5 Park Units for Sale

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The recently opened 5 Park is the latest addition to the local neighborhood.  While it seems that new owners are moving in every day, there are also quite a number of owners who are putting their units on the market for sale.  Today there are 29 such units available ranging in price from just over $1 million for a 1 bedroom, 2 bath unit with 878 SF of living area to  $20 million for a lower penthouse unit with 4 bedrooms, 7 baths and 5,888 sf of living area.

My personal favorite is unit 3701, a 4 bedroom, 5 bath unit with 3,186 SF of living area.

Take a peek at all of them with the link below.

https://portal.onehome.com/en-US/share/2428290g79242

Murano Grande Luxury

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One of a kind unit on the lanai level, providing unmatched

family and entertaining space both indoors and out. Created by

combining two smaller units into a large 3/3/1 with the Primary

Bedroom/Bath and Formal Living & Dining Area at one end,

separated by a large open kitchen with informal dining, and

ample space for entertaining & art display plus two separated,

en-suite Bedrooms and Family area on the other. Walk out of

the oversized Terrace to the private Restaurant, Tennis Court,

and Pool deck. It feels like living in a large house with the

benefit of luxury amenities.  $4,150,000.

Mondrian Penthouse Reduced

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The Mondrian Hotel has a perfect location on the Bay at 1100 West Avenue. This 1 Bedroom Penthouse level unit is the ultimate Investor opportunity as well a great vacation home. The documents allow the unit to be rented on a daily basis, and it can be put into the buildings hotel program or it can be managed as an Air B&B or VRBO directly by the owner an agent.

The unit can sleep 4 people in the Bedroom and Living Room, has a small kitchen area as well as dining space and one of the few balconies in the building. At the new reduced price of $499,000, you’ll want to check it out

Shower

Living Area

Living Area

Kitchen Dining Area

Ocean View

3 Bedroom Luxury Condos

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There are currently over 230 condos on the market in the South of Fifth neighborhood and a surprisingly small number of them are Three Bedroom units with 3.5 Baths.  This scarcity is part of the reason that many of them can sell in the $5-10 million dollar range and for more, sometime much more, than $2,000/SF

Currently best value in terms of Price per SF is the Murano Grande 508-509 combined unit with over 2,600 SF of Living Area, an Offering Price of $4,150,000,  and the lowest price multiple per SF at just $1575/SF. I love this unit and for a family with children, for art collectors, for the ultimate in entertaining…this is the place!

Below is a list of these 13, 3/3/1 units.  They are sprinkled throughout the South of Fifth neighborhood and can be found not just at Murao Grande, but at Apogee, Icon, Portofino Tower, Murano, 321 Ocean, 311 Meridian, 1 Collins, and both Continuum Towers.

New Luxury Condo at Murano Grande

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COMING ON January 9, 2025

One of a kind, upgraded, flow-thru unit on the lanai level, proving unmatched family and entertaining space both indoors and out. Primary Bedroom/Bath and Formal Living & Dining Area at one end, separated by a large open kitchen with informal dining, and ample space for entertaining & art display and two separated, en-suite Bedrooms and Family area on the other. Walk out the oversized, private Terrace to the private restaurant and Pool deck. It feels like living in a large house with the benefit of luxury amenities.