Alessandro Nesta Purchases Three Units At Five Park Miami Beach From David Martin And Russell Galbut

The transaction involved three units at the Five Park Miami Beach, located at 500 Alton Road in the Miami Beach market. This development is noted for being the first new residential tower in South Beach in over a decade and offers luxury amenities, private terraces, and views of the ocean and bay, alongside a three-acre Canopy Park and 50,000 square feet of additional amenities.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: Not specified
• Buyer: Alessandro Nesta
• Seller: David Martin - Terra; Russell Galbut - GFO Investments
• Brokers: Angelica Garcia & Corrado Colini - Douglas Elliman

Alessandro Nesta, who is recognized for his career as an Italian soccer star and coach, made this acquisition from David Martin and Russell Galbut, representing their respective firms, Terra and GFO Investments. The association with Douglas Elliman through Angelica Garcia and Corrado Colini facilitated this transaction.