Five Park Condo in Miami Beach

Five Park Condo
Homes for Sale in Miami Beach, FL

Community in Miami Beach · Miami-Dade County · ZIP 33139
Median sale $6.06M
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Photo via MIAMI MLS

Built fromLive MIAMI MLS dataUpdated twice daily
Live · Five Park Condo Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$6.06M
Median sold · 12 mo
$2108/sf
Sold $/sqft · 12 mo
peak $2108 in 2026
86.6%
Sale vs ask
Tempo
153days
Median DOM · closed
153 days at the 2026 low
4
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
75%
Cash buyers · Five Park Condo
3 of 4 sales, 12 mo ending July 2026
Track record · 0 years of records
2,930sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Five Park's numbers are being set by a very small pool of closings, four transactions in the current window, so treat the median figures as directional rather than a tight statistical read. At a median price of $6,062,500 and a median price per square foot of $2,107.59, this is a per-foot market, not a per-listing one; unit size, floor, and view line are doing most of the work in the final number.

A median days-on-market of 153 tells you pricing precision matters more than urgency here. Buyers have room to negotiate on terms and timeline, and sellers who price against recent comparable closings, rather than aspirational per-foot math, are the ones who move product inside that window instead of past it.

The 60-Second Overview

Five Park Condo market snapshot (as of July 20, 2026): the median sale price is about $6.06M ($2108 per sq ft over the trailing 12 months of closed sales), and a median 153 days on market for closed sales.

Five Park Condo trades on a small number of closings each cycle, which puts the emphasis on unit-specific factors like line, floor, and finish level rather than a broad market trend.

Best for

  • Buyers targeting a specific unit or line at Five Park who are comfortable underwriting price on a per-square-foot basis against recent closings
  • Sellers with a well-maintained, higher-finish unit willing to price against tight comparables rather than round-number aspiration
  • Buyers with flexible timelines who can wait through a multi-month marketing period to secure the right unit

Probably not for

  • Buyers who need a large set of active comparables to feel confident in a valuation
  • Sellers expecting a fast close given the market's 153-day median days-on-market
  • Buyers selecting the community primarily for building amenities, since none are currently identified from MLS listings

Homes For Sale Right Now in Five Park Condo

Live MLS inventory for Five Park Condo. 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 Condo listings as of 2026-09-02, 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 2026 through 2026. Tap any home to ask about it.

If we were buying in Five Park Condo today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Condo.

Best Buy
Buyers and sellers working at the higher end of the per-square-foot spectrum who need a precise comparable-based approach rather than a broad market average.
Biggest Risk
With only four closings in the window, the median figures carry a wide margin for any single transaction to skew the read.
Sweet Spot
Listings priced in line with recent per-foot closings tend to move well inside the 153-day median window.
Avoid If
You need fast turnover or are relying on posted amenities, since none are currently confirmed from MLS listings, to justify the price.

A thin market, priced by the square foot

With only four closings in the current window, Five Park's median price and per-square-foot figures reflect a handful of specific transactions rather than a deep, liquid market. That is not unusual for higher-value condo product, but it means comparables have to be read closely, unit against unit, rather than trusted as a broad average.

The median days-on-market of 153 reinforces that this is a patience market. Listings that are priced tightly to recent per-foot comparables move; listings that lean on aspirational pricing sit. No community amenities are currently identified from MLS listings, so buyers evaluating building features should confirm directly rather than assume from the listing data alone.

The location and the amenities are priced into every listing in Five Park Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin on closings, the read is only as good as the comparables behind it. We track Five Park's transaction history unit by unit, so pricing conversations start from what has actually closed, not from a generic per-square-foot average that can mislead in either direction.

Five Park Condo in 15 seconds.

Best forBuyers and sellers working at the higher end of the per-square-foot spectrum who need a precise comparable-based approach rather than a broad market average.
Biggest advantageA limited, closely trackable set of comparables means pricing can be tightly reasoned when done carefully.
Biggest riskWith only four closings in the window, the median figures carry a wide margin for any single transaction to skew the read.
Sweet spotListings priced in line with recent per-foot closings tend to move well inside the 153-day median window.
Avoid ifYou need fast turnover or are relying on posted amenities, since none are currently confirmed from MLS listings, to justify the price.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Five Park Condo sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Five Park Condo?
The median sale price in Five Park Condo was $6.06M over the 12 months ending July 20, 2026 (4 closed sales, MIAMI MLS).
How long do homes in Five Park Condo take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 153 days on market (4 sales, MIAMI MLS).
Do cash buyers compete in Five Park Condo?
Cash buyers took 75% of Five Park Condo sales in the 12 months ending July 2026 (3 of 4 closings, MIAMI MLS).
Who is the best real estate agent for Five Park Condo?
The best agent for Five Park Condo is one who actively works Miami Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Five Park Condo.
How do I find a top Miami Beach real estate agent who knows Five Park Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Five Park Condo and the wider Miami Beach area.
Can Momentum Realty connect me with an agent for Five Park Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Five Park Condo purchase or sale - no call center and no pressure.
Buyers targeting a specific unit or line at Five Park who are comfortable underwriting price on a per-square-foot basis against recent closingsExcellent fit
Sellers with a well-maintained, higher-finish unit willing to price against tight comparables rather than round-number aspirationExcellent fit
Buyers with flexible timelines who can wait through a multi-month marketing period to secure the right unitExcellent fit
Buyers who need a large set of active comparables to feel confident in a valuationProbably not
Sellers expecting a fast close given the market's 153-day median days-on-marketProbably not
Buyers selecting the community primarily for building amenities, since none are currently identified from MLS listingsProbably not

Data sources & freshness

Community market statsMIAMI MLS closed sales, 12-month windows ending July 20, 2026
Under-contract sharesMIAMI MLS records, as of 2026-07-18
Historical depthClosed-sale records back to 2026 (4 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 MLS 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.

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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 MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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More Miami Beach & Miami & Miami-Dade County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Miami & Miami-Dade County or the full Neighborhood Finder.

Thinking of selling in FIVE PARK CONDO? 4 recorded closings; median 153 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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