Five Park Residences | Miami Beach | Starting at $1.3 Million
Description
Five Park Residences | Miami Beach | Starting at $1.3 Million
Introducing Five Park Residences, the tallest residential tower in Miami Beach. Rising 48 stories and developed by Terra Group and GFO Investments, this transformative project blends high-design, holistic wellness, and bay-to-ocean views in an iconic South of Fifth location.
Project Overview:
• Developer: Terra Group & GFO Investments
• Architecture: Arquitectonica
• Interior Design: Gabellini Sheppard
• Total Units: 98 condominium residences + 150 luxury rentals
• Stories: 48
• Completion: 2024
Residences & Pricing:
• 2–3 Bedroom Residences: From $1,300,000 (Approx. 1,434–6,000 sq ft)
• Penthouses & Larger Residences: Inquire for pricing
Signature Amenities:
• 50,000 sq ft luxury wellness center with indoor/outdoor pools, spa, sauna, and fitness pavilion
• Three-acre Canopy Park with playgrounds, outdoor gym, and walking trails
• Private beach club access with shuttle service
• Resident lounge, pool bar, co-working spaces, and screening room
• 24/7 concierge, valet, housekeeping, and in-residence technology integration
HOA Fees: Estimated $1.90–$2.00 per sq ft
Deposit Structure:
• 20% at Contract
• Remaining balance per construction milestones
