Miami Beach's 72 Park, by Lefferts, Now Complete

Key Points:

• 22-story tower at 580 72nd Street offers 206 units ranging from 470 to 1,177 sq. ft.

• 90% sold, with remaining units priced from the $800,000s

• Approved for short-term rentals, a rarity in Miami Beach condos

72 Park, a new luxury condominium in Miami Beach's North Beach neighborhood, has officially opened its doors. Developed by Lefferts, this 22-story tower combines upscale living with the flexibility of short-term rentals—a unique offering in the area. With 90% of its 206 units already sold, 72 Park is poised to become a landmark in Miami Beach's evolving skyline.

Project Overview

• Location: 580 72nd Street, Miami Beach, FL

• Developer: Lefferts

• Architect: Built Form

• Interior Design: Urban Robot Associates

• Units: 206 residences, including Jr-1, 1-, 2-, and 3-bedroom layouts

• Size Range: 470 to 1,177 sq. ft.

• Pricing: Starting in the $800,000s

• Sales Status: 90% sold

Amenities & Features

• Short-Term Rental Approval: One of the few Miami Beach condos permitting short-term rentals, offering flexibility for investors and residents alike.

• Resort-Style Pool: A 150-foot pool with cabanas and towel service.

• Rooftop Lounge: 360-degree views of the ocean, Intracoastal, and Miami skyline.

• Dining: On-site restaurants, including the first Florida location of Brooklyn's Michelin-rated Roberta's.

• Wellness & Recreation: Fitness center, yoga lounge, pet spa, and children's playroom.

• Co-Working Spaces: 24/7 access to shared work areas.

• Sustainability: LEED Gold certified, featuring energy-efficient appliances and smart building technology.

Market Impact

The completion of 72 Park marks the first new condominium development in North Beach in five years, signaling a resurgence in the area's real estate market. The project's success reflects a growing demand for flexible, luxury living options in Miami Beach. Lefferts' commitment to the neighborhood is further evidenced by their upcoming projects, including the PALMA Miami Beach Residences and 72 Carlyle.

72 Park sets a new standard for luxury living in Miami Beach, blending high-end amenities with the versatility of short-term rentals. As North Beach continues to attract investment and development, properties like 72 Park are at the forefront of the neighborhood's transformation.