South Florida Condo Fee Index · development report · as of September 7, 2026 · Miami Beach, Miami-Dade County

Five Park, Miami Beach: condo fees, what sold, and what is for sale today

As of September 7, 2026, the typical Five Park condo listed for sale carries an association fee of $3,928 a month, 245% above the Miami Beach condo median of $1,137. 9 units are for sale, 1 more are under contract, and 4 of them have cut their asking price. Over the twelve months September 2025 to August 2026, 21 Five Park condos closed at a median $4,050,000, a median 10% under their original asking price.

The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.

Median condo fee / month$3,928Miami Beach condos $1,137; 9 listings state a fee
Condos sold: median price, 12 months$4.05M21 closings September–August 2026; $1,781 per sq ft
Median condo asking price$4M9 for sale; $2,257 per sq ft
Have cut their price4 of 9of the units for sale today
Months of supply5.19 for sale ÷ 1.8 sales a month
Built2025median year built across listings

For buyers and sellers: Sellers here are asking a median $3,999,999 while the last twelve months of sales closed at a median $4,050,000, 90.3% of the original asking price. That gap, plus 9 competing units and 5.1 months of supply at the current sales pace, is the pricing reality a Five Park seller starts from; a buyer should budget $3,928/mo in fees on the typical unit and ask what a quote well under $3,928 leaves out.

The story for media: "21 condominiums in Five Park, Miami Beach, sold between September 2025 and August 2026 at a median price of $4,050,000, or 90.3% of their original asking price, while 9 remain for sale with a median association fee of $3,928 a month, according to PBP Real Estate's daily analysis of BeachesMLS data as of September 7, 2026."

What condos actually sold in Five Park, month by month

21 condo closings from September 2025 to August 2026, median $4,050,000; bars count sales, dots mark the monthly median where three or more closed
30Sep: 2 closedSep2Oct: 0 closedOctNov: 0 closedNovDec: 3 closed, median $3,500,000Dec3Jan: 3 closed, median $4,050,000Jan3Feb: 2 closedFeb2Mar: 3 closed, median $10,950,000Mar3Apr: 1 closedApr1May: 0 closedMayJun: 2 closedJun2Jul: 3 closed, median $3,150,000Jul3Aug: 2 closedAug2Dec median $3,500,000Jan median $4,050,000Mar median $10,950,000Jul median $3,150,000Monthly median sold price $3.15M to $11MSeptember 2026: 1 reported so far, not charted (closings post with a lag)

Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Sep 7, 2026; closed sales September 2025 to August 2026. Deemed reliable but not guaranteed.

90.3%of original asking price, median condo sale93.8% of the final asking price
$1,781condo sold price per square footasking today $2,257
115days to sell, mediancumulative days on market of closed sales
81%cash salesas recorded in the MLS buyer-financing field
91.7%Miami Beach condos, sold to original asking1,514 city closings, same window

Range $1,150,000 to $18,500,000. Sold figures cover listings permitted for internet display and closed between September 1, 2025 and August 31, 2026; they are counts and medians, never an opinion of any unit's value.

Where the Five Park fee sits among Miami Beach condos

Five Park median $3,928/mo against the Miami Beach middle half ($752 to $1,835) and median ($1,137); 90.7% of Miami Beach condo listings ask less.
Miami Beach median $1,137Five Park $3,928$451$4,517+

Shaded band = 25th to 75th percentile of Miami Beach condo fees for sale today. Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Sep 7, 2026; closed sales September 2025 to August 2026. Deemed reliable but not guaranteed.

What the Five Park fee includes, as entered by listing brokers

  • Trash 62.5%
  • Water 62.5%
  • Common areas 62.5%
  • Security 50%
  • Pool 37.5%
  • Building insurance 37.5%
  • Grounds 37.5%
  • Sewer 37.5%
  • Internet 37.5%
  • Recreation facilities 25%

Share of the 8 Five Park listings that state what the fee covers. Utilities, insurance and reserves change what a fee is worth; compare coverage before dollars.

What condos are for sale in Five Park today

9 condos by size, with the median asking price of each group
1 bed2 for sale2 bed2 for sale3 bed4 for sale · median $5.72M4 bed1 for sale

Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Sep 7, 2026; closed sales September 2025 to August 2026. Deemed reliable but not guaranteed.

10%of condos are under contract1 of 10 listings
4condos with a price cutof 9 for sale
59median days on marketcumulative, relistings included
$1.57M–$11Mcondo asking price rangemedian $3,999,999

See every Five Park listing with photos, fees and days on market, or get an email when a new Five Park unit lists.

0mention a special assessment0 of 9 listings
0state an age restriction (55+)0 of 9 listings; confirm with the association
0mention a required membership0 of 9 listings
0mention a land or recreation lease0 of 9 listings

Counts of the condominium listings for sale whose agent-written public remarks mention each item; not verified and not a statement about the association. Ask for the budget, reserve study and any assessment resolution before writing an offer.

For sellers

Pricing a home correctly is a skill. It starts with data most agents and consumers never see.

34.6% of the condos for sale in Miami Beach have already had to cut, a median $34,000.

This page is built from every Miami Beach listing in BeachesMLS and refreshed each morning. Gia Freer, Broker of Record, turns that same data into one written pricing opinion for your condo: the sales, cuts, fees and days on market it actually competes with, with the reasoning, before it goes live.

No website estimate, no automated number: a comparative market analysis done by hand, within one business day.

34.6%Have already cutmedian cut $34,000 (6%)
65.4%Still at their first priceevery seller starts here; the first price decides who stays
1,596 condos for sale in Miami Beach, BeachesMLS, September 7, 2026. Information is deemed reliable but not guaranteed.

Reviewed by Gia Freer, Broker of Record (Lic. BK689801). Reply within one business day. No automated estimate is published on this site.

Buying in Five Park? Email me when a new Five Park unit lists, or browse every unit for sale.

Five Park questions, answered from the data

What is the condo fee in Five Park, Miami Beach?

As of September 7, 2026, the median monthly-equivalent association fee across the 9 Five Park condominiums for sale that state a fee is $3,928. That is 245% above the Miami Beach condo median of $1,137. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.

What did condos in Five Park sell for?

21 Five Park condominiums closed between September 1, 2025 and August 31, 2026 at a median $4,050,000 ($1,781 per square foot), ranging from $1,150,000 to $18,500,000. The median sale closed at 90.3% of the original asking price and 93.8% of the final asking price, after a median 115 cumulative days on market. 81% of those sales were cash. Closings are reported to the MLS with a lag, so the window ends with the last full month; 1 September 2026 closing has been reported so far and is not in the medians.

How many Five Park condos are for sale, and are prices being cut?

9 Five Park condominiums are listed for sale as of September 7, 2026, asking from $1,575,000 to $10,875,000 with a median of $3,999,999; 1 more is under contract. 4 of the active condo listings have reduced the price at least once. The median active condo listing has been on the market 59 cumulative days, relistings included. At the last twelve months' sales pace that inventory is 5.1 months of supply.

Does Five Park have special assessments, age restrictions or membership requirements?

We report what listing agents wrote, not what the association has decided. Among the 9 Five Park listings for sale, 0 mention a special assessment in the public remarks; 0 state an age restriction such as 55+; 0 mention a required club or equity membership; 0 mention a land or recreation lease. Confirm every one of these with the association documents before writing an offer.

How is this Five Park report built and how often is it updated?

Every morning from PBP Real Estate's own BeachesMLS data feed: active and under-contract condominium listings in Miami Beach whose subdivision field names Five Park, plus every closing in the twelve months ending August 31, 2026. Fees are converted to a monthly equivalent and both association layers are summed. Medians need five or more records, percentages ten or more; smaller groups are shown as counts. This is a market read of MLS listing data, not an opinion of value about any unit or a statement about the association's finances. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.

More live Miami Beach data

As of September 7, 2026. PBP Real Estate analysis of BeachesMLS listings.

Method: listings whose MLS subdivision field maps to Five Park after normalization (tower, section and phase records merged; master community plus its enclaves), condominiums by tax legal description (a townhouse, villa or house whose legal records a condominium is included), Miami Beach, permitted for internet display in PBP Real Estate's BeachesMLS data feed. Active and under-contract figures are from the daily snapshot as of September 7, 2026; closed sales are from a rolling archive and cover September 1, 2025 to August 31, 2026, the last full month, because closings are reported to the MLS with a lag. Fees are as entered by each listing office, converted to a monthly equivalent, with master and sub-association layers summed. Medians require five or more records and percentages ten or more; smaller groups are shown as counts. Remark-based flags are keyword classifications of agent-written text and are not verified. Nothing here is an opinion of value about any property or a statement about any association's finances. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.