Midtown Five - Magellan Development Group

125 NE 32nd St , Miami

Apartments

Midtown Five

Midtown Five, located in the heart of Midtown Miami, is a 24 story mixed-use tower with 400 apartments, 22,271 SF of retail space, 2,728 SF of office and a 450-space parking garage.

The building offers top-of-the-line indoor and outdoor amenities including a lobby lounge, work spaces, game room, kids play space, fitness center, dog run, outdoor pool, steam room, sauna and massage room.

Key Stats

  • Site Size: 68,787 sf/ 6,391 m2
  • Number of Stories: 24
  • Building Size (occupied): 652,996 sf/ 60,665 m2
  • Residential Rental Units: 400
  • Parking Spaces: 450
  • Retail Space: 24,999 sf/ 2,322 m2
  • Development Team: Magellan Development Group/ JPMorgan
  • Architecture: Loewenberg Architects
  • Total Development Costs: $131,200,000
  • Construction Start: 2014
  • Initial Occupancy: 2016