Five Park Residences on Miami Beach is preparing for topoff, which is a huge win for Miami Beach. Terra Group has taken a once-blighted 3-acre site and really made a transformation.
What we used to look at was the shell of some old building. But today it is a 44 story tower with a beautiful park. There is a Monstrum Playground now and a proper dog park. This is a huge win for the city and the condos are beautiful.
According to development representatives, the building will be topped off in September and residents can expect to start moving in next fall (2024). Purchase opportunities do remain in a limited scale from $1.1 million up to $25 million for the penthouse.
In addition to the new tower, developers are building a pedestrian bridge that allows a connection to the restaurants and beach areas of Miami Beach’s South of Fifth area.
If you are interested in a presentation of the project with special pricing, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
Image Credit: Five Park Residences and Terra Group
