13 Days on Market
Condo for Sale
$23,500,000
6 bd · 8 ba · 6,000 sqft
500 Alton Rd # 4501, Miami Beach, FL 33139
13 days on market
FIVE PARK MIAMI BEACH
Five Park Condos — South Beach
500 Alton Rd, Miami Beach, FL 33139 · Miami Beach
About Five Park
South Beach's new tallest tower, Five Park rises 48 stories at the island's gateway, delivered in 2024 in Arquitectonica glass over a three-acre park — a private club floor, Canopy-park views across ocean and bay, and a pedestrian bridge to South Pointe.
Today 18 units are on the market, priced from $930K up to $24M (a median $2,258 per square foot). By size: 4 one-bedrooms from $930K, 5 two-bedrooms from $2.6M, 5 three-bedrooms from $3.7M and 4 four-bedroom-plus homes from $11M. For renters, 4 units are available on annual leases from $8,700 to $125,000 a month.
Five Park recorded 31 closed sales in the trailing twelve months at a median $3.5M ($1,761/sq ft), typically going under contract in about 115 days. That median is 27% below the prior year — a buyer-friendlier moment. By size, one-bedrooms sold for a median $1.4M, two-bedrooms sold for a median $2.3M, three-bedrooms sold for a median $4.2M and four-bedroom-plus residences sold for a median $13M. 19 leases were signed over the same period at a median $20,000 a month (one-bedrooms $8,500, two-bedrooms $17,500, three-bedrooms $24,500 and four-bedroom-plus residences $39,000).
Five Park Building Facts
The Building
- Address
- 500 Alton Rd, Miami Beach, FL 33139
- Neighborhood
- South Beach
- City
- Miami Beach, FL 33139
- County
- Miami-Dade County
- Year built
- 2024
- Stories
- 48
- Bedrooms
- 1 – 6 bedrooms
- Bathrooms
- 1.5 – 8 baths
- Developer
- Terra Group · GFO Investments
- Architect
- Arquitectonica
Market — Last 12 Months
- Closed sales
- 31
- Median sold price
- $3.5M
- Median sold $/sq ft
- $1,761
- Median days on market
- 115 days
- Leases signed
- 19
- Median rent
- $20,000/mo
- Price change vs. prior year
- -27%
HOA, pet and leasing details are read from current MLS listings in the building and can vary by unit — confirm with the association before you buy.
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 | $2,282 |
| 3 Bed / 4 Bath | 1,963–2,930 sqft | 5 | — | $3.7M – $6.5M | $2,026 |
| 3 Bed / 5 Bath | 2,451–2,615 sqft | — | — | — | — |
| 4 Bed / 4 Bath | 2,512–3,186 sqft | 1 | — | $11M | $3,413 |
| 4 Bed / 5 Bath | 2,615–5,441 sqft | 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
279 Days on Market
Condo for Sale
$14,900,000
4 bd · 5 ba · 5,441 sqft
500 Alton # 3402.03, Miami Beach, FL 33139
279 days on market
Five Park Miami Beach
77 Days on Market
Condo for Sale
$10,875,000
4 bd · 4 ba · 3,186 sqft
500 Alton Rd # 4401, Miami Beach, FL 33139
77 days on market
FIVE PARK MIAMI BEACH
14 Days on Market
Condo for Sale
$10,500,000
4 bd · 5 ba · 3,520 sqft
500 Alton Rd # 2318, Miami Beach, FL 33139
14 days on market
Five Park Residences
151 Days on Market
Condo for Sale
$6,450,000
3 bd · 4 ba · 2,930 sqft
501 West Ave # 3102, Miami Beach, FL 33139
151 days on market
FIVE PARK MIAMI BEACH
34 Days on Market
Condo for Sale
$4,999,000
3 bd · 4 ba · 2,512 sqft
500 Alton Rd # 2105, Miami Beach, FL 33139
34 days on market
FIVE PARK
Newly Listed
Condo for Sale
$4,695,000
3 bd · 4 ba · 1,969 sqft
500 Alton Rd # 3605, Miami Beach, FL 33139
4 days on market
Five Park Miami Beach
29 Days on Market
Condo for Sale
$3,999,999
3 bd · 4 ba · 2,178 sqft
500 Alton Rd # 1601, Miami Beach, FL 33139
29 days on market
Five Park
Newly Listed
Condo for Sale
$3,745,000
3 bd · 4 ba · 2,178 sqft
500 Alton Rd # 1001, Miami Beach, FL 33139
Listed today
Five Park Miami Beach
49 Days on Market
Condo for Sale
$3,450,000
2 bd · 3 ba · 1,434 sqft
501 West Ave # 3404, Miami Beach, FL 33139
49 days on market
Five Park Miami Beach
168 Days on Market
Condo for Sale
$3,324,000
2 bd · 3 ba · 1,434 sqft
500 Alton Rd. # 3004, Miami Beach, FL 33139
168 days on market
FIVE PARK
399 Days on Market
Condo for Sale
$3,250,000
2 bd · 3 ba · 1,434 sqft
500 alton rd # 3604, Miami Beach, FL 33139
399 days on market
Five Park
188 Days on Market
Condo for Sale
$2,750,000
2 bd · 3 ba · 1,218 sqft
500 Alton Rd # 2402, Miami Beach, FL 33139
188 days on market
Five Park
144 Days on Market
Condo for Sale
$2,599,000
2 bd · 3 ba · 1,201 sqft
500 Alton Rd # 1602, Miami Beach, FL 33139
144 days on market
FIVE PARK
17 Days on Market
Condo for Sale
$2,200,000
1 bd · 2 ba · 1,110 sqft
500 Alton Rd # 802, Miami Beach, FL 33139
17 days on market
Five Park
Newly Listed
Condo for Sale
$1,650,000
1 bd · 2 ba · 731 sqft
500 Alton Rd # 2108, Miami Beach, FL 33139
1 day on market
FIVE PARK
Newly Listed
Condo for Sale
$1,575,000
1 bd · 2 ba · 1,000 sqft
500 Alton Rd # 1204, Miami Beach, FL 33139
1 day on market
Five Park
9 Days on Market
Condo for Sale
$930,000
1 bd · 2 ba · 846 sqft
500 Alton Rd # 506, Miami Beach, FL 33139
9 days on market
Five Park Miami Beach
Five Park Condos for Rent
- 500 Alton # PH4701, Miami Beach, FL 33139 — $125,000 · 5 bd · 7 ba
- 500 Alton Rd # 802, Miami Beach, FL 33139 — $13,000 · 1 bd · 2 ba
- 500 Alton Rd # 904, Miami Beach, FL 33139 — $10,500 · 1 bd · 2 ba
- 500 Alton Rd # 1008, Miami Beach, FL 33139 — $8,700 · 1 bd · 2 ba
Five Park Pending Sales
- 501 West Ave # 4102, Miami Beach, FL 33139 — $6,799,000 · 3 bd · 4 ba
- 500 Alton # 2203, Miami Beach, FL 33139 — $4,290,000 · 3 bd · 4 ba
- 500 Alton Rd # 502, Miami Beach, FL 33139 — $908,160 · 1 bd · 2 ba
Five Park Pending Rentals
- 500 Alton Rd # 1506, Miami Beach, FL 33139 — $9,500 · 1 bd · 2 ba
Five Park Sold Condos
- 500 Alton Rd # 2207, Miami Beach, FL 33139 — $2,280,000 · 2 bd · 3 ba
- 500 Alton Rd # 501, Miami Beach, FL 33139 — $990,000 · 1 bd · 2 ba
- 500 Alton Rd # 1906, Miami Beach, FL 33139 — $1,360,000 · 1 bd · 2 ba
- 501 West Ave # 4303, Miami Beach, FL 33139 — $8,450,000 · 3 bd · 5 ba
- 500 Alton Rd # 2904, Miami Beach, FL 33139 — $3,000,000 · 2 bd · 3 ba
- 500 Alton Rd # 2004, Miami Beach, FL 33139 — $1,375,000 · 1 bd · 2 ba
- — $6,200,000 · 4 bd · 5 ba
- 500 Alton Rd # 901, Miami Beach, FL 33139 — $3,150,000 · 3 bd · 4 ba
- 500 Alton Rd # 1802, Miami Beach, FL 33139 — $2,100,000 · 2 bd · 3 ba
- 500 Alton Rd # 3503, Miami Beach, FL 33139 — $6,674,000 · 3 bd · 5 ba
- 501 West Ave # 3405, Miami Beach, FL 33139 — $4,150,000 · 3 bd · 4 ba
- 500 Alton Rd # 3602, Miami Beach, FL 33139 — $6,175,000 · 3 bd · 4 ba
- 500 Alton Rd # 903, Miami Beach, FL 33139 — $3,400,000 · 3 bd · 4 ba
- 500 Alton Rd # 803, Miami Beach, FL 33139 — $3,350,000 · 3 bd · 4 ba
- 500 Alton Rd # 2802, Miami Beach, FL 33139 — $5,950,000 · 3 bd · 4 ba
- 501 West Avenue # 3903/3904, Miami Beach, FL 33139 — $10,950,000 · 4 bd · 4.5 ba
- 500 Alton Rd # 2303, Miami Beach, FL 33139 — $4,200,000 · 3 bd · 4 ba
- 501 West Ave # 4201/05, Miami Beach, FL 33139 — $12,950,000 · 4 bd · 6 ba
- 500 Alton # 1005, Miami Beach, FL 33139 — $2,700,000 · 2 bd · 3 ba
- 500 Alton Rd # 807, Miami Beach, FL 33139 — $1,950,000 · 2 bd · 3 ba
- 501 West Ave # PH4701, Miami Beach, FL 33139 — $18,500,000 · 5 bd · 7 ba
- 500 Alton Road # 3603, Miami Beach, FL 33139 — $6,750,000 · 3 bd · 5 ba
- 500 Alton Rd # 3201, Miami, FL 33139 — $6,000,000 · 4 bd · 5 ba
- 500 Alton # 2305/06, Miami Beach, FL 33139 — $4,050,000 · 3 bd · 4 ba
- 500 Alton Rd # 1006, Miami Beach, FL 33139 — $1,150,000 · 1 bd · 2 ba
- 500 Alton Rd # 2304, Miami Beach, FL 33139 — $1,400,000 · 1 bd · 2 ba
- 500 Alton Rd # 3905, Miami Beach, FL 33139 — $3,735,000 · 3 bd · 4 ba
- 500 Alton Rd # 3303, Miami Beach, FL 33139 — $6,500,000 · 3 bd · 5 ba
- 500 Alton Rd # 801, Miami Beach, FL 33139 — $2,900,000 · 3 bd · 4 ba
- 500 Alton Rd # 1201, Miami Beach, FL 33139 — $3,500,000 · 3 bd · 4 ba
- 500 Alton Rd # 1803, Miami Beach, FL 33139 — $3,900,000 · 3 bd · 4 ba
- 500 Alton Rd # 1904, Miami Beach, FL 33139 — $1,350,000 · 1 bd · 2 ba
Five Park Rented Condos
- 500 Alton Rd # 2101/02, Miami Beach, FL 33139 — $55,000 · 4 bd · 5 ba
- 500 Alton Rd # 2903, Miami Beach, FL 33139 — $45,000 · 4 bd · 5 ba
- 500 ALTON RD # 1708, Miami Beach, FL 33139 — $8,500 · 1 bd · 2 ba
- 500 Alton # 3304, Miami Beach, FL 33139 — $15,000 · 2 bd · 3 ba
- 500 Alton Rd # 808, Miami Beach, FL 33139 — $7,000 · 1 bd · 2 ba
- 500 Alton Rd # 908, Miami Beach, FL 33139 — $7,500 · 1 bd · 2 ba
- 500 Alton Rd # 1707, Miami Beach, FL 33139 — $15,000 · 2 bd · 3 ba
- 500 Alton # 1205, Miami Beach, FL 33139 — $14,250 · 2 bd · 3 ba
- 500 Alton Rd # 2504, Miami Beach, FL 33139 — $8,750 · 1 bd · 2 ba
- 500 Alton Rd # 1601, Miami Beach, FL 33139 — $24,500 · 3 bd · 4 ba
- 500 Alton Rd # 2205, Miami Beach, FL 33139 — $21,000 · 4 bd · 4 ba
- 500 Alton Rd # 1402, Miami Beach, FL 33139 — $10,000 · 2 bd · 3 ba
- 500 Alton Rd # 1203, Miami Beach, FL 33139 — $23,500 · 3 bd · 4 ba
- 500 Alton Road # 1006, Miami Beach, FL 33139 — $7,800 · 1 bd · 1.5 ba
- 500 Alton Rd # 1408, Miami Beach, FL 33139 — $7,400 · 1 bd · 2 ba
- 500 Alton Rd # 1904, Miami Beach, FL 33139 — $8,700 · 1 bd · 2 ba
- 500 Alton # 4004, Miami Beach, FL 33139 — $17,500 · 2 bd · 3 ba
- 500 Alton Road # 4202, Miami Beach, FL 33139 — $30,000 · 3 bd · 4 ba
- 500 Alton Rd # 1506, Miami Beach, FL 33139 — $9,500 · 1 bd · 2 ba
- 500 Alton Rd # 1108, Miami Beach, FL 33139 — $7,125 · 1 bd · 2 ba
- 500 Alton # 3101, Miami Beach, FL 33139 — $46,500 · 4 bd · 5 ba
- 500 Alton Rd # 3201, Miami Beach, FL 33139 — $39,000 · 4 bd · 5 ba
- 500 Alton Rd # 1407, Miami Beach, FL 33139 — $14,500 · 2 bd · 3 ba
- 500 Alton Rd # 908, Miami Beach, FL 33139 — $7,000 · 1 bd · 2 ba
- 501 West Ave # 4104, Miami Beach, FL 33139 — $20,000 · 2 bd · 3 ba
- 500 Alton Road # 4104, Miami Beach, FL 33139 — $20,000 · 2 bd · 3 ba
- 500 Alton Rd # 1004, Miami Beach, FL 33139 — $7,000 · 1 bd · 2 ba
- 500 Alton Rd # 1608, Miami Beach, FL 33139 — $8,000 · 1 bd · 2 ba
- 500 Alton Rd # 1808, Miami Beach, FL 33139 — $12,525 · 1 bd · 2 ba
- 500 Alton Rd # 2404, Miami Beach, FL 33139 — $9,300 · 1 bd · 2 ba
- 500 Alton Rd # 2504, Miami Beach, FL 33139 — $10,750 · 1 bd · 2 ba
- 500 Alton Rd # 2008, Miami Beach, FL 33139 — $9,000 · 1 bd · 2 ba
- 500 Alton Rd # 1906, Miami Beach, FL 33139 — $9,500 · 1 bd · 2 ba
- 500 Alton rd # 3704, Miami Beach, FL 33139 — $16,000 · 2 bd · 3 ba
- 500 Alton Rd # 2705, Miami Beach, FL 33139 — $23,000 · 3 bd · 4 ba
- 500 Alton Rd # 808, Miami Beach, FL 33139 — $7,000 · 1 bd · 2 ba
- 500 Alton # 1001, Miami Beach, FL 33139 — $18,000 · 3 bd · 4 ba
- 500 Alton Rd # 2903, Miami Beach, FL 33139 — $42,500 · 4 bd · 5 ba
- 500 ALTON RD # 1708, Miami Beach, FL 33139 — $8,000 · 1 bd · 2 ba
- 500 Alton # 3303, Miami Beach, FL 33139 — $40,000 · 3 bd · 5 ba
- 500 Alton Rd # 1503, Miami Beach, FL 33139 — $19,000 · 3 bd · 4 ba
- 500 Alton Rd # 1008, Miami Beach, FL 33139 — $7,200 · 1 bd · 2 ba
Five Park Market Report
Over the last 12 months, 31 condo sales closed in Five Park at a median of $3.5M ($1,761/sqft), median 115 days on market. Median sold prices are down 27.1% year-over-year. 19 leases were signed at a median of $20,000/mo ($11.20/sqft). Computed from recorded MLS closings; updates automatically.
$3.5M
Median (12 mo)
31
Sales (12 mo)
115 days
Median DOM
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 | $8,500 | $14.27 |
| 2 Bed | 5 | $2.3M | $1,781 | 161 | 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 | 3 | $39,000 | $12.24 |
Month-by-month table — All
| Month | Sales | Median Sold | Sold $/SqFt | DOM | Leases | Median Rent | Rent $/SqFt |
|---|---|---|---|---|---|---|---|
| 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 | 3 | $1.4M | $1,347 | 119 | 2 | $15,000 | $10.46 |
| Oct 2026 | — | — | — | — | 1 | $45,000 | $17.21 |
Five Park Location & Address
Address
500 Alton Rd, Miami Beach, FL 33139South Beach · Miami Beach · Miami-Dade County
Five Park — Frequently Asked Questions
What do condos at Five Park sell for?
Current asking prices run $930K–$24M across 18 listings. Closed sales over the past year had a median of $3.5M, or $1,761 per square foot. Typical sale prices: one-bedrooms $1.4M, two-bedrooms $2.3M, three-bedrooms $4.2M and four-bedroom-plus residences $13M. Exact value depends on floor, line, view and finish.
Are there condos for sale at Five Park right now?
Yes — 18 residences are for sale, the least expensive at $930K. Mix: 4 one-bedrooms, 5 two-bedrooms, 5 three-bedrooms and 4 four-bedroom-plus homes. 4 units are also available for rent.
What does it cost to rent at Five Park?
The median rent over the past twelve months was $20,000 a month across 19 leases. One-bedrooms rented for about $8,500, two-bedrooms rented for about $17,500, three-bedrooms rented for about $24,500 and four-bedroom-plus residences rented for about $39,000. 4 units are available to lease today. Minimum lease terms are set by the association — ask us for Five Park’s current rental policy.
Are prices going up at Five Park?
The median sale price is down 27% compared with the prior twelve months. Units that sold took a median 115 days to go under contract. 31 sales closed in the last year.
When was Five Park built?
Five Park was completed in 2024 and has 48 stories. The project credits developer Terra Group · GFO Investments and architect Arquitectonica.
Where is Five Park located?
Five Park is at 500 Alton Rd, Miami Beach, FL 33139, in South Beach.
Living at Five Park: Summary
Five Park is a condominium in South Beach, Miami Beach, FL 33139 (Miami-Dade County). At last update: 18 for sale, 4 for rent and 31 sold in the past year. For a private showing, off-market availability or a valuation of your unit at Five Park, call Matthew Gromadzki at +1 786-370-8570.