Description

FIVE PARK- Special Launch Pricing update November 23, 2022:

Five Park is expanding it's Residence offerings with the launch of the lower building half, more price flexible condos featuring from 1-4 bedrooms that feature open plan living flowing out of large terraces with views of the City, Water and Park below (located between West Avenue and Alton Road from 6th to 8th Streets):

FIVE PARK General Information:

Five Park is South Beach's grand, new 48 story luxury tower, featuring only ninety eight 2-5 bedroom fully-finished Residences, ranging from 1,434-6,000 SqFt, starting at $2,500,000. These grand residences start at the 27th floor and rise up to the 48th floor. Sweeping Residences (all luxury condos are located on the higher floors) with expansive windows & soaring ceilings. FIVE PARK will be the tallest & most Iconic Residential Tower in Miami Beach.

The adjacent 3-acre Canopy Park features a Monstrum Playground, an outdoor gym, picnic areas, dog park, shaded gardens, and art installations. The verdant, plant-filled amenity deck boasts breathtaking sunset views of the Miami skyline and bay, visible from both the adult & family friendly pools. The expansive space also offers unmatched relaxation with shaded trellises, a sunset terrace, numerous cabanas and lounges, and meditation deck. Residents will also have a private Beach Club located South of Fifth, with lounge chairs, umbrellas and towel services.

Five Park Residence Features

Residences at Five Park feature private elevators, expansive, open floor plans that maximize the Miami sunlight, 10-foot wide sliding door openings that enable terrace access from living rooms, and of course soaring 10-foot

Kitchens feature Gabellini Sheppard custom-designed kitchens, Italian-made kitchen cabinets, Stone countertops and backsplashes, Accent colored frosted glass upper cabinets, Integrated wood top dining tables and Gaggenau appliances with ducted cooktop vents

Park - The Canopy Club - Level 26

The Canopy Club is a resident-only membership club, with a club lounge, dining, and living rooms outfitted with outdoor terraces that host amazing views of downtown Miami and Miami Beach. Enjoy elegant, secluded entertainment options at the private jewel box bar, lounge, and billiards room. Plus, a wellness lounge outfitted with private training areas, an outdoor workout zone, exercise bikes, yoga deck and juice bar amid spectacular bay and ocean views.

Currently under construction, and scheduled for delivery in early 2024, FIVE PARK unites timeless glamour with a new, multidisciplinary approach to development. The site pairs a soaring 48-story residential tower with an expansive three-acre Canopy Park, featuring a MONSTRUM playground, art installations, picnic areas, jogging paths, an outdoor gym, a dog park, and verdant, shaded gardens. The creation of a Daniel Buren pedestrian bridge completes the property, connecting the South of 5th neighborhood.

FIVE PARK offers two-to four-bedroom, finished residences with views of the ocean, Biscayne Bay and/or Miami downtown skyline. Owners enjoy an array of unparalleled services and amenities including their own private club on the 26th floor, The Canopy Club, featuring a club-level dining experience curated seasonally by a host of renowned chefs, a private jewel-box bar, a lounge, billiards room, indoor/outdoor fitness lounges, women's and men's spa lounges, an in-house personal trainer and wellness coach, a juice bar, and a private beach club membership located S of 5th - all in addition to a 6th floor deck of amenities and other services throughout the property.

01 Line - 4 Bedroom, 4.5 Bath, 3,186 SF

02- 3 Bedroom+Study, 3.5 Bath, 2,930 SF

03 Line - 3 Bedroom+Den, 4.5 Bath, 2,615 SF (can be made into a 4th Bedroom)

04 Line - 2 Bedroom, 2.5 Bath, 1,434 SF

05 Line - 3 Bedroom, 3.5Bath, 1,969 SF

Deposit Schedule:

10% at Contract

10% 60 Days from Contract

10% Nov 2021

10% Aug 2022

10% Feb 2023

Balance at Closing, est. Q4 2023

Amenities

BUILDING AMENITIES AND SERVICES

  • Co-working area with board rooms
  • Children's learning lab & teen club
  • Luxury short term guest suites
  • Resident only pool bar & café
  • 24-hour concierge/ butler service
  • Housekeeping services available
  • Beach Club transportation via electric Moke
  • Fully-outfitted Gym
  • Spa & Treatment rooms
  • State-of-the-art fiber-optics

OUTDOOR AMENITIES

  • The adjacent 3-acre Canopy Park features a MONSTRUM Playground, an outdoor gym, picnic areas, dog park shaded gardens, and art installations.
  • The verdant, plant-filled amenity deck boasts breathtaking sunset views of the Miami skyline and bay, a
  • Sunset terrace, cabanas and lounges, and meditation deck.
  • South of Fifth Private Beach Club.

Features

There are a couple of call out features we want to share:

  • The newest building in the area (last building on West Avenue is Monad Terrace, delivered in 2020, and the last delivered in SoFi is Louver House delivered in 2017
  • The average price for 4 bed condos sold in SoFi in the past 180 days is $9,543,0000 (contact us for stats and comps)
  • As an example, Five Park’s stunning, corner residence #3401 with over 900 sf of terrace and great glass frontage is available at $8.3M
  • Canopy Residences are finished to the nines, with soft liner diffusers, amazing flooring options and provide versatile layouts.
  • Owner’s Canopy Club fit for today’s discerning residents and amenities that are second to none
  • Five Park has been envisioned with the end-user in mind
  • Five Park is a generational development, which will transform Miami Beach
  • Privileged location, highly walkable
  • Best of SoFi at resident’s doorstep
  • Private residential beach club
  • Dining experience curated by a host of visiting renowned chefs

RESIDENCE FEATURES

  • Private elevator
  • Expansive, open floor plans maximize the Miami sunlight
  • 10’ wide sliding door openings enable terrace access from living rooms
  • Finished floor terraces accentuate a harmonious blend of indoor-meets-outdoor living
  • Soaring 10-foot ceilings
  • Master bedrooms with large walk-in closets.

KITCHEN

  • Gabellini Sheppard custom-designed kitchens.
  • Stone countertops and backsplashes.
  • Italian-made kitchen cabinets.
  • Gaggenau appliances with ducted cooktop vents.
  • Accent colored frosted glass upper cabinets.
  • Integrated wood top dining table.

BATHROOMS

  • Gabellini Sheppard master bathrooms feature Italian made vanities and textured glass shower doors.
  • Design-forward Hansgrohe bathroom fixtures feature in secondary bathrooms.
  • Select units feature wet rooms.
  • Custom-designed powder rooms feature Hansgrohe fixtures.

Penthouse 1 Floorplan

Penthouse 2 Floor plan

Residence 1 Floor plan

Residence 2 Floor plan

Residence 3 Floor plan

Residence 4 Floor plan

Residence 5 Floor plan

Unit Price Bed/Baths Interior Space $sf/$m² MLS Number
LPH02
$18,000,000 4 / 4 / 1 5888sf / 547m² $3,057sf / $32,907m²
4002
$7,900,000 3 / 3 / 1 2930sf / 272m² $2,696sf / $29,023m²

Property Location