Miami Beach is well-positioned for long-term growth as a global gateway city, with continued demand coming from both foreign and domestic buyers. Five Park is poised to become the address of choice for the city’s newest residents, offering direct pedestrian access to Canopy Park and the Miami Beach Baywalk, panoramic views across the cityscape and Biscayne Bay, and best-in-market amenities.
Five Park will have 280 residential units. They will be a mix of for-sale condos and rental apartments, but the developers haven’t revealed the exact mix. Units will range from two to four bedrooms. We have the details.
Five Park was designed by Arquitectonica, with interiors by Gabellini Sheppard. Amenities will include two pools, a restaurant, a lounge, a spa, two fitness centers, a sky club, and private dining rooms.
The tower is slated to be completed by 2023. Moss Construction is the general contractor.
“This exciting development reflects our team’s commitment to design excellence and connectivity in one of South Florida’s most walkable neighborhoods, catering to residents who want to live steps away from Miami Beach Marina, beautiful inland waterways, parks and countless shopping, dining and entertainment options,” said Russell Galbut, chairman of GFO Investments. “Five Park will be an iconic landmark for Miami Beach and we look forward to revealing more details about the project and advancing on construction over the coming months.”
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