
Five Park
500 Alton Rd, Miami Beach, FL 33139 · Miami Beach
About Five Park
Arriving in 2024 at the gateway to South Beach, Five Park took the crown as the neighborhood's tallest tower — 48 stories of Arquitectonica curves above a new three-acre public park. A full upper floor houses the Canopy Club, effectively a shared penthouse living room with ocean-to-bay panoramas, and a sculptural pedestrian bridge carries residents over Fifth Street toward South Pointe. Homes emphasize rounded glass walls and wide terraces positioned for both sunrise and sunset water views. Early buyers bet on the island's western gateway maturing; the finished building has largely proven them right.
Five Park is a 48-story condominium at 500 Alton Rd in South-beach, completed in 2024. Residences here come to market for both purchase and annual lease, and every current listing appears below with live pricing direct from the MLS.
Residences range from 1-bedroom homes to 6-bedroom residences. Building amenities include business center, doorman, elevator secure, exercise room, spa/hot tub and bar. A detailed twelve-month market report — sold and rental pricing, price per square foot and days on market — is published further down this page.
Building Facts
- Address
- 500 Alton Rd, Miami Beach, FL 33139
- Year Built
- 2024
- Stories
- 48
- Architect
- Arquitectonica
- Median Price / SqFt
- $2,266
Five Park Amenities
- Business Center
- Doorman
- Elevator Secure
- Exercise Room
- Spa/Hot Tub
- Bar
- Child Play Area
- Community Room
- Elevator(s)
- Fire Alarm
- Fire Sprinklers
- Lobby Secured
- Pool
- Smoke Detector
- Bike/Jog Path
- Cabana
- Clubhouse-Clubroom
- Guard At Site
- Heated Pool
- Hobby Room
- Private Pool
- Sauna
- Secured Garage/Parking
- Security Patrol
Five Park Residence Features
- Dishwasher
- Electric Range
- Microwave
- Refrigerator
- Bay
- Built-in Features
- Dryer
- Fire Sprinklers
- Lobby
- Ocean View
- Open Balcony
- Split Bedroom
- Walk-In Closet(s)
- Washer
- Closet Cabinetry
- Cooking Island
- Disposal
- Electric Water Heater
- Family Room
- High Impact Windows
- Ice Maker
- Impact Glass
- Intracoastal View
- Self Cleaning Oven
Features vary by residence — confirm details for any specific unit with us.
Floor Plans & Residences at Five Park
Residence configurations observed across current and recent Five Park listings:
| Residence | Size Range | For Sale | For Rent | Sale Pricing | Avg $/SqFt |
|---|---|---|---|---|---|
| 1 Bed / 2 Bath | 731–1,110 sqft | 4 | 3 | $930K – $2.2M | $1,728 |
| 2 Bed / 3 Bath | 1,201–1,516 sqft | 5 | — | $2.6M – $3.5M | $2,303 |
| 3 Bed / 4 Bath | 1,963–3,186 sqft | 6 | — | $4.0M – $11M | $2,358 |
| 3 Bed / 5 Bath | 2,451–2,615 sqft | — | — | — | — |
| 4 Bed / 5 Bath | 2,615–5,441 sqft | 2 | 2 | $11M – $15M | $2,861 |
| 5 Bed / 7 Bath | 6,060 sqft | — | 1 | — | — |
Derived from live MLS data — request official floor plans and we'll send the developer set for your line.
Five Park Listings
Five Park Condos for Sale
Five Park Condos for Rent
Five Park Pending Sales
Five Park Pending Rentals
Five Park Sold Condos
Five Park Rented Condos


















Five Park Market Report
Over the last 12 months, 31 condo sales closed in Five Park at a median of $3.5M ($1,781/sqft), median 113 days on market. Median sold prices are down 32% year-over-year. 18 leases were signed at a median of $20,000/mo ($10.46/sqft). Computed from recorded MLS closings; updates automatically.
Last 12 Months by Bedroom Count
| Residence | Sales | Median Sold | Sold $/SqFt | DOM | Leases | Median Rent | Rent $/SqFt |
|---|---|---|---|---|---|---|---|
| 1 Bed | 6 | $1.4M | $1,375 | 82 | 4 | $8,000 | $9.84 |
| 2 Bed | 5 | $2.7M | $1,980 | 67 | 6 | $17,500 | $12.20 |
| 3 Bed | 16 | $4.2M | $1,959 | 115 | 6 | $24,500 | $11.20 |
| 4+ Bed | 4 | $13M | $2,704 | 193 | 2 | $39,000 | $12.24 |
Month-by-month table — All
| Month | Sales | Median Sold | Sold $/SqFt | DOM | Leases | Median Rent | Rent $/SqFt |
|---|---|---|---|---|---|---|---|
| Oct 2025 | 1 | $2.8M | $1,980 | 64 | 1 | $7,200 | $9.84 |
| Nov 2025 | — | — | — | — | 4 | $23,000 | $11.72 |
| Dec 2025 | 6 | $3.7M | $1,897 | 238 | 3 | $20,000 | $16.42 |
| Jan 2026 | 5 | $4.0M | $1,603 | 107 | 1 | $39,000 | $12.24 |
| Feb 2026 | 2 | $2.7M | $1,781 | 356 | 1 | $30,000 | $10.24 |
| Mar 2026 | 3 | $11M | $2,704 | 117 | 1 | $17,500 | $12.20 |
| Apr 2026 | 1 | $6.0M | $2,031 | 113 | 1 | $7,800 | $7.72 |
| May 2026 | 2 | $3.4M | $1,708 | 229 | 1 | $23,500 | $10.06 |
| Jun 2026 | 4 | $6.2M | $2,108 | 113 | — | — | — |
| Jul 2026 | 3 | $3.1M | $1,446 | 145 | 1 | $21,000 | $8.36 |
| Aug 2026 | 2 | $8.4M | $3,448 | 46 | 3 | $15,000 | $10.34 |
| Sep 2026 | 2 | $1.4M | $1,347 | 119 | 1 | $15,000 | $10.46 |
Location
Similar Buildings to Five Park
Buyers considering Five Park also look at these South-beach buildings in a similar price range:
Five Park — Frequently Asked Questions
How much does a condo at Five Park cost?
Pricing at Five Park varies by line, floor, view and finish level. Every available residence is listed on this page with live MLS pricing, and the market report above tracks median sold prices and price per square foot over the last twelve months.
Are there condos for sale at Five Park?
Availability at Five Park changes continuously — this page updates directly from the MLS, so every residence currently offered for sale or for rent is listed above with photos, pricing and full details.
Can you rent at Five Park?
Five Park has an active rental market with annual leases regularly available. Current rentals and recent leasing activity, including median rents, appear on this page. Minimum lease terms are set by the association — ask us for the current rental policy.
How is the resale market at Five Park?
Five Park residences trade regularly on the resale market. The market report above shows the last twelve months of closed sales — median pricing, price per square foot and days on market — updated continuously from the MLS.
When was Five Park built?
Five Park was completed in 2024, rising 48 stories and designed by Arquitectonica.
Where is Five Park located?
Five Park is at 500 Alton Rd, Miami Beach, FL 33139, in the South-beach neighborhood of Miami Beach. See the location map above for the exact position and surroundings.
More information about Five Park
Five Park is a condominium building in South-beach, Miami Beach, FL 33139, in Miami-Dade County. The tower was designed by Arquitectonica and completed in 2024. Condos for sale and for rent at Five Park are listed on this page with live MLS pricing, alongside a twelve-month market report covering closed sales, rentals, price per square foot and days on market. Comparable South-beach buildings include Continuum South, Portofino Tower, The Setai. For private showings, current availability, or off-market opportunities at Five Park, contact Matthew Gromadzki at +1 786-370-8570.



