FIVE PARK
Homes for Sale in Miami Beach, FL
True comps, carrying-cost math, and listings before the portals.
Photo via miami
FIVE PARK is pricing on a per-square-foot basis, not on unit count — a median of $1,708.48 per foot tells you finish level and view line matter more here than bedroom count. With only 16 closings in this window, the median price of $3,325,000 is a real number but a thin one; a single high-floor or low-floor sale can swing it meaningfully.
The year-over-year move, down 41.2%, reads more like a shift in what's been closing than a broad repricing of the building — likely a mix shift toward smaller or lower units after an earlier stretch of larger closings. Combined with a median of 116 days on market, this is a market where sellers need to price to the specific unit, not to last year's headline number, and buyers have room to negotiate on time rather than assuming a discount is built into the median.
FIVE PARK right now
🔴 Off the recent peak. The trailing-12-month median ($3.33M) is down 41.2% from the prior 12 months ($5.65M). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level miami closed sales, 12-month windows ending July 20. Confidence: Medium (16 and 12 sales in the two windows).
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Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
FIVE PARK market snapshot (as of July 20, 2026): the median sale price is about $3.33M ($1708 per sq ft over the trailing 12 months of closed sales), and a median 116 days on market for closed sales. The trailing-12-month median is down 41% from the prior 12 months, computed from record-level miami closed sales (16 closings in the current window).
FIVE PARK is a Miami-Dade condominium market where price is driven almost entirely by per-square-foot value and unit specifics rather than a tight, comparable price band — the wide year-over-year swing and limited closing volume both point to a building where each sale needs to be underwritten on its own terms.
The setting & the homes.
Aerial and on-site photos of FIVE PARK. Swipe to explore the community.
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FIVE PARKPhotos from miami listings in FIVE PARK; content deemed reliable but not guaranteed.
Who FIVE PARK is best for.
Best for
- A buyer comfortable underwriting value on a per-square-foot basis rather than a fixed price range.
- A buyer with flexibility on timeline, given a median market time of 116 days.
- A seller willing to price against specific recent comparables rather than the trailing year-over-year figure.
Probably not for
- A buyer who wants a documented amenity package confirmed upfront — none is identified in current listing data.
- A seller who needs certainty from a large, stable comparable pool — the closing count here is limited.
- A buyer expecting the 41.2% year-over-year decline to translate directly into a discount on any specific unit.
Homes For Sale Right Now in FIVE PARK
Live MLS inventory for FIVE PARK. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending FIVE PARK listings as of 2026-08-17, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2024 through 2026. Tap any home to ask about it.
The FIVE PARK buying strategy.
If we were buying in FIVE PARK today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in FIVE PARK.
Reading a thin, high-dollar market
A median days-on-market of 116 is long relative to a typical resale cycle, and paired with a 41.2% year-over-year decline in median price, it signals a market absorbing inventory slowly rather than one in freefall on comparable units. In a building with only 16 closings in the tracked window, that combination is consistent with sellers testing price and buyers taking their time, not with a collapse in per-foot value across the board.
No community amenities are identified from current MLS listings, which means the value proposition here is being carried by the unit and the per-square-foot economics — $1,708.48 per foot — rather than by a documented amenity package. Buyers should verify amenity and building details directly rather than assume anything not confirmed in the listing data.
The location and the amenities are priced into every listing in FIVE PARK. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With only 16 closings feeding the current numbers and a 116-day median market time, pricing FIVE PARK correctly means pulling the specific comparable sales for a given line and floor, not leaning on a building-wide median that can move sharply on a handful of transactions — that's the kind of granular read we bring to every offer and listing conversation here.
FIVE PARK in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a FIVE PARK buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed FIVE PARK sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in FIVE PARK, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your FIVE PARK home worth?
Get a no-obligation home value based on real comparable sales in FIVE PARK, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in FIVE PARK on the map →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
12% of homes for sale in ZIP 33139 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).
Frequently Asked Questions
What is the median home price in FIVE PARK?
How long do homes in FIVE PARK take to sell?
Do cash buyers compete in FIVE PARK?
Who is the best real estate agent for FIVE PARK?
How do I find a top Miami Beach real estate agent who knows FIVE PARK?
Can Momentum Realty connect me with an agent for FIVE PARK?
Should you buy in FIVE PARK?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | miami closed sales, 12-month windows ending July 20, 2026 |
| Under-contract shares | miami records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2024 (28 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of miami records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the miami member average and 8 days faster, and we’ll price yours against live your area comps.
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See how FIVE PARK fits the bigger picture — live prices, inventory, and Momentum Scores: