72 Park Miami Beach Location & Neighborhood
580 72nd Street, Miami Beach, FL 33141
The Neighborhood
What's within reach.
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Atlantic Ocean (steps away) Walking distance0.1 mi
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Miami Beach Tennis Center Complimentary access0.5 mi
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Normandy Shores Golf Club Complimentary access1.5 mi
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Bal Harbour Shops Short drive2.0 mi
Life at 72 Park Miami Beach
North Beach is rapidly transforming into Miami Beach's most rapidly emerging luxury corridor — and 72 Park is the project that legitimized short-term rental flexibility for new Miami Beach high-rises. The building's combination of Michelin culinary, premium European appliances, and STR approval creates a uniquely positioned investor opportunity.
FIRST Miami Beach High-Rise STR Approval
72 Park is the FIRST new Miami Beach high-rise condominium approved for short-term rentals. This rare flexibility — combined with fully furnished delivery — makes 72 Park an immediately income-generating asset.
Ezio's by Michelin Chef Carlo Mirarchi
Ground-floor gourmet restaurant Ezio's — founded by Michelin-star chef Carlo Mirarchi — opened December 2024. Resident-priority access. Plus 5th-floor restaurant, bar, and lounge with sweeping ocean views (indoor and outdoor seating).
64,000+ sq ft of Amenities
Over 64,000 sq ft of breathtaking amenity space — among Miami Beach's most expansive new-construction amenity programs. 150-foot resort pool with cabanas, towel service, drink service.
Lifestyle Concierge + Golf Cart Shuttle
Lifestyle Concierge with curated outdoor experiences. Private golf cart shuttle for quick trips to the nearby beach. Complimentary kids' beach toys, boogie boards, paddle boards, bikes.
Member Privileges + Owner Rooftop
Complimentary access to Miami Beach Tennis Center and Normandy Shores Golf Club. Private owners rooftop with sun deck, panoramic views, dining areas, grills, TV lounge for al fresco entertainment.
72 Park Miami Beach Investment & Market Outlook
Why Miami Beach Pre-Construction Outperforms
South Florida pre-construction has historically delivered double-digit appreciation between contract and delivery, especially in branded residences. Miami Beach specifically has seen sustained demand from international buyers seeking US dollar-denominated real estate, tax advantages from Florida's no-income-tax structure, and currency hedging against home-market inflation.
Branded residences like 72 Park Miami Beach typically command 25–35% price premiums over comparable non-branded inventory in the same submarket, and resale price retention has consistently outpaced the broader Miami condo index over the past decade.
Friends & Family Pricing
As pre-construction specialists with direct developer relationships, we offer qualified buyers access to friends-and-family pricing — typically 4–8% below current public release pricing — along with extended deposit schedules, custom unit selection, and priority on the most desirable exposures and floors.
Deposit Structure
Standard Miami Beach pre-construction deposit structures range from 20% at contract to 50% by delivery, with milestone payments at groundbreaking, top-off, and certificate of occupancy. 72 Park Miami Beach follows the Miami Beach market standard. Our team can walk you through the full deposit schedule and any current developer incentives reducing the at-contract deposit requirement.
How to Reserve a Residence at 72 Park Miami Beach
Pre-construction purchases follow a different path than resale transactions. Here's what to expect, step by step.
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01
Initial Consultation
We start with a 30-minute call to understand your goals — primary residence, investment, legacy asset — and walk you through current availability, pricing tiers, and the floor plans best suited to your needs.
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02
Floor Plan Selection & Reservation
Once you've narrowed your selection, a refundable reservation deposit (typically $25,000–$100,000) holds your residence for 14–30 days while contracts are prepared. You'll receive the full developer reservation package and the most current pricing for your specific unit.
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03
Contract & First Deposit
The purchase contract is executed with the developer, and the first deposit (typically 10–20% of the purchase price) is wired to the developer's escrow account at a Florida-licensed institution. All funds are protected under Florida pre-construction escrow law until milestones are reached.
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04
Construction Milestones
Subsequent deposits are released as construction reaches defined milestones — typically groundbreaking, top-off, and certificate of occupancy. You'll receive quarterly construction updates, photo documentation, and the option to tour the unit once interiors are roughed in.
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05
Closing & Delivery
At closing, the final balance is funded (cash or financing via approved lenders), title transfers, and you receive keys. Closing typically occurs 30–60 days after the developer issues the certificate of occupancy. Move-in coordination, designer access, and Mercedes-Benz/Bentley/Armani concierge enrollment all happen at this stage.
72 Park Miami Beach FAQs
Answers to the most common questions about 72 Park Miami Beach pricing, amenities, and policies. For anything else, our team is here to help.
How much do 72 Park Miami Beach residences cost?
72 Park pricing starts at $700,000 for junior one-bedrooms (470 sq ft). One-bedrooms from $900K, two-bedrooms from $1.2M, three-bedrooms (1,177 sq ft) from $1.8M. Top-tier residences up to $2.5M.
Are short-term rentals allowed?
Yes — 72 Park is the FIRST new Miami Beach high-rise condominium approved for short-term rentals. Combined with fully furnished delivery, units are immediately income-generating. This is one of the few new Miami Beach condominiums offering this flexibility.
Who developed 72 Park?
72 Park Miami Beach is developed by Lefferts (Galbut Family Office company) — also developing 72 Carlyle Miami Beach (Q4 2028) and Palma Residences Miami Beach (Q4 2027). Strong North Beach development pipeline.
Who designed 72 Park?
Architecture by Built Form. Interior design by Urban Robot Associates (also designed 29 Indian Creek).
When did 72 Park complete?
72 Park Miami Beach completed in early 2025 with residents moving in March 2025. Ezio's ground-floor restaurant by Michelin-star chef Carlo Mirarchi opened in December 2024.
How many residences does 72 Park have?
270 fully furnished residences across 22 stories. Layouts span junior one-bedrooms to spacious three-bedroom (sizes 470 to 1,177 sq ft).
What's included in each residence?
Fully furnished delivery, 6.5-ft-deep private balconies, floor-to-ceiling sliding glass doors, keyless SALTO entry, high-speed fiber-optic internet, Bosch/SMEG/Fisher & Paykel European-style kitchens with refrigerator/oven/induction cooktop/speed oven/dishwasher, imported quartz countertops, premium European cabinetry, Hansgrohe bathroom fixtures, custom-finished floors/walls in wet areas.
What are the amenities?
64,000+ sq ft of amenities including 150-foot resort-style pool with cabanas, open-air bar, restaurant by Michelin-star chef Carlo Mirarchi (Ezio's), 5th-floor restaurant/bar/lounge with ocean views, lifestyle concierge, private golf cart shuttle to beach, complimentary beach toys/boards/bikes, complimentary access to Miami Beach Tennis Center and Normandy Shores Golf Club, private owners rooftop with sun deck/dining/grills/TV lounge, ground-level pet spa, 24/7 co-working lounge, kids' playroom, world-class gym.
