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  1. Home/
  2. Miami Beach, FL/
  3. Five Park

Five Park

501 West Ave, Miami Beach, FL, 33139

Units for Sale

Building imageView Listing
MLS ID #A11840802
Building ImagesView ListingMLS ID #A11840802
Building ImagesView ListingMLS ID #A11840802
Building ImagesView ListingMLS ID #A11779731
Building ImagesView ListingMLS ID #A11779731
YearBuilt

Year Built

2024

Stories

# Stories

48

#TotalUnits

# Total Units

7
UnitSizeRange

Unit Size Range

2,930-6,777 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

High


Building Description

Five Park is a modern 48-story condominium completed in 2024, offering luxurious 3 and 4-bedroom units with stunning waterfront views. Located at 501 West Ave in Miami Beach, the property features an advanced architectural design and premium materials, emphasizing contemporary living. Units start at $6,500,000, reflecting the high-end market appeal in this sought-after area. Residents can enjoy a comprehensive suite of amenities, including a fully equipped exercise room, sauna, and spa/hot tub for relaxation. For social and recreational activities, the building boasts a clubhouse, cabana, and a private beach pavilion. Outdoor enthusiasts will appreciate the bike and jog paths surrounding the property, providing an active lifestyle while enjoying the scenic waterfront. Additionally, the business center caters to professionals, ensuring a seamless balance between work and leisure. Elevators provide convenient access to various floors, enhancing the experience for residents and visitors alike. Five Park exemplifies upscale urban living, merging modern comfort with exceptional amenities in a vibrant waterside setting.

Building imageView Listing
MLS ID #A11840802
Building ImagesView ListingMLS ID #A11840802
Building ImagesView ListingMLS ID #A11840802
Building ImagesView ListingMLS ID #A11779731
Building ImagesView ListingMLS ID #A11779731

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness CenterCheck Icon
Visitors ParkingVisitors Parking

Building Policies

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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Five Park Market Report (last 12 months)

Avg. List Price
$9,550,000 ($2292/Sqft.)
Year-Over-Year List Price
0.00%
Total Listings
Listings3
Avg. Days On Market
Calendar96
Avg. Sale Price
$6,500,000 ($2041/Sqft.)
Year-Over-Year Sale Price
0.00%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$1 /monthly
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About Five Park

Condo Living at Five Park, located at 501 WEST AVE, MIAMI BEACH, FL:

Welcome to Five Park! Situated in the vibrant Miami Beach, this stunning condo building stands tall at 48 stories, blending modern luxury with a laid-back beach vibe. Completed in 2024, Five Park is perfect for first-time buyers eager to dip their toes into the world of homeownership amidst the lively Miami scene. With six thoughtfully designed units ranging from 2,930 to a spacious 6,777 square feet, there's a perfect fit for everyone, whether you’re looking for a cozy nest or a larger space for entertaining.

Building Features and Unit Availability:

Five Park shines with its high availability of units, meaning that if you find something you love, you’ll have a good chance of making it yours. Although the demand is currently lower, this could be a golden opportunity for you as a first-time buyer. The average closed price for units here hovers around $6,500,000, translating to about $2,041 per square foot, which reflects the luxurious nature of these residences. Units have recently spent around 96 days on the market, giving you ample time to plan your next steps.

Amenities You'll Love:

One of the most charming aspects of living at Five Park is its delightful array of amenities. Imagine starting your day with a jog or bike ride along the bike/jog path, or unwinding after a long day in the serene spa or hot tub. The private beach pavilion is a perfect escape, allowing you to soak up the sun whenever you wish. For those who enjoy socializing, the clubhouse and bar are perfect spots to meet neighbors or host friends. And for families, the child play area stands ready to provide hours of fun for the little ones.

  1. Home/
  2. Miami Beach, FL/
  3. Five Park
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