Five Park South Beach - Bayfront

About Five Park

Five Park: Miami Beach's Tallest Luxury Condos Starting at $950K

Five Park has redefined luxury living in Miami Beach as the city's tallest residential tower. This groundbreaking 48-story architectural masterpiece by Terra Group and GFO Investments features 98 exclusive residences designed by the renowned Arquitectonica firm. Located at 500 Alton Road in South Beach, Five Park offers something unprecedented: 50,000 square feet of resort-style amenities, a private beach club, and a three-acre waterfront park, all within Miami Beach's most coveted location. With completion in Q4 2024, this delivered project represents the pinnacle of South Beach luxury living. Contact Ron Eppinger, your trusted South Florida new construction specialist, to explore available residences at this iconic Miami Beach landmark.

About Five Park

Five Park represents the collaborative vision of two powerhouse South Florida developers: Terra Group, led by David Martin, and GFO Investments, headed by Russell Galbut. These developers brought together an exceptional team to create Miami Beach's tallest building, standing 519 feet tall and offering unobstructed views of the Atlantic Ocean, Biscayne Bay, and PortMiami.

The architectural design comes from Miami's own Arquitectonica, one of the world's most celebrated architecture firms, with principal architects Bernardo Fort Brescia and Raymond Fort leading the vision. Interior design is by New York's award-winning Gabellini Sheppard, known for their sophisticated, timeless approach to luxury residential spaces. This collaboration has resulted in a building that has already garnered significant recognition, including the 2025 CTBUH Award for Best Tall Building in the Americas and the 2025 South Florida Business Journal Structures Award for Best Architecture/Design.

What makes Five Park truly unique is its integration of a three-acre public park at its base, creating an unprecedented connection between luxury residential living and accessible green space in South Beach. The tower's completion in Q4 2024 marks a new chapter for Miami Beach luxury real estate.

Five Park Location & Neighborhood

Situated at 500 Alton Road in South Beach, Five Park enjoys one of Miami Beach's most prestigious addresses. This location places residents at the southern tip of Miami Beach, where the neighborhood transitions from the vibrant energy of South Beach to the serene beauty of South Pointe Park.

The South Beach neighborhood is synonymous with luxury, culture, and lifestyle. Residents enjoy walkable access to world-class dining along Ocean Drive and Lincoln Road, the white sand beaches of South Beach, and the thriving art scene of the South of Fifth (SoFi) district. The location offers quick access to downtown Miami via the MacArthur Causeway, with Miami International Airport just 20 minutes away.

For boating enthusiasts, the property provides bayfront access and proximity to numerous marinas. The three-acre park at the base of the building offers residents and the public alike a waterfront retreat with walking paths, landscaping, and direct bay access. This unique urban park setting distinguishes Five Park from every other luxury development in Miami Beach, providing a tranquil escape while remaining in the heart of one of the world's most dynamic neighborhoods.

Residences & Floor Plans

Five Park's 48-story tower contains 98 meticulously designed residences, making it one of South Beach's most exclusive addresses with limited inventory. The building offers studios, one-, two-, three-, and four-bedroom configurations, with residences ranging from 878 square feet to an impressive 6,000 square feet for the most spacious floor plans.

The residential offerings include three spectacular penthouses, each featuring private rooftop terraces and pools—a rarity in Miami Beach high-rise living. These penthouses represent the ultimate in South Florida luxury, with panoramic views spanning from the Atlantic Ocean to downtown Miami's skyline.

Pricing at Five Park starts at approximately $950,000 for entry-level residences, with larger units and penthouses ranging into the multi-million dollar category, reflecting the building's position as Miami Beach's premier luxury address. All residences feature floor-to-ceiling windows, spacious balconies, and the sophisticated interior design aesthetic created by Gabellini Sheppard.

Unit sizes and configurations have been designed to maximize views and natural light, with most residences offering dual exposures to capture both sunrise over the Atlantic and sunset over Biscayne Bay.

Amenities at Five Park

Five Park sets a new standard for luxury amenities in Miami Beach, with an unprecedented 50,000 square feet dedicated to resident services and recreation:

Wellness & Fitness:

• State-of-the-art fitness center with the latest equipment
• Full-service spa with treatment rooms
• Dedicated massage and treatment spaces
• Separate saunas and hammam (Turkish bath)
• Private training areas and outdoor workout zone
• Exercise bikes and yoga deck
• Wellness lounge and juice bar

Recreation & Entertainment:

• Two resort-style swimming pools
• Sunset terrace overlooking Biscayne Bay
• Pool bar and café for casual dining
• Movie screening room for private viewings
• Billiards room

The Canopy Club (26th Floor):
The crown jewel of Five Park's amenities is the exclusive Canopy Club, located on the 26th floor:

• Club lounge with living and dining rooms
• Outdoor terraces with spectacular views
• Jewel box bar for entertaining
• Private event spaces

Family & Work:

• Co-working space with private offices and meeting rooms
• Children's learning lab designed for young residents
• Teen club with age-appropriate activities and spaces

Beach & Park Access:

• Private beach club for residents
• Three-acre waterfront park with walking paths and green space
• 15,000 square feet of ground-floor retail
• 553-car parking garage

Investment Opportunity

Five Park represents an exceptional investment opportunity in Miami Beach's luxury real estate market. As the tallest residential building on Miami Beach with only 98 exclusive residences, the limited inventory creates inherent scarcity value. The building's completion in Q4 2024 means it's a delivered product with no construction risk—buyers can see exactly what they're purchasing.

Miami Beach continues to experience strong appreciation, driven by limited land availability, international demand, and the city's position as a global luxury destination. Five Park's combination of architectural significance, resort-level amenities, and irreplaceable South Beach location positions it for long-term value appreciation.

The building's rental policies accommodate both long-term and short-term leasing, providing flexibility for investors seeking rental income. The private beach club, three-acre park, and comprehensive amenity package make Five Park residences highly desirable for the luxury rental market, particularly for high-net-worth individuals seeking seasonal or vacation rentals in South Beach.

With Miami Beach's ongoing transformation into a year-round destination for culture, dining, and luxury living, Five Park stands at the forefront of this evolution. The building's award-winning design and completion status make it an immediate value proposition for both primary residence buyers and sophisticated investors.

Why Buy Five Park with Ron Eppinger

With over 20 years of South Florida real estate experience, Ron Eppinger specializes in new and pre-construction luxury condos in Miami, Fort Lauderdale, and Palm Beach. Ron's deep knowledge of the Miami Beach market and established relationships with developers and sales teams provide his clients with exclusive access to inventory, pricing information, and market insights that aren't available to the general public.

When you work with Ron on your Five Park purchase, you benefit from:

• Expert guidance on selecting the right residence for your lifestyle and investment goals
• Detailed market analysis comparing Five Park to other South Beach luxury developments
• Negotiation expertise to secure the best possible terms and pricing
• Comprehensive understanding of the building's amenities, rental policies, and ownership structure
• White-glove service throughout the entire purchase process, from initial inquiry to closing

Ron's specialization in newly completed and pre-construction properties means he can provide nuanced advice on the unique aspects of purchasing in a newly delivered building like Five Park, including timing considerations, upgrade options, and resale potential.

Contact Ron Eppinger today for exclusive access to Five Park availability, detailed floor plans, and personalized consultation on making Five Park your new Miami Beach address.

Frequently Asked Questions About Five Park

When was Five Park completed?
Five Park was completed in Q4 2024, making it a delivered property with immediate or near-term availability for buyers seeking move-in ready luxury residences in Miami Beach.

What is the starting price for condos at Five Park?
Prices at Five Park start at approximately $950,000 for studios and one-bedroom residences, with larger units and penthouses priced into the multi-million dollar range. Contact Ron Eppinger for current availability and pricing on specific unit types and floor plans.

Does Five Park allow short-term rentals?
Five Park accommodates both long-term and short-term rental arrangements, providing flexibility for owners and investors. Specific rental policies and minimum lease terms should be confirmed with Ron Eppinger or reviewed in the building's declaration of condominium.

What makes Five Park unique compared to other South Beach condos?
Five Park is Miami Beach's tallest residential building, featuring award-winning architecture by Arquitectonica, 50,000 square feet of resort-style amenities including the exclusive Canopy Club, a private beach club, and an unprecedented three-acre waterfront park. Only 98 residences share these exceptional amenities.

How do I schedule a tour of Five Park?
Contact Ron Eppinger at ron@roneppinger.com or visit https://ron305miami.com to arrange a private tour of Five Park's model residences, amenities, and available inventory. Ron provides personalized tours tailored to your specific interests and requirements.