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About this home
Wake up to breathtaking ocean views from Residence 1906 at Five Park, Miami Beach’s newest luxury residential tower. This turnkey 1-bedroom, 1.5-bath residence offers 1,010 SF of refined living space featuring 10-foot ceilings, floor-to-ceiling windows, porcelain wood-look flooring, electric blinds, and custom built-in closets. The chef’s kitchen is appointed with Gaggenau appliances, Italian oak cabinetry, and quartzite countertops, while the marble-clad primary bath provides a spa-like retreat. Enjoy unobstructed Atlantic Ocean views from the expansive private terrace. Residents of Five Park enjoy over 50,000 SF of world-class amenities, including two resort-style pools, spa, fitness center, restaurant with in-residence dining, private beach club, coworking lounge, screening room, and more. Ideally located just minutes from the marina, South of Fifth, and Miami Beach’s premier dining, shopping, and entertainment. Includes one assigned parking space plus valet. Currently leased through February 2027.
Features
- First Floor Entry
- Split Bedroom
- Ocean View
- Water View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $7,529
- HOA
- $2,359 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.