Five Park
Miami, FL

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Five Park

Project Details

Miami Beach welcomes its latest residential landmark, offering unparalleled vistas in all directions. Spanning 50,000 square feet, extraordinary amenities include an in-house wellness center, private beach club, and a three-acre park right at your doorstep. A testament to visionary design, Five Park is a breathtaking creation crafted by the esteemed architectural and planning firm Arquitectonica, setting a precedent for functionality, elegance, and environmental responsibility. With unmatched amenities, abundant natural light, and sweeping views of the city, water, and parklands below, Five Park redefines the standard of luxury living in Miami Beach.

Reasons To Buy

  • Growing Population: Central Florida's population has grown by 20.5% from 2010 to 2020, indicating a strong demand for housing. (Source: US Census Bureau)
  • Job Market: Orlando ranks #5 among the top cities for job growth, with a 4.3% annual job growth rate. (Source: Forbes)
  • Tourism: Central Florida welcomes over 75 million visitors annually, making it a prime location for vacation rentals. (Source: Visit Florida)
  • Affordability: Compared to other major cities in the US, Orlando ranks #14 in terms of affordability, making it an attractive option for buyers. (Source: Zillow)
  • Rental Yield: Central Florida offers strong rental yields, with Orlando ranking #6 among the top cities for highest rental yields (10.1%). (Source: RentCafe)
  • Economic Diversification: Central Florida's economy is diversifying beyond tourism, with growth in industries like healthcare, technology, and logistics. (Source: Orlando Economic Partnership)
  • Infrastructure Development: Over $10 billion is being invested in infrastructure projects, such as the Orlando International Airport expansion and Brightline high-speed rail. (Source: Orlando Business Journal)
  • Education: UCF, USF, and other universities in Central Florida attract students and talent, fueling a skilled workforce. (Source: US News & World Report)
  • Nature and Outdoor Activities: Central Florida boasts numerous lakes, parks, and natural springs, offering endless opportunities for outdoor recreation. (Source: Florida State Parks)
  • Climate: With an average temperature of 72°F (22°C), Central Florida offers a desirable subtropical climate perfect for year-round living and vacationing. (Source: NOAA)

Quick Facts

Developer: Terra & GFO
Address: 500 Alton Rd, Miami Beach, FL 33139
Pricing: $1,420,000+
Occupancy: 2024
Property Types: Condo
Property Sizes: 878 - 3,186 sq ft
Incentives: Closing Cost Rebates, Preferred Mortgage Rates *subject to qualification
Property Finishes: BUILDING FEATURES: Unparalleled views of the ocean, bay, and Miami Skyline Residents' porte-cochere drop-off and lobby Ease of connectivity to South Pointe Park, the Baywalk, the Miami Beach Marina and the beach via the Daniel Buren-designed Miami Beach Canopy pedestrian bridge Electric vehicle charging stations RESIDENCE FEATURES: Expansive, open floor plans and unobstructed views from every residence Soaring 10-foot ceilings Oversized terraces overlooking the Bay or the Ocean Front-load washers and ducted, vented dryers for clean and quiet laundry access Custom Five Park app allows owners to conveniently manage at-home experience KITCHEN and BATHROOMS: Gabellini Sheppard custom- designed, Italian-made kitchens Stone countertops and backsplashes Accent colored frosted glass upper cabinets Integrated wood top dining tables Gaggenau appliances with ducted cooktop vents Main bedrooms with large walk-in closets Custom designed, Italian made Gabellini Sheppard main bathroom vanities Glass shower doors Select units feature wet rooms Hansgrohe bathroom fixtures feature
Property Amenities: 3RD FLOOR AMENITIES: Resident Lounge & Work SpaceCurated Library & Quiet RoomPrivate Meeting RoomsKids’ Play Room & Teens’ Learning LabScreening Room 6TH FLOOR OUTDOOR AMENITIES: Adult Pool with Wading Area, and Children & Family- Friendly Pool Pool Attendants & Towel Service Private Cabanas and Lounges Pool Bar & Café Yoga Meditation Deck 3,500 sq ft Sunset Terrace Private Beach Club in Miami Beach with a House Beach Car BODY & MIND WELLNESS CENTER: Juice Bar with Fresh Pressed Juices and Healthy Snacks In-House Personal Trainer and Wellness Coach Group Fitness Classes Top of the Line Cardio and Strength Equipment Outdoor Yoga and Exercise Deck Signature Spa with Massage and Treatment Rooms Men’s and Women’s Relaxation Lounge with Saunas and Showers 26TH FLOOR OWNERS CANOPY CLUB (accessible to Canopy Residences owners) Exclusive to Canopy Residences ONLY Billiard Room & Lounge Specialty Dining and Beverage Program Private Jewel Box Bar & Dining Room Den, Curated Library & Work Stations Wellness Fitness Center Men’s and Women’s Lounges complete with Saunas and Treatment Rooms BEACH CLUB: Private beach club with Five Park chairs, umbrellas, towelsTransportation to/ from via Moke or house car

Florida Home Finders Incentives

  • Providing you with real time access to pricing and availability for all new construction communities.

  • Connecting you to the largest property management network in the state of Florida for a turnkey investment.

  • You’ll receive a free professional home inspection by a certified home inspector.

  • Offering you hassle-free mortgage assistance with the most competitive lender rates in the nation.

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