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5 exhibitions within 1 mile
Art Week Score 51 · #128 in South Beach
#128 in South Beach · #193 in Miami
Nearest: Joseph's Machines brunch at the Jewish Museum of Florida, 0.5 mi away
For sale
15
2 pending · 5.3 mo supply
Median asking
$3.45M
from $930K
Median $/sqft
$2,257/sqft
$1,779/sqft sold, 12 mo
Days on market
48
116 to sell · 34 in 12 mo
Five Park rises 55 floors over South Beach at 500 Alton, with 132 residences. Terra developed it, and it was built in 2025.
The building sits in FEMA flood zone AE, part of the Special Flood Hazard Area, where FEMA maps a 1% yearly chance of flooding and lenders require flood insurance for federally backed or federally regulated mortgages. Its Miami-Dade hurricane evacuation zone is B. The lowest street next to the building is 0.7 ft above the highest tide predicted for 2026 at Virginia Key, and tides that run higher than predicted can reach streets that low.
The nearest Publix is 120 m away in a straight line, about 0.1 miles. The Car-Free Index here is 1.
A public records check run on October 21, 2026 found no liens, lawsuits or regulatory complaints at watch level or higher. Financeability is rated good, with an index of 61 of 100, meaning regulated lenders have financed purchases in the building in the last two years. Miami-Dade Clerk records show 9 resale deeds in the 12 months to October 22, 2026.
Live near more of Miami
What surrounds Five Park: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
86 / 100
Nearest Publix: Publix at Fifth & Alton, <0.1 mi
#2 in South Beach · #7 in Miami
Close enough to hear the BOGO announcements.
1 Publix stores nearby
- Publix at Fifth & Alton ↗<0.1 mi
Distances are straight-line, not walking or driving.
Getting around
South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
64
/ 100
B+
own.miami Score
A data-grounded score for Five Park from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value31
$2,257/sqft — vs. South Beach condos, then all of Miami
Momentum23
-8.2% $/sqft over 6 months
Liquidity72
5.3 months of supply · 48 days on market
Health100
Verified records on file — nothing adverse
Waterfront55
Not waterfront
Age96
Built 2025 — vs. South Beach buildings
own.miami Condo Index
274Premium100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#26 of 698 tracked Miami condos
Top 4% by price per sq ft
#6 of 121 in South Beach
Momentum
↓ Cooling
$2,257/sqft median ask
Liquidity
Hot
Floor plans
Residence 01
3 bd · 3.5 ba · 2,178 sqft
The stacks
4 lines · modeled from 35 salesCondos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Five Park’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -06 line.
| Line | Layout | Size | View | $/sqft | Per floor | Low→high floor | Sales |
|---|---|---|---|---|---|---|---|
| -03 | 3 bd · 4.5 ba | 2,615 sqft | Bay | $2,562/sqft | +$54 | $1,285/sqft → $3,213/sqft | 10 |
| -04 | 2 bd · 2.5 ba | 1,434 sqft | Ocean ViewWaterfront | $2,362/sqft | +$39 | $2,157/sqft → $2,740/sqft | 3 |
| -06Best value | 1 bd · 1.5 ba | 1,010 sqft | Ocean View | $1,314/sqft | +$22 | $1,168/sqft → $1,389/sqft | 4 |
| Penthouses | 4 bd · 6.5 ba | 5,974 sqft | Bay | $3,012/sqft | — | — | 2 |
Modeled from Five Park’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.
What’s a unit here worth?
Pick a line and a floor — we estimate the value from Five Park’s own sales history.
Estimated value
$1,540,000
$1,404,000–$1,675,000 · $1,524/sqft
Moderate confidence · 4 sales
Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.
Want the inside track on Five Park?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$3,745,000$1,719/sqft
3 bd · 3.5 ba · 2,178 sqft
500 Alton Rd #1001
Listing courtesy of Douglas Elliman, Anca Mirescu (Lic. #3226152) · MLS #A12096470
$930,000$1,099/sqft
1 bd · 2 ba · 846 sqft
500 Alton Rd #506
Listing courtesy of One Sotheby's International Realty, Samantha Elenson (Lic. #3241135) · MLS #A12088651
$23,500,000$3,917/sqft
6 bd · 7.5 ba · 6,000 sqft
500 Alton Rd #4501
Listing courtesy of One Sotheby's International Realty, Marko Gojanovic (Lic. #3465143) · MLS #A12085309
$10,500,000$2,983/sqft
4 bd · 5 ba · 3,520 sqft
500 Alton Rd #2318
Listing courtesy of BHHS EWM Realty, Nelson Gonzalez (Lic. #0449460) · MLS #A12082232
$3,450,000$2,406/sqft
2 bd · 2.5 ba · 1,434 sqft
501 West Ave #3404
Short-term leases OK
Listing courtesy of BHHS EWM Realty, Esther Percal (Lic. #0197819) · MLS #A12070118
$1,575,000$1,575/sqft
1 bd · 1.5 ba · 1,000 sqft
500 Alton Rd #1204
Listing courtesy of Coldwell Banker Realty, Attila Yildiz (Lic. #3276282) · MLS #A12064173
$4,999,000$1,990/sqft
3 bd · 3.5 ba · 2,512 sqft
500 Alton Rd #2105
Listing courtesy of Douglas Elliman, Nicholas Jovanovich (Lic. #3511741) · MLS #A12060972
$10,875,000$3,413/sqft
4 bd · 3.5 ba · 3,186 sqft
500 Alton Rd #4401
Listing courtesy of Douglas Elliman, Monika Kamardinov (Lic. #3530960) · MLS #A12042485
$1,650,000$2,257/sqft
1 bd · 1.5 ba · 731 sqft
500 Alton Rd #2108
Rental income in placeTenant occupied
Listing courtesy of Dezer Platinum Realty LLC, Gustavo Strallnikoff (Lic. #3037142) · MLS #A12033272
$2,200,000$1,982/sqft
1 bd · 1.5 ba · 1,110 sqft
500 Alton Rd #802
Listing courtesy of Interealty Exchange Inc, Gabriele Braha (Lic. #3250762) · [email protected] · MLS #A12022370
$3,999,999$1,837/sqft
3 bd · 3.5 ba · 2,178 sqft
500 Alton Rd #1601
Listing courtesy of Douglas Elliman, Carlos Fernandez (Lic. #3365190) · MLS #A12014864
$2,750,000$2,258/sqft
2 bd · 2.5 ba · 1,218 sqft
500 Alton Rd #2402
Short-term leases OK
Listing courtesy of WIRE Miami, Hector Silva Jr. (Lic. #3245199) · MLS #A11987245
Sold $/sqft trend
3-month rolling median of closed sales in Five Park; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 500 Alton
- Year built
- 2025
- Floors
- 55
- Residences
- 132
- Developer
- Terra & GFO Investments
- Waterfront
- No
Developed by
Terra73
A− · Developer Score
- Ranks #7 of 13 scored Terra buildings
- Asking $2,257/sqft here vs $2,005/sqft across the developer's portfolio
- 84% of the developer's portfolio has no adverse verified record
- All 17 buildings by this developer
Amenities
- · Beach club
- · Pool
- · Spa
- · Fitness center
- · Concierge
- · Valet
- · Dining
- · Restaurant
- · Sauna
- · Business center
- · Theater room
- · Clubhouse
- · House car
Building rules
- Parking
- The building offers valet services and some units include assigned parking spaces.
Special assessments & recertification outlook
ClearPublic records checked Oct 28, 2026: no liens, lawsuits or regulatory complaints found for the association.
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 13 purchase or refinance loans on this building in the last 12 months, financing 31% of its recorded sales, and accepted a down payment as low as 10.1%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 61/100.
Source: Miami-Dade Clerk official records
- Built 2025 — its first 25-year structural milestone inspection is due around 2050
Estimated from Five Park’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Five Park: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.
- Mortgages recorded, 12 months
- 15
- 13 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 31%
- 32 recorded sales, 12 months · All purchases: 10 resales and 22 developer closings
- Average down payment
- 31.7%
- Lowest down payment accepted
- 10.1%
Resales and developer closings
| Sales, 12 months | Bank-financed | Average down | Lowest down | |
|---|---|---|---|---|
| Resales | 10 | 40% | 30.9% | 20% |
| Developer closings | 22 | 27% | 31.8% | 10.1% |
A new building's first sales are developer closings: buyers closing on units they bought from the developer. They are real purchases, but not resale activity, so they are counted apart. Down payments cover 24 months and need 3 or more loans.
Loan programmes, 24 months:Conventional 15
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 8.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 4.2 ft
- Lowest nearby street
- 1.7 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 0.7 ft above this year’s highest predicted tide (Oct 27, 2026). Tides that run higher than predicted can reach streets this low.
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR77340 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Five Park cost?+
There are 15 condos for sale at Five Park, from $930,000, with a median asking price of $3,450,000 ($2,257/sqft).
How much are the HOA fees at Five Park?+
HOA / maintenance fees at Five Park run around $4,244 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
When was Five Park built?+
Five Park was built in 2025, 55 stories, 132 residences.
Who developed Five Park?+
Five Park was developed by Terra & GFO Investments. Terra's own.miami Developer Score is A− across 17 buildings.
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