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Five Park

Miami Beach Building Guide

501 West Avenue, Miami Beach, FL 33139

Miami Beach · Building profile

A Miami Beach tower beside Canopy Park

The Miami Beach building has 48 floors, completed in 2024.

Terra’s portfolio describes Five Park as a 48-story residential tower completed in 2024, with architecture by Arquitectonica and interior design by Gabellini + Sheppard. The project brings together a residential tower, Canopy Club facilities and an adjacent public park. Those are different kinds of access: when considering a residence, confirm its club eligibility and charges separately from the public park and pedestrian connections around the property.

Address
501 West Avenue, Miami Beach, FL 33139
Year built
2024
Floors
48
Developer
TCH 500 Alton, LLC / Terra
Architect
Arquitectonica
Interior design
Gabellini + Sheppard

Check the underlying records

Five Park: public record checks

The directory’s map point has been checked against the county’s municipal boundary map. These checks do not establish the building name, ownership rights, current condition or association policies.

Mapped municipality
Miami Beach. The mapped point falls within this area in the county’s boundary layer; this is not a legal survey.

Postal locality, a tax-record locality and a municipality can use different names. Keep those distinctions when researching the property. A record match is not an inspection, price estimate, residence count or confirmation of the visitor entrance.

Make a more informed shortlist

Your Five Park research brief

Work through the details that could change your decision. Open a topic, record what you learn, and download your questions and notes to use with an association or a licensed agent.

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Which Canopy Club and beach-service rights attach to the specific residence?

Evidence to request: Start with the cited project sources, then request the current documents governing the exact residence. Retain the document date and page reference.

Are club access or services subject to separate recurring charges, membership or booking conditions?

Evidence to request: Start with the cited project sources, then request the current documents governing the exact residence. Retain the document date and page reference.

What is the unit’s legal street address, and which entrance serves its parking and deliveries?

Evidence to request: Start with the cited project sources, then request the current documents governing the exact residence. Retain the document date and page reference.

Ownership and the exact residence

What form of ownership applies to the residence at Five Park, and which spaces and rights transfer with it?

Evidence to request: Recorded declaration or CC&Rs, title documents, unit designation and any ground lease. A building name does not establish ownership rights.

Monthly costs and assessments

What are this residence’s current charges, what do they include, and is additional funding approved or proposed?

Evidence to request: Dated unit dues statement, current budget, assessment notices, tax estimate and insurance quotes. Separate recurring costs from one-time payments.

Rental rules

Can this residence be leased for the intended term, and what approvals, caps or waiting periods apply?

Evidence to request: Current governing documents and amendments, written association confirmation and applicable municipal requirements.

Pets and everyday use

What current rules apply to the specific pet, including number, size, registration and common-area access?

Evidence to request: Current written pet policy and application requirements. An amenity or a pet-friendly listing does not establish the building’s rules.

Parking, storage and charging

Which parking and storage rights transfer with the residence, and what restrictions or extra costs apply?

Evidence to request: Recorded or assigned space documentation, parking agreement and written EV-charging rules. Check dimensions and access during a visit.

Building work and reserves

Which inspections and reserve studies apply here, what do the available reports conclude, and how will planned work be funded?

Evidence to request: Complete dated reports, engineering recommendations, recent meeting minutes, contracts and funding plans. This profile is not an inspection or a safety certification.

Detailed document checklist

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Inside the residences

Residence features & finishes

  • 1-bedroom to 5-bedroom residences

Availability enquiries

Ask about Five Park

Current availability needs confirmation

We do not receive a live Miami MLS feed. Request an introduction to a licensed partner agent to check current pricing and availability.

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Location

Check the location against your daily routine

Check the exact entrance, parking access and routes you expect to use when planning a visit.

Good to know

Five Park — frequently asked

When was Five Park built?

Five Park was completed in 2024.

How many floors does Five Park have?

Five Park rises 48 floors.

What kind of residences does Five Park offer?

Five Park offers 1-bedroom to 5-bedroom residences.

Who developed Five Park?

Five Park was developed by TCH 500 Alton, LLC / Terra, with architecture by Arquitectonica.

Where is Five Park located?

Five Park is recorded at 501 West Avenue, Miami Beach, FL 33139. Confirm the entrance and residence designation before arranging a visit.

Where can I research the surrounding area?

The South of Fifth guide provides area context and links to other buildings. Neighborhood labels can cover a broad area; use Five Park’s exact address to check the routes, services and destinations that matter to you.

How do I identify the current association or manager for Five Park?

We have not verified a current association or management contact for Five Park. Confirm the legal ownership structure first, then use the current governing documents or ask a licensed agent to identify the responsible association or manager. The South of Fifth directory is a research starting point, not an official association register.

What documents should I request from the Five Park association?

Ask for an estoppel certificate, the declaration and bylaws, the current budget and reserve study, recent meeting minutes, and the building's milestone inspection and structural integrity reserve study status. Read these documents together to understand planned work, funding and approved assessments; no single figure establishes the financial condition of an association.

Ownership documents

Five Park: association and management research

When researching a residence at Five Park, first confirm the legal ownership structure and the organization responsible for the building. Ask for an estoppel certificate, the declaration and bylaws, the current budget and reserve study, recent meeting minutes, and the building's milestone inspection and structural integrity reserve study status. Obtain dated documents and written answers for the exact residence you are considering.

Association directory
The neighborhood

Explore South of Fifth

Explore the South of Fifth area guide and compare the addresses of buildings in this part of our directory.

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Research notes

Five Park: sources and buyer questions

Sources checked . This date applies to the cited facts below.

The developer portfolio establishes the design team, published tower height and completion year. Its descriptions distinguish residential club facilities from the public park.

The portfolio’s 98-residence figure is not treated as the total for the entire building without clarifying the residence collection it describes. Verify the unit’s legal address and entrance; the directory and development materials use different street-address descriptions.

Questions to take to the association or a licensed agent

  • Which Canopy Club and beach-service rights attach to the specific residence?
  • Are club access or services subject to separate recurring charges, membership or booking conditions?
  • What is the unit’s legal street address, and which entrance serves its parking and deliveries?

We do not currently receive a live Miami MLS feed. Sample units elsewhere on this site are illustrations and do not establish current prices or availability.

Compare this building · Open the condo document checklist · How we handle sources and corrections · Report a correction

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