About 72 Park
Developed by Lefferts · Designed by Built Form
72 Park is a 22-story, 206-residence condominium at 580 72nd Street in North Beach, developed by Lefferts and designed by Built Form, with interiors and landscape by Urban Robot Associates. The tower was completed in early 2025.
Residences are compact — mostly one- and two-bedroom homes from about 470 to 1,177 square feet, with a few three-bedrooms — supported by roughly 64,000 square feet of amenities, including a 35,000-square-foot amenity deck with a 150-foot pool and cabanas, a bar and lounge, a fitness center with yoga lounge, a 24/7 coworking lounge, and kids’ playrooms. The building also has about 10,000 square feet of ground-floor retail.
Building Fees & Assessments
MLS listings for 72 Park have shown a median association fee around $2.07/sqft/month -- shown per square foot, not as a flat dollar figure, since that's comparable across unit sizes rather than skewed by whichever units happen to be listed right now. This is a point-in-time reference, not a live figure, and can change over time. Confirm the current fee for a specific unit before making an offer.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for 72 Park's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Frequently Asked Questions
Is 72 Park pet-friendly?
Yes, 72 Park is generally pet-friendly. Verify current pet rules and any breed or weight restrictions directly with the building association before purchasing.
Can I rent out my unit at 72 Park?
Long-term rentals are generally permitted at 72 Park, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.
Where is 72 Park?
At 580 72nd Street in North Beach -- the stretch of Miami Beach north of Mid-Beach, around the 72nd Street corridor, a short distance from the beach, Normandy Isle, and Surfside.
Can residences be rented short term?
72 Park was marketed as the first new luxury tower on Miami Beach to permit short-term rentals. Rules are set by the building's governing documents and the City of Miami Beach and can change, so confirm the current policy with the association before buying for rental income.
How large are the residences?
Mostly one- and two-bedroom homes of roughly 470 to 1,177 square feet, with a small number of three-bedroom layouts.
Reviewed by Carlos Olivares, FL License #3051724. Last updated October 2026.
