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Five Park, Miami Beach, FL home for sale at 500 Alton Road 1001

Five Park Miami Beach, FL Homes For Sale & Real Estate

Five Park, Miami Beach, FL, is a condominium in Miami-Dade County with 10 homes for sale right now. Five Park is a luxury community in Miami Beach, Miami-Dade County, Florida.

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Five Park real estate market

There are 10 active listings for sale in Five Park right now. The median list price is $3,872,500, or about $2229 per square foot. Listings span $1,575,000 to $23,500,000, so there is inventory across most budgets. Homes are averaging 117 days on market. These figures update from the MLS as the market moves.

MLS data updated October 9, 2026
Active Listings
10
Median List Price
$3,872,500
Median $/Sq Ft
$2229
Avg Days on Market
117
Price Range
$1,575,000 to $23,500,000
How many homes are for sale in Five Park?
There are 10 active listings for sale in Five Park right now, and these counts update from the MLS as homes come on the market and go under contract. The top of the market here asks many times the entry level, so Five Park covers very different kinds of buyer under one name. Ask us to set up a search alert and you will see new Five Park listings the day they reach the market.
What is the median home price in Five Park?
The median list price in Five Park is $3,872,500, or roughly $2229 per square foot. The median is the midpoint of what is currently listed, so about half of Five Park homes ask more and half ask less, within a broader range of $1,575,000 to $23,500,000. The median sits in the lower part of that range, so most Five Park homes are nearer the entry level and a few high-end listings pull the top up. We can pull recent comparable sales to price a specific home more precisely.
What price range do homes in Five Park cover?
Homes for sale in Five Park currently range from about $1,575,000 at the entry level to $23,500,000 at the top of the market. That spread reflects unit size, floor, and finish level across the condos and townhomes here, with the median list price around $3,872,500. That is a wide spread, so Five Park genuinely holds homes at very different budgets rather than one price point. Tell us your budget and must-haves and we will send the Five Park listings that actually fit.
How long do homes take to sell in Five Park?
Homes in Five Park are averaging 117 days on market, measured from the day a listing goes live to the day it goes under contract. That is a measured pace, which usually leaves buyers room to negotiate and makes pricing at the outset matter more for sellers. Days on market in Five Park also shift with the season and with how a home is priced, so a sharply priced listing can still sell well ahead of the average.

Five Park, Miami Beach, FL, is a condominium in Miami-Dade County with 10 homes for sale right now. Five Park is a luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $1,000,000 to $8,000,000. Pure Equity lists homes in Five Park and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for sale in Five Park

Homes for sale in Five Park offer 1 to 6 bedrooms and 1.5 to 7.5 baths. Living areas run from about 731 to 6,000 square feet. The mix here includes condo homes. Current prices run from $1,575,000 to $23,500,000. The homes on the market were built between 2024 and 2025.

Schools near Five Park

Homes for sale in Five Park are typically zoned for the Miami Beach public schools below, based on current MLS listings. Confirm the exact attendance zone for any specific address with the Miami-Dade County school district before you buy.

Elementary School
Miami Beach South Pointe
Middle School
Miami Beach Nautilus
High School
Miami Beach

Five Park HOA fees

Median HOA fee
$5,274/mo
Typical range
$3,402 to $6,897
Lowest to highest
$2,004 to $16,189
Listings with a fee
10 of 10

Across the 10 homes for sale in Five Park that list an HOA fee, the median is $5,274 a month. Half of them fall between $3,402 and $6,897. Fees quoted quarterly or yearly are converted to a monthly figure so they compare directly.

The fee most often covers trash pickup, water, common areas, internet, sewer and security. Coverage differs from one building or section to the next, so read what a specific listing includes before comparing it with another.

Listings here most often mention clubhouse, elevators, fitness center, pool, grounds maintenance and business center.

All 10 listings that state a pet policy allow pets, some with size or number limits.

From current MLS listings in Five Park; the figures change as homes come and go. Confirm the fee, any special assessments and the association's rules with the HOA before you buy.

Recently sold homes in Five Park

These are the last 6 recorded closings in Five Park, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,761 per square foot. The most recent closed on September 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.

See every recorded sale in Five Park or find out what your Five Park home is worth.

Five Park market and home values

Values in Five Park track the community's own sales more closely than any broad regional number. The median list price in Five Park is around $3,872,500, or roughly $2,229 per square foot. That sits about 546% above the Miami-Dade County median, which shows where Five Park lands in the local market. Recent asking prices have run from $1,575,000 to $23,500,000, so the home you choose within Five Park matters as much as the community average. Homes here have recently taken about 117 days to go under contract, a useful gauge of how quickly the Five Park market is moving. For pricing an offer or a listing, comparable sales within Five Park carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity can pull the active and recently sold homes in Five Park so you work from real numbers, not an estimate.

Five Park compared to nearby Miami Beach communities

Five Park carries the highest median of the 7 Miami Beach communities compared here. Price per square foot is the fairer comparison between communities, because it adjusts for the fact that one neighborhood builds bigger homes than another. Days on market shows how quickly each one is actually selling.

CommunityHomesMedian$/Sq FtDays
Five Park this page10$3,872,500$2,229117
Fontainebleau32$1,274,500$1,672317
Roney Palace43$1,195,000$1,417220
The Pavilion29$620,000$545194
Seacoast32$598,450$607353
The Decoplage44$492,450$734254
Mirador45$399,999$511235

Medians come from active listings in each community and move as inventory turns over. They describe the homes currently for sale, not what any one home is worth.

Is Five Park right for you?

A quick read on who fits Five Park saves time before you visit. Five Park suits a range of buyers, from first-time owners to move-up families, who want a home in Miami Beach with the everyday conveniences of the area close by. On price, Five Park sits at the luxury end of the market, where buyers weigh the specific home, its finishes, and its setting closely. Whether Five Park is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity can walk you through the tradeoffs before you commit.

Living in Five Park

Five Park is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.

Five Park location

Five Park is located in Miami Beach, part of Miami-Dade County, Florida. Residents are close to the shopping, dining, schools, and parks of the Miami Beach area, with the wider job centers, beaches, and airports of the region within driving distance.

Buying a home in Five Park

Buying in Five Park follows the same path as the rest of Miami-Dade County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Miami-Dade County is about $3,516. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Miami Beach means you see new listings in Five Park the day they reach the market.

Selling a home in Five Park

A successful sale in Five Park comes down to pricing, presentation, and marketing. List prices in Five Park currently center around $3,872,500, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Five Park owners in Miami Beach, so you can see what your property could sell for before you commit to listing.

What is your Five Park home worth?

Online estimates miss what makes a home different. Tell us about yours and a licensed listing agent will send you a pricing opinion based on what has actually closed near you in Five Park.

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Listing agents and seller representation in Five Park

Thinking about selling in Five Park? The agent you pick shapes two numbers: what your home closes for, and how long it takes. A listing agent, also called a seller's agent, prices the property against what has actually closed nearby. They also prepare and market it, screen the offers that arrive, and negotiate the terms rather than just the price.

Conditions in Five Park sit close to balanced, which rewards sellers who price against real closed sales instead of neighboring asking prices. Homes here are averaging about 117 days from listing to accepted offer, so build that into your moving timeline.

Community-level detail matters most here. Association rules, what the fees cover, and which buildings sell fastest all affect your outcome. So does whether a buyer needs board approval before closing. None of it appears in a listing description. All of it decides whether a sale closes on time.

Pure Equity is a licensed Florida brokerage serving Five Park. Onias Derilus is the broker of record, Florida Real Estate Broker license BK3276618. A broker holds a higher license than an agent working under one. In practice that means the person advising you on price is also the one legally responsible for the file. That matters most when a deal gets complicated.

More on this: what a listing marketing plan should include · selling a home in a 55 and over community

Realtors and real estate agents serving Five Park

People search for realtors, real estate agents, and real estate brokers more or less interchangeably. For most purposes the job title matters less than licensing and representation. Every licensed agent in Florida works under a broker. That broker carries final responsibility for the transaction.

What separates real estate professionals in Five Park is specificity. Can they answer questions about your street, not just your city? Ask what they have closed nearby and how they arrived at a price. A grounded answer cites particular recent sales. It also explains why those homes compare to yours. Vague reassurance is the warning sign.

More on this: how a flood zone affects your home value · does a busy street lower your home value? · selling a condo or HOA home

Buyer's agents in Five Park

A buyer's agent represents the purchaser rather than the owner. They identify properties that actually fit and research what comparable homes sold for, not what they asked. They also advise on offer strategy. Finally, they manage inspection and financing deadlines through to closing.

Where buyers have room to negotiate, as they do in Five Park, the leverage is only worth something if you know where it exists and what to ask for. If you are buying and selling at the same time, which is common for people moving within Miami-Dade County, sequencing the two is its own skill: contingencies, timing, and what happens if one closing slips all need planning before either home goes on the market.

What representation costs

Real estate commissions are negotiable. No law, multiple listing service, or association sets them. If an agent tells you there is a standard rate, they are misinforming you. What you pay is agreed between you and the brokerage you hire. Get it in writing before the work begins.

Industry rules changed in 2024. Now a buyer and their agent must put compensation in a written buyer agreement before touring homes together. Sellers may still offer to contribute toward the buyer's side. However, that is negotiated rather than assumed. It is worth thinking through with your listing agent before you go live.

More on this: how commission is actually structured · when a sale falls through · how long it takes to sell a house

Search Five Park with someone local

We will tell you which listings are worth your time, what comparable homes actually closed for, and how to structure an offer that holds up through inspection and financing.

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Frequently asked questions

How do I find a listing agent in Five Park?

Ask any listing agent you interview two questions. Which homes have they closed near Five Park, and how did they arrive at their suggested price? A grounded answer names recent closed sales. It also explains why those homes compare to yours. With a median around $3,872,500 here, the gap between realistic pricing guidance and optimistic guidance is real money. Verify the license too. Florida licenses are public and searchable through the state's DBPR portal. Pure Equity is a licensed brokerage serving Miami-Dade County. You can reach the broker directly at (561) 835-5400.

What does a seller's agent actually do?

A seller's agent prices the home against comparable closed sales. Before it goes live, they advise on repairs and presentation. Then they handle photography and marketing, and put the home in front of buyers and other agents. When offers arrive, they screen them and negotiate both price and terms. Terms matter as much as the number, because inspection windows, financing contingencies, and closing dates all affect whether an offer reaches the closing table.

How much does a real estate agent cost in Five Park?

Commissions are fully negotiable. No law or real estate board sets them. What you pay is whatever you and your brokerage agree to in writing before work begins. Since the 2024 rule changes, buyers and their agents must agree compensation in a written buyer agreement before touring homes. Any seller contribution toward the buyer's side is negotiated rather than automatic. Ask any agent you interview to put their fee in writing.

What is the difference between a realtor, a real estate agent, and a broker?

A real estate agent holds a state license to represent buyers and sellers. A broker holds a higher-level license and can operate a brokerage. That broker also carries final legal responsibility for the office's transactions. Realtor is a membership term for agents belonging to the National Association of Realtors. For someone buying or selling in Five Park, three practical questions matter. Is the person licensed, who do they represent in your transaction, and what can they actually tell you about your local market?

Do I need an agent to buy a home in Five Park?

You are not legally required to use one, but most buyers in Five Park do. A buyer's agent handles the parts that are easy to get wrong. That means identifying what comparable homes actually closed for, spotting condition or association issues early, and managing inspection and financing deadlines. Even in a slower market, negotiating room is only useful if you know where it exists.

Can one agent help me sell my current home and buy the next one?

Yes. For people moving within Miami-Dade County it is often the more practical route, because one person coordinates both timelines. Sequencing is the hard part. Should your purchase be contingent on your sale? How would you cover a gap if the closings do not line up? What happens if one side is delayed? Plan all of that before either home is listed, rather than after an offer arrives.

Look up Five Park property records

Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.

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