From stunning beaches and dynamic atmosphere to vibrant culture and Micheline-star restaurants, Miami is not just a top tourist destination, but it’s also the most desirable place to live in. To compensate for its growing popularity, the Miami real estate market has been continuously offering diverse options for anyone who wishes to visit, work, play, and even settle there.
Here, we explore the unique charms of a new Miami beach condominium project, specifically 72 Park Residences, which is one of the few to offer short-term rentals with resort-style experiences.
A Blend of Sophistication and Relaxed Living
Originally conceived as an apartment complex, 72 Park soon shifted its design to respond to the scarcity of Miami Beach condos permitting short-term rentals. And so, the project was reconfigured into a condominium though it’s much more than that. It’s an embodiment of luxury living and ultra-modern architecture.
72 Park Miami Beach stands as a 22-story structure comprising 206 contemporary residences. The project, previously named 72nd and Park, is developed by New York City-based Lefferts and designed by Arquitectonica in collaboration with Built Form LLC. The mastermind behind this vision is Russell Galbut.
In addition to defining the city’s skyline, what makes this building so appealing is that it focuses on bringing modernity, luxury, and comfort to Miami’s relaxed northern area. The concept is to provide residents with everything they need to invent their own lifestyle. This, complemented by the breathtaking view of the Atlantic Ocean, Intracoastal Waterways, and downtown Miami, makes 72 Park a true masterpiece. And one to easily rival even the best places on the East Coast of Florida.
Modern Boutique Tower
72 Park offers a magnificent, 64,000+ square feet amenity that blends Miami’s relaxed lifestyle and urban vibes. From Michelin-star restaurant and lounging, towel, and drink service to waking up each morning to a panoramic view of the ocean, 72 Park redefines luxury living with a seamless fusion of modern design and extravagant amenities
The ground floor boasts a 150-foot lap pool, surrounded by an expansive deck with open bars and chic cabanas for sun-soaked relaxation.
Residents can indulge in culinary delights at the ground-floor restaurant, helmed by Michelin-star chef Carlo Mirarchi.
For an elevated dining experience, the 5th floor offers a restaurant, bar, and lounge with indoor/outdoor seating, complemented by lush landscaping that adds a touch of nature to the urban oasis.
For those who wish to work in style, there’s the 24/7 co-working lounge that features private pods. For uninterrupted business experience, the building is supported by high-speed fiber-optic wireless internet access throughout.
Families will love the kids' playroom, and intimate gatherings are a breeze at the private outdoor grill area. The rooftop sun deck features a large TV for movies and sporting events.
Upon entering the grand, double-height lobby with floor-to-ceiling windows, residents are greeted by a 24-hour reception desk, and 24-hour building security, which ensures peace of mind. The multi-lingual concierge team is always on hand to fulfill every desire, making 72 Park Residences the pinnacle of Miami Beach luxury living.
Finally, it offers access to nearby Miami Beach Tennis Center and Normandy Shores Golf Club. Another perk is the proximity to beach volleyball courts and facilities that offer jet skis and kayaks for rent.
Comfortable and Stylish Living Spaces
The units will include studios, and one, two and three-bedroom condos, ranging from 466 square feet to 1,177 square feet. That means they’ll be suitable as a primary and secondary home or, a rental property for interested investors.
The units will also come furnished and will be zoned for short-term rentals.
In accordance with the developers’ concept to create a new beach lifestyle, 72 Park goes beyond residential development to create living spaces that make a bold statement about the art of luxurious living. The commitment is to provide functional units that marry aesthetic appeal with the utmost comfort and elegance.
Every inch of the condos is meticulously designed to offer an unparalleled living experience. With condo-grade interior finishes that showcase the highest quality materials and craftsmanship, the space is not only visually stunning but also resonates with functionality. From the moment you step through the door, you'll be enveloped in an atmosphere of sophistication and style.
Understanding that technology is a vital part of modern life, the designers have seamlessly integrated it into each unit, allowing for both convenience and a sleek, uncluttered look. The commitment is to create a harmonious living environment to deliver a blended experience of form and function.
The estimated completion of 72 Park is in the summer of 2024. Size-wise, a range of options are available, including condos featuring one to three bedrooms, spanning from 466 to 1,177 sq. ft.
Prices start in the $749,000 — $900,000 range for one-bedroom junior and top out at $2.2 million for three-bedroom condominiums (bear in mind they’re subject to changes).
Adding to this, a 72 Park Miami condo presents an outstanding investment opportunity, as it stands out as one of the few Miami Beach condominiums that permit short-term rentals. Also, prospective condo buyers can participate in the on-site management program or independently rent out their condos using various platforms such as Airbnb, VRBO, or Booking.com.
All in all, 72 Park is more than just a place to live in — it's a testament to the pursuit of an elevated lifestyle. The units are crafted in a way that redefines what it means to be at home, where every detail, from the finishes to the technology, is a testament to simple sophistication.
Unrivaled Location
North Miami has experienced a remarkable surge in residential units, witnessing a staggering 400% increase between 2019 and 2022, and there are further developments in progress. The area has also welcomed seven new schools and witnessed a significant uptick in local commerce, with almost 20% of nearly 2,300 businesses having opened since the beginning of 2022.
According to reports, this boom is attributed to a combination of factors, including the proactive response to the growing population's needs, forward-thinking urban planning, and the provision of tailored and easily accessible lifestyle opportunities for both existing and new residents. For this reason, 72 Park Miami Beach condos are not only beautiful home — they’re a great investment as well.
