Miami Beach has long been a prime destination for those seeking luxury living and investment opportunities, and 72 Park Miami is the latest project to capture the market's attention. This 22-story residential tower stands out as the first luxury building in Miami Beach approved for short-term rentals, offering a unique blend of modern living, flexibility, and resort-style amenities.
Location and Design
Situated at 580 72nd Street, 72 Park Miami offers residents stunning, unobstructed panoramic views of the Atlantic Ocean, Miami Beach, and the Downtown Miami skyline. The building’s modern design features floor-to-ceiling glass, open layouts, and private balconies that create a seamless indoor-outdoor living experience. Whether you're looking for a one-bedroom retreat or a spacious three-bedroom home, these residences are designed to cater to a variety of needs.
Short-Term Rental Flexibility
One of the most appealing aspects of 72 Park Miami is its flexibility. As the first building in Miami Beach to be approved for short-term rentals, owners can choose to live in their residence full-time, part-time, or rent it out when not in use.
This makes it an ideal investment for those seeking to maximize their property’s potential. While the building offers its own property management program, we highly recommend exploring other options like Whost. With over 10 years of experience and a portfolio of more than 460 properties, Whost stands out as a trusted leader in the industry.
Resort-Style Amenities
72 Park Miami is not just a place to live; it’s a lifestyle. The building offers a comprehensive suite of amenities designed to enhance every aspect of daily life. Residents can enjoy a resort-style pool, private cabanas, a fitness center with Technogym equipment, and a rooftop deck exclusively for residents. For those who work remotely, the 24/7 co-working lounge provides a professional environment equipped with high-speed internet and private work pods.
Families will appreciate the imaginative Kids’ Club, while food enthusiasts can indulge at Roberta’s, a ground-floor restaurant by Michelin-starred chef Carlo Mirarchi. Additionally, the 72 Park Beach Club offers residents exclusive access to beach services, including chair and towel service, with easy transportation via a private golf cart shuttle.
Investment Potential
72 Park’s unique combination of location, design, and short-term rental approval makes it a standout investment opportunity in Miami Beach. Whether you're looking for a permanent residence, a vacation home, or an income-generating property, 72 Park offers the flexibility and luxury that today’s buyers demand.
Key advantages of 72 Park Miami
1. Exclusive Short-Term Rental Approval:
It´s the first and only luxury building in Miami Beach currently approved for short-term rentals. This unique status allows owners the flexibility to maximize their investment by renting out their residences when not in use, providing a steady income stream that’s not available in other properties.
2. Under Construction Advantage:
Unlike other projects that may still be in the planning stages or completed with restrictions, 72 Park Miami is the only project actively under construction in Miami Beach right now. This means buyers have the opportunity to invest in a brand-new development with modern features and amenities that are in line with the latest trends in luxury living and have an advantage in the area of this industry.
3. Resort-Style Living:
The project boasts 64,000 square feet of amenities, including a resort-style pool, private rooftop, state-of-the-art fitness center, and even a Michelin-star restaurant. These amenities not only enhance the lifestyle of residents but also make the properties more attractive to potential short-term renters.
4. Prime Location with Unobstructed Views:
Situated on 72nd Street, the building offers breathtaking, unobstructed views of the Atlantic Ocean, Miami Beach, and Downtown Miami. This prime location ensures that residents and renters alike can enjoy the natural beauty and vibrant city life that Miami Beach has to offer.
72 Park Miami is a unique and promising development in Miami Beach, offering luxury living with the flexibility of short-term rentals. As the only project in Miami Beach approved for such rentals, it presents a prime investment opportunity. With construction set to complete in 2024, 72 Park will feature state-of-the-art amenities, stunning views, and modern design, making it an ideal choice for residents and investors alike