Five Park Condos for Sale
21 units available · From $908,160 · Midtown Miami
About this building
Five Park
Updated June 2026Five Park is a 48-story condominium at 500 Alton Road in South Beach, Miami Beach, at the gateway to South of Fifth, completed in 2024. Designed by Arquitectonica and developed by Terra and GFO Investments, it is Miami Beach’s tallest tower and sits beside the new three-acre Canopy Park.
It finished in 2024 and runs 48 stories, which makes it the tallest building in Miami Beach. Floor plans range from one to four bedrooms, with interiors by Gabellini Sheppard. What sets the tower apart is what sits at its base: Canopy Park, a three-acre public green space with a playground, dog run, and outdoor gym, so residents step out into a park rather than onto a busy street.
Five Park at a Glance
- Canopy Club private members lounge on the 26th floor
- Men's and women's spas with saunas, steam, and a hammam
- Resort pool deck with poolside service
- Fitness center with a movement studio and treatment rooms
- Direct access to the three-acre Canopy Park
- Kids club and teen room
- Residents restaurant and bar
- Coworking lounge and private offices
- Bay and ocean views from upper floors
- 24/7 concierge, valet, and security
Live Market Snapshot
Five Park Market
Active Units
21
Asking Range
$908,160 – $14,900,000
Median Asking
$2,849,000
Median $/Sq Ft
$1,966
Median Maint./Mo
$3,226
Tap a bar to see how many active units fall in each price band.
Live from SEFMLS (miamire dataset), as of June 8, 2026. Active listings only; figures update automatically.
Live MLS Listings
Active Listings at Five Park
Showing 21 active units at Five Park
$908,160
500 Alton Rd # 502, Miami Beach FL 33139
Listing by Douglas Elliman
$1,026,800
500 Alton Rd # 501, Miami Beach FL 33139
Listing by Douglas Elliman
$1,199,000
500 Alton Rd # 908, Miami Beach FL 33139
Listing by BHHS EWM Realty
$1,450,000
500 Alton Rd # 2004, Miami Beach FL 33139
Listing by Douglas Elliman
$1,489,000
500 Alton Rd # 1906, Miami Beach FL 33139
Listing by Douglas Elliman
$1,649,000
500 Alton Rd # 1204, Miami Beach FL 33139
Listing by Coldwell Banker Realty
$2,200,000
500 Alton Rd # 802, Miami Beach FL 33139
Listing by Interealty Exchange Inc
$2,350,000
500 Alton Rd # 1802, Miami Beach FL 33139
Listing by Douglas Elliman
$2,475,000
500 Alton Rd # 2207, Miami Beach FL 33139
Listing by Coldwell Banker Realty
$2,599,000
500 Alton Rd # 1602, Miami Beach FL 33139
Listing by AFS Living
$2,849,000
500 Alton # 1205, Miami Beach FL 33139
Listing by Douglas Elliman
$2,885,000
500 Alton Rd # 2402, Miami Beach FL 33139
Listing by Bayview International Realty
$3,200,000
500 Alton Rd # 2904, Miami Beach FL 33139
Listing by Compass Florida, LLC
$3,450,000
500 alton rd # 3604, Miami Beach FL 33139
Listing by Douglas Elliman
$3,470,000
500 Alton Rd. # 3004, Miami Beach FL 33139
Listing by AG Real Estate Advisors, LLC
$3,999,999
500 Alton Rd # 1601, Miami Beach FL 33139
Listing by Douglas Elliman
$4,590,000
500 Alton # 2203, Miami Beach FL 33139
Listing by Douglas Elliman
$5,700,000
500 Alton Rd # 2105, Miami Beach FL 33139
Listing by Douglas Elliman
$7,950,000
500 Alton Rd # 2903, Miami Beach FL 33139
Listing by BHHS EWM Realty
$10,875,000
500 Alton Rd # 4401, Miami Beach FL 33139
Listing by Douglas Elliman
$14,900,000
500 Alton, Miami Beach FL 33139
Listing by Douglas Elliman
Location
Where Five Park Sits
Five Park · 500 Alton Rd, Miami Beach, FL 33139
Neighborhood
What's Near Five Park
Walkability data via Google Places.
Schools
Schools Near Five Park
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
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Condo Buildings Near Five Park
Key takeaways
- Five Park is a 2024, 48-story tower at 500 Alton Road in South Beach, Miami Beach, at the gateway to South of Fifth, and the tallest building in the city.
- Residences run from one to four bedrooms, with architecture by Arquitectonica and interiors by Gabellini Sheppard.
- There are 21 active units for sale at Five Park, priced $908,160 – $14,900,000 (SEFMLS, live), so there is real, current inventory to compare against.
- The tower sits on the three-acre Canopy Park and adds a 26th-floor members club, spas, and a resort pool deck.
What it's actually like to live here
Five Park is the rare South Beach tower where you walk out the door into a park instead of onto traffic. The three-acre Canopy Park wraps the base of the building, with a playground, a dog run, an outdoor gym, and shaded gardens, and it connects by a pedestrian bridge over Fifth Street toward the beach. For a family or anyone with a dog, that ground-level green space changes the daily routine.
Up in the building, the amenity program runs like a private club. The Canopy Club sits on the 26th floor with lounges, a bar, and panoramic bay and ocean views, and there are separate spas for men and women with saunas, steam, and a hammam, plus a resort pool deck and a full fitness floor.
Five Park is the rare Miami Beach tower where you step out into a three-acre park, not onto a busy street.
Floor plans and what units cost
Floor plans run from one to four bedrooms, and because the interiors are by Gabellini Sheppard, the finishes are high across the stack rather than just in the top units. As of the latest MLS pull there are 21 active units asking $908,160 – $14,900,000. The middle of that sat near $2,849,000, or about $1,966 a square foot (SEFMLS, live).
Monthly maintenance runs around $3,226 at the median across active units, which reflects the staffing, the spas, and the amenity program the HOA covers. Confirm the exact figure and what it includes for the specific unit you’re considering.
The interiors are by Gabellini Sheppard, so the finish level holds up through the building, not just in the penthouses.
The South Beach location
The address is 500 Alton Road, at the southern end of South Beach, at the gateway to the quiet, residential South of Fifth neighborhood. Joe’s Stone Crab, the Sunset Harbour restaurants, and South Pointe Park are all close, the beach is a short walk east, and the MacArthur Causeway puts downtown and Brickell minutes away by car. The map, walk-time list, and nearby-buildings sections above show exactly what is in reach.
Five Park sits at the southern end of South Beach, at the gateway to the calm, residential South of Fifth.
Buying and owning at Five Park
Five Park completed in 2024, so the resale market here is young and most of what trades now is first owners and a handful of investors repositioning units. There are currently 21 active units on the market (SEFMLS, live), so there is real, current pricing to work from. Because this is a new, full-service building, weigh the HOA against everything it covers before you judge the price: the staff, the spas, the park access, and the amenity program are built into the monthly number.
Before you commit, confirm three things in writing: the HOA dues and exactly what they include, the rules and any fees around the Canopy Club and the spas, and the building’s current rental policy if you plan to lease the unit. On a new full-service tower, those details decide what your real monthly cost looks like.
On a new full-service tower, the HOA and what it covers decide your real monthly cost, so read it before you judge the price.
Active listing counts, prices, and price per square foot are pulled live from SEFMLS (miamire dataset) and update automatically at page load. Building details were last reviewed June 2026. Figures move with the market; the live listings above are the authoritative current set.
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