fifth, with lounge chairs, umbrellas and towel service
Electric vehicle charging stations
Affordability
Calculate your monthly mortgage payments
Your estimated payment: $6,649/month
Home Price
Down Payment
Interest Rate
Property Tax Rate
HOA /month
Insurance /month
Loan Type
Principal & Interest
$4,664Property Taxes
$832Home Insurance
$265HOA
$887Powered by Panda IDX · *Data used for estimated monthly cost is provided for informational purposes only. Actual rates may vary based on credit score, location, and lender. Interest rates as of March 2026.