
Terra Group and GFO Investments
500 Alton Road, Miami Beach, FL 33139, Florida
Five Park is a completed luxury condominium at 500 Alton Road in Miami Beach, developed jointly by Terra Group and GFO Investments. The building offers residences across two collections — larger Canopy Level homes and more compact Park Level suites.
Finished in 2025, the project delivers a spectrum of layouts, from one-bedroom homes to expansive five-bedroom residences, in one of South Florida's best-known coastal cities.
Miami Beach places daily conveniences, dining, and cultural attractions within easy reach, and the South Beach area is known for its walkable streets, beaches, and waterfront parks. Specific nearby businesses, schools, and services can be confirmed directly with the developer as part of the sales process.
Miami Beach connects to the mainland and Greater Miami by way of the MacArthur Causeway and other bridge routes leading toward Interstate 95 and downtown. Its central location on Alton Road puts residents close to the arteries that run the length of the barrier island, making trips around South Beach and beyond straightforward by car.
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Five Park is a joint effort by Terra Group and GFO Investments. Terra Group is an established South Florida developer with a portfolio of residential and mixed-use projects across the region, while GFO Investments is a Miami-based real estate firm. Together they bring local development experience to this Miami Beach address.
Buying a new condominium in Miami Beach usually begins with registering for information so you receive floor plans, pricing, and first access to available residences as they are released. In earlier phases of a project, deposits are commonly structured in stages, and buying early in a release can mean more choice of layout and exposure.
Because Five Park was completed in 2025, purchases now generally involve finished residences rather than pre-construction reservations. Under Florida law, buyers of a new condominium have a 15-day rescission period under FS 718.503, which allows a purchaser time to review the contract and condominium documents after signing.
Specifics such as available units, current pricing, and closing procedures should be confirmed directly with the developer. This overview is general education and not financial or legal advice.
Residences at Five Park start from $1,250,000 USD. Pricing varies by floor plan, level, and size, and current availability should be confirmed with the developer.
The building offers one- to five-bedroom Canopy Level residences ranging from about 1,434 to 6,000 square feet, along with one- to three-bedroom homes on the Park Level. This gives buyers a range of layouts from compact suites to large family residences.
Five Park is at 500 Alton Road in Miami Beach, Florida, 33139, in the South Beach area of the barrier island.
Five Park is developed by Terra Group and GFO Investments, two Miami-based real estate firms working together on the project.
Yes. The project was completed in 2025. Buyers interested in available residences should reach out to the developer for the latest status.
You can register your interest to receive details on available residences, floor plans, and pricing. The developer's sales team can confirm specifics such as deposit terms and closing details.
Deposit structures for new Florida condominiums are typically staged over the course of construction, but final complete this project were finalized ahead of completion. Since Five Park is finished, purchase and deposit terms for any remaining residences will be confirmed directly by the developer.
Information last updated July 14, 2026. Details are provided by the builder and may change without notice.
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