MIAMI, FL - Lefferts, a visionary real estate firm creating residential and commercial properties in Miami and New York City that reshape urban landscapes, redefine skylines and redraw the boundaries of innovation, quality and inclusive living, reached a monumental milestone with the completion of 72 Park — a luxury condominium tower at 580 72nd Street in Miami Beach, now 90% sold. With sales and marketing spearheaded exclusively by market brokerage leader Cervera Real Estate, the remaining units range from 470 to 1,177 square feet, with prices starting in the $800,000s. An on-site gallery is now open, offering an immersive experience of 72 Park and the opportunity to explore the last remaining units in person.
The property recently received its Temporary Certificate of Occupancy (TCO) this week, becoming the first new luxury tower on Miami Beach to permit vacation (short-term) rentals and the first of Lefferts’ four developments in the North Beach area to be completed. The national real estate developer is spearheading a new era of investment and growth in one of South Florida’s most desirable oceanside communities.
“We are incredibly proud to announce the completion of 72 Park Miami Beach, which is the first building in the area to offer short-term rental options,” said Mendy Chudaitov, founder of Lefferts. “72 Park represents a bold step forward in how we envision modern living, blending luxury and flexibility to meet the needs of today’s homeowners and travelers alike.”
72 Park is the first of four residential developments Lefferts is spearheading as part of its long-term commitment to revitalizing this North Beach neighborhood and ushering in a new era of investment and growth to one of South Florida’s most sought-after oceanside communities. Lefferts’ second planned development, PALMA Miami Beach Residences, a 14-story building with 126 fully furnished turnkey residences, is poised to break ground later this year and has sold more than 30% of its units already. Future Lefferts projects also include 72 Carlyle, a 134-unit, 19-story luxury condominium with units starting at $1.8 million, and 880 71st Street, a boutique four-story, 36-unit residential and mixed-use condominium.
Buyers, investors and visitors are drawn to North Beach for its proximity to the beach and laid-back coastal community lifestyle. Just steps away from 72 Park, residents can enjoy unmatched access to premier local recreational facilities, including: the Miami Beach Tennis Academy; North Shore Park, the largest park in Miami Beach; and the forthcoming 72nd Street Community Complex, which will house an aquatic center; a library, innovation hub, expanded green spaces and pickleball deck. Meanwhile, plans to revitalize the historic Byron Carlyle Theater are underway, further cementing North Beach’s status as Miami Beach’s most desirable neighborhood.
As part of the exciting offerings at 72 Park, residents and visitors will soon be able to enjoy the iconic New York Pizzeria Roberta’s, the first Florida location of the Michelin Bib Gourman restaurant. Known for its artisanal pizzas and seasonal dishes, Roberta’s is poised to bring a slice of New York’s renowned culinary scene to Miami Beach. Additional food and beverage concepts opening on the ground floor of 72 Park include a Mediterranean restaurant and a coffee shop.
Lefferts, known for its impressive portfolio of luxury apartment buildings, mixed-use developments and upscale retail spaces, has been dedicated to creating vibrant properties that enhance communities and foster economic growth for over 20 years. The company has completed over 3 million square feet in projects between New York and Florida.
For more information, visit 72Park.com and follow @72parkmiamibeach on Instagram.
About 72 Park: 72 Park is a striking 22-story luxury condominium redefining Miami Beach living. Designed by national architecture firm Built Form, the newly completed tower is at the heart of a vibrant, pedestrian-friendly neighborhood experiencing a dynamic resurgence, driven in large part by Lefferts’ strategic investments. Residents of 72 Park enjoy an unparalleled lifestyle enriched by resort-style amenities, cutting-edge design and seamless access to the best of Miami Beach. The property boasts 64,000 square feet of luxury public spaces, including a 35,000-square-foot amenities deck, a 150-foot-long resort pool, a state-of-the-art fitness center and a 24/7 coworking lounge with private pods. Nearly an acre of lush landscaping enhances the serene, resort-like atmosphere, while 72 Park also stands as the only condo in Miami Beach to offer a 360-degree rooftop exclusive to owners. This private sanctuary boasts a sundeck with sweeping panoramic views, intimate dining areas and private seating for al fresco movie nights or gameday gatherings. Designed by Urban Robots Associates, all residences come fully furnished with floor-to-ceiling, impact-resistant glass and premium finishes. The double-height lobby, wrapped in floor-to-ceiling windows, anchors approximately 10,000 square feet of prime ground-floor retail. Smart living is seamlessly integrated with high-speed fiber-optic Wi-Fi, keyless entry via Salto, energy-efficient climate control, and five high-speed elevators with access control. With its unmatched blend of luxury, convenience, and cutting-edge design, 72 Park sets a new standard for modern coastal living in Miami Beach.
About Lefferts: Founded in New York City, Lefferts is a privately owned real estate development company specializing in creating high-quality residential and commercial properties with a focus on innovative design, superior quality and inclusive living. Its impressive portfolio includes luxury apartment buildings, mixed-use developments and high-end retail spaces. Over two decades, Lefferts has co-developed more than 3 million square feet of mixed-use space, investing over $1.5 billion. Through visionary collaborations with renowned architects and designers, Lefferts has transformed urban landscapes and neighborhoods, creating distinctive, dynamic communities and iconic landmarks that have become sources of local pride. Since expanding to South Florida in 2019, the company has made significant investments in Miami Beach. It is revitalizing the North Beach community, south of Surfside, by developing four luxury residential and retail real estate projects. For more information, visit lefferts.com and @leffertsinvestments on Instagram.