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Five Park

500 Alton Rd, Miami Beach, FL, 33139
Market data compiled by Andres Jara, Licensed Real Estate Broker · Douglas Elliman · Data updated September 24, 2026
226
RESIDENCES
49
STORIES
2024
YEAR BUILT
$930K – $23.5M+
VALUE RANGE

Five Park is a luxury condominium tower at 500 Alton Road in Miami Beach, completed in 2024-2025 at the gateway between South Beach and the MacArthur Causeway. Rising about 48 stories and 518 feet, it is the tallest tower in Miami Beach. The project was co-developed by Terra and GFO Investments, designed by Arquitectonica, with interiors by Gabellini Sheppard and a 3-acre public Canopy Park at its base.

The building holds 226 residences offered in two collections (Park Residences and Canopy Residences), with two- to five-bedroom layouts ranging from roughly 1,434 to 6,000 interior square feet. Amenities are anchored by the Level 26 Canopy Club, a private beach club reached via electric Moke, and extensive family- and wellness-focused facilities.

Available Residences at Five Park

6+ Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
4501$23,500,0006 / 8 / 16,000$3,91713
Listing courtesy of Marko Gojanovic, One Sotheby's International Realty, 305-538-9711.

4 Bedroom Condos · 3 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
3402$14,900,0004 / 5 / 15,441$2,738279
Listing courtesy of Charlotte Maietto, Douglas Elliman, 305-695-6060.
4401$10,875,0004 / 4 / 13,186$3,41377
Listing courtesy of Monika Kamardinov, Douglas Elliman, 305-695-6300.
2318$10,500,0004 / 53,520$2,98314
Listing courtesy of Nelson Gonzalez, BHHS EWM Realty, 305-674-4000.

3 Bedroom Condos · showing 5 of 6

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
4102$6,799,0003 / 4 / 12,930$2,32040
Listing courtesy of Angel Gonzalez, One Sotheby's International Realty, 305-538-9711.
3102$6,450,0003 / 4 / 12,930$2,201151
Listing courtesy of Christopher Wands, Douglas Elliman, 305-677-5000.
2105$4,999,0003 / 4 / 12,512$1,99034
Listing courtesy of Nicholas Jovanovich, Douglas Elliman, 305-695-6300.
3605$4,695,0003 / 4 / 11,969$2,3844
Listing courtesy of Chase Curson, Coldwell Banker Realty, 305-672-6300.
2203$4,290,0003 / 42,335$1,837215
Listing courtesy of Anca Mirescu, Douglas Elliman, 305-695-6300.

2 Bedroom Condos · showing 5 of 6

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
3404$3,450,0002 / 3 / 11,434$2,40626
Listing courtesy of Esther Percal, BHHS EWM Realty, 305-674-4000.
3004$3,324,0002 / 3 / 11,434$2,318149
Listing courtesy of Marcello Agostini, AG Real Estate Advisors, LLC, 305-374-2092.
3604$3,250,0002 / 3 / 11,434$2,266399
Listing courtesy of Dean Bloch, Douglas Elliman, 305-677-5000.
2402$2,750,0002 / 3 / 11,218$2,258159
Listing courtesy of Hector Silva Jr., Bayview International Realty, 305-692-0940.
1602$2,599,0002 / 3 / 11,201$2,164144
Listing courtesy of Alessandro Saponaro, AFS Living, 415-994-8214.

1 Bedroom Condos · 5 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
802$2,200,0001 / 2 / 11,110$1,98217
Listing courtesy of Gabriele Braha, Interealty Exchange Inc, 786-773-1844.
2108$1,650,0001 / 2 / 1731$2,2571
Listing courtesy of Gustavo Strallnikoff, Dezer Platinum Realty LLC, 305-932-1000.
1204$1,575,0001 / 2 / 11,000$1,5751
Listing courtesy of Attila Yildiz, Coldwell Banker Realty, 305-672-6300.
506$930,0001 / 2846$1,0999
Listing courtesy of Samantha Elenson, One Sotheby's International Realty, 305-538-9711.
502$908,1601 / 2883$1,028120
Listing courtesy of Angelica Garcia, Douglas Elliman, 305-695-6070.
Neighborhood
South Beach

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

18
Active Listings
▼ 4% vs last month
Avg List Price
$6M
Avg Days on Market
86

INVENTORY BY BEDROOM

  • 1 Bed (4) 22%
  • 2 Bed (5) 28%
  • 3 Bed (5) 28%
  • 4 Bed (3) 17%
  • 5+ Bed (1) 6%
Building vs. Market
122% premium to Miami Beach
Commands a 122% premium to the Miami Beach average ($1,972 vs $889/sqft) — a sign of stronger relative demand.

INVENTORY TREND (ALL UNITS)

262014Oct '25Feb '26Jun '26
11
New Listings
last 3 months
$1,972
Avg Sale $/SqFt
last 36 months
7.4
Months of Supply
29
Sold
last 12 months

Market & Community Report

As of September 24, 2026, Five Park carries 18 active listings at an average asking price of $6M, with an average time on market of 86 days. Closed sales over the preceding 36 months averaged $1,972 per sq ft, and 29 transactions closed in the past 12 months — implying 7.4 months of supply against the current pace of absorption.

Zip code 33139 (Miami Beach) is home to 34,406 residents with a median age of 42.1. Per-capita income stands at $88,782; 55.4% hold a bachelor's degree or higher. 33.9% of units are owner-occupied; 26.7% of residents work from home.

Data current as of September 24, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Five Park

How many condos are for sale at Five Park?

As of September 24, 2026, 18 residences are actively listed for sale at Five Park. Current asking prices range from $930K to $23.5M. Inventory updates daily from the MLS.

How much do condos at Five Park cost?

Condos at Five Park are currently asking from $930K to $23.5M. Over the past 36 months, closed sales have averaged $1,972 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Five Park?

Based on MLS closed sales over the preceding 36 months, the average sale price at Five Park is $1,972 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Five Park located?

Five Park is located at 500 Alton Rd, Miami Beach, FL, 33139, in the South Beach area.

What neighborhood is Five Park in?

Five Park is in South Beach, Miami Beach. You can compare every condo building, home inventory, and price trend across South Beach on its neighborhood guide.

How many units are in Five Park?

Five Park has 226 residences across 49 stories.

What year was Five Park built?

Five Park was completed in 2024.

What floor plans are available at Five Park?

Five Park has 1 published floor plan, spanning 1-bedroom layouts. See the Floor Plans tab above for unit lines, dimensions, and layouts.

What amenities does Five Park offer?

Five Park amenities include Canopy Club on Level 26 (sky lounge, bar, dining room, wellness lounge), Private beach club with chairs, umbrellas and towel service, Beach club transportation via electric Moke, Resident pool with bar and cafe, Spa with treatment rooms, saunas and hammams, Fully outfitted gym, 24/7 concierge and butler service, Co-working area with private offices and board rooms.

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