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Rendering: fivepark.com
Completed (2024)
Five Park
500 Alton Road · Miami Beach · South of Fifth
A 48-story, 519-foot Arquitectonica tower at the entrance to South Beach with 226 residences in two condominiums, completed in 2024.
Updated · facts from the public sources cited at the bottom of this page
Five Park at a glance
- Status
- Completed (2024)
- Completed November 2024
- Pricing
- On request
- Not published in the sources we reviewed
- Residences
- 226
- 48 stories
- Completed
- 2024
- Condominium (two associations)
Overview
What is Five Park?
Five Park is a 48-story, 519-foot tower at 500 Alton Road at the entrance to South Beach, developed by Terra and GFO Investments and designed by Arquitectonica.
Completed in November 2024, it holds 226 residences in two condominium associations: Park Residences (132 units, floors 5–25) and Five Park (94 units, floors 27–48).
- Developer
- Terra and GFO Investments
- Architect
- Arquitectonica
Status & Completion
Five Park status & completion
Five Park is a completed building. Latest report: Completed November 2024. Completion: 2024.
Pre-Construction
Sales and permitting before vertical work.
Construction
The building rises on site.
Completed
Certificate of occupancy and closings.
Construction and delivery dates are estimates from public reports and are subject to change; confirm the current schedule in the developer's documents.
Residences & Floor Plans
Five Park residences & floor plans
Floor plans and current availability at Five Park change as owners list and sell. Rather than show outdated inventory, we can connect you with a licensed local agent who can send current listings, plans and recent sales.
Five Park specifications
- Residences
- 226 (132 Park Residences + 94 Five Park)
- Stories
- 48
- Bedrooms
- Request details
- Interior sizes
- Request details
- Building type
- Condominium (two associations)
Units for Sale
Current resale listings, plus off-market opportunities when available.
See what is available →Recent Sales
Closed prices to judge value before you make an offer.
Get recent sales →Figures are from the public sources listed at the bottom of this page; where sources disagree, the range is shown. "Request details" means the figure is not confirmed publicly.
Location
Five Park location
Five Park is located at 500 Alton Rd, Miami Beach, FL 33139, in South of Fifth / South Beach, Miami-Dade County.
Address500 Alton Rd, Miami Beach, FL 33139
NeighborhoodSouth of Fifth / South Beach
CityMiami Beach
CountyMiami-Dade County
Graphic is illustrative only and not a map of the actual site.
Pricing
Five Park pricing
The Five Park website says prices start at $1.25 million (checked Oct 10, 2026); resale asking prices vary by unit.
Exact pricing depends on the residence, floor, view and timing.
See Units for Sale & Pricing
Buyer Guide
Buying a resale at Five Park?
Buying a resale at Five Park?
Know who works for whom.
Listing agents represent the seller. Buyers can have their own licensed agent, and should review the association documents before making an offer.
01
Your Own Representation
A listing agent works for the seller. You can bring your own licensed buyer's agent — ask us to connect you with one.
02
Building Due Diligence
Association documents, budgets, reserves and assessments are worth reviewing before you commit.
03
Side-by-Side Comparisons
See how Five Park compares with other South Florida buildings on this page.
Compare
Sold OutRendering: oceanparksouthbeach.com
CompletedRendering: 42pine.com
CompletedRendering: 72park.com
Under ConstructionRendering: Swire Properties
CompletedRendering: astonmartinresidences.com
Compare nearby developments
Other new developments in Miami Beach and elsewhere in Miami-Dade County. Compare Five Park with any of them.
Sold OutRendering: oceanparksouthbeach.com
Miami-Dade
Ocean Park South Beach
Miami Beach · South of Fifth
Completed 2023
CompletedRendering: 42pine.com
Miami-Dade
42 Pine
Miami Beach · Mid-Beach
Completed 2024
CompletedMonaco Yacht Club & ResidencesMiami Beach
Miami-Dade
Monaco Yacht Club & Residences
Miami Beach · North Beach
Completed 2021–2022
CompletedRendering: 72park.com
Miami-Dade
72 Park
Miami Beach · North Beach
Completed 2025
Under ConstructionRendering: Swire Properties
Miami-Dade
The Residences at Mandarin Oriental, Miami
Miami · Brickell Key
Est. delivery 2030
CompletedRendering: astonmartinresidences.com
Miami-Dade
Aston Martin Residences
Miami · Downtown
Completed 2024
All Miami Beach new developments · More new developments in Miami → · All Miami-Dade County new developments
What is Five Park?
Five Park is a 48-story, 519-foot tower at 500 Alton Road at the entrance to South Beach, developed by Terra and GFO Investments and designed by Arquitectonica. It holds 226 residences in two condominium associations.
When was Five Park completed?
Five Park was completed in November 2024.
Who is the developer of Five Park?
The developers are Terra and GFO Investments, and the architect is Arquitectonica.
What is the difference between Park Residences and Five Park?
The tower is split into two condominium associations: Park Residences, with 132 units on floors 5–25, and Five Park, with 94 units on floors 27–48. See the Park Residences fact sheet for details.
How much do condos at Five Park cost?
The Five Park website says prices start at $1.25 million (checked October 10, 2026); resale asking prices vary by unit. Request current pricing and availability.
Can I buy at Five Park with my own agent?
Yes. You can register with your own buyer’s agent before you visit the sales gallery or contact the developer’s sales team. South Florida Real Estate Voice is an independent publication, not affiliated with the developer; if you would like, we can connect you with a licensed local agent.
Email Updates
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Get an email when Five Park's status, pricing or delivery date changes. Want current floor plans and pricing now? Check the agent box and we'll connect you with a licensed local agent.
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