Five Park Miami Beach organizes its 232 residences into two clearly defined tiers, each occupying a separate vertical zone of the 48-story tower.

Park Residences occupy floors 8 through 25 and offer one- to three-bedroom layouts ranging from approximately 878 to 2,300 square feet. These units represent the building’s more accessible entry point, with current resale pricing starting around $1.649 million. Canopy Residences occupy floors 27 through 48 — the upper half of the tower — in two- to five-bedroom configurations ranging from 1,434 to 6,000 square feet. This tier targets a different buyer profile entirely, with pricing extending to $16 million for combined floor units.

Both tiers are fully finished, with Gabellini Sheppard-designed kitchens featuring Gaggenau appliances, custom Italian cabinetry, 10-foot ceilings, and private elevator access. The separation between tiers is not merely a floor number — Canopy Residences have a dedicated elevator entrance and direct access to the Canopy Club on level 26.

As of March 2026, the building’s average sale price over the prior six months sits at approximately $2,103 per square foot. For buyers evaluating luxury condos in South Beach’s South of Fifth neighborhood, the two-tier structure at Five Park allows entry at different capital levels while maintaining a consistent finish standard throughout the building.