$17,500,000
SOLD JUL 15, 2025
4 Beds
6.5 Baths
5,888 Sq Ft
$15,120/mo HOA Fee

Recently Sold

$2,972 Per Sq Ft

12% Below List Price

242 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Bar or Lounge
  • South Pointe Elementary School Rated A-
  • Community Cabanas
  • 3-minute walk to Canopy Park

About This Home

As of July 2025

One of the most remarkable residences in Miami - stunning lower Penthouse at Five Park, featuring 4 beds, 6.5 baths, office and media room. 11 ft+ ceilings. 5,888 sq ft of interior space, complemented by 1,868 sq ft of wraparound terrace. Sweeping views of magical sunsets over the Miami skyline, and sunrises over the Ocean. Open living space meticulously designed and detailed by Meyer Davis is equally suited for lavish entertainment and serene contemplation. Five Park is the newest luxury residential tower in Miami Beach, delivered Nov 2024. It offers its residents amenities including private beach club, 2 pools, gym, spa, on-site restaurant and the exclusive 26th floor Canopy Club. Most sought-after location due to proximity to restaurants, beach, parks etc.

Last Agent to Sell the Property

Anca Mirescu

Douglas Elliman Brokerage Email: christopher.wands@elliman.com License #3226152 Listed on: 11/15/2024

Douglas Elliman

Co-Listed By

Charlotte Maietto

Douglas Elliman Brokerage Email: christopher.wands@elliman.com License #3414416

Last Buyer's Agent

Christopher Wands

Douglas Elliman License #3350620

Douglas Elliman

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2024 | Under Construction

HOA Fees

  • $15,120 Monthly HOA Fees

Parking

  • 4 Car Garage

Property Views

Interior Spaces

  • 5,888 Sq Ft Home
  • Entrance Foyer

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-006-0018

Community Details

Overview

  • High-Rise Condominium
  • Five Park Condos
  • Five Park Subdivision
  • 48-Story Property

Amenities

  • Doorman
  • Sauna
  • Trash Chute
  • Clubhouse
  • Business Center
  • Community Library
  • Bar or Lounge
  • Bike Room

Recreation

  • Community Playground
  • Community Cabanas
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$15,120 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: DEOM10
  • Co List Office Phone: 305-677-5000
  • Entry Level: 47
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: FIVE PARK
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Attribution Contact: christopher.wands@elliman.com
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Entrance Foyer, Other
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 5888
  • Possible Use: Unknown/Withheld
  • Stories: 48
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay, Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Under Construction, New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: FIVE PARK
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 15120
  • Amenities: Bar, Bike Storage, Business Center, Cabana, Child Play Area, Clubhouse-Clubroom, Elevator(s), Exercise Room, Library, Other, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-006-0018

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Sold $17,500,000 -12.5% $2,972 / Sq Ft
11/15/2024 11/15/24 For Sale $20,000,000 -- $3,397 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11694331

MIAMI REALTORS® MLS