Palm Tree Residences Miami: Prices, Floor Plans & Available Units

The Downtown Miami Entertainment District sits on the north edge of the urban core, minutes from Miami Worldcenter and MiamiCentral, a part of the city that runs on galleries, music venues, and nightlife. That setting is the point of this project. The draw for buyers is specific: Palm Tree Residences is designed with short-term-rental flexibility and no HOA lease restrictions, so a unit here can legally operate as a nightly or seasonal rental in a high-traffic, year-round market. That single fact, paired with a brand built around live experiences, is what separates this launch from a standard downtown condo.

According to The Real Deal, PMG, Lion Development Group, Eden Residential, and Sterling Equities partnered to launch Palm Tree Residences Miami, the first ever branded residence for Palm Tree Crew, the music festival platform led by the DJ Kygo and his manager, Myles Shear. The 37-story, 483-unit tower is planned for 31 NW 10th Street. Kobi Karp Architecture & Interior Design is the architect, and PMG Residential, led by Ryan Shear, Dan Kaplan, and Kevin Maloney, is running sales and marketing. Every residence is delivered fully furnished and finished, which is what makes a turnkey rental operation realistic from day one.

The unit mix runs from junior suites and junior suites with den to one-bedroom plus den, two-bedroom, and three-bedroom residences, according to the developer. Prices start at $560,000, with published tiers up to $3 million for three-bedrooms; The Real Deal reports an overall launch range of $500,000 to $1.8 million. Each residence includes a private balcony, a custom Italian kitchen by Italkraft, and an integrated Miele appliance package. For an investor, the math is straightforward: a furnished, rental-ready condo for under $600,000 at the entry point in the urban core, with short-term-rental flexibility in a market that draws crowds year-round. For an end user, it is a turnkey downtown base you can offset with rental income when you are not using it.

The amenity program spans over 57,000 square feet across three levels, per the official developer site. The ground floor holds the flagship Palm Tree Club, a dining and nightlife venue with live experiences and a music-driven atmosphere operated by Palm Tree Crew. The rooftop Palm Tree Beach Club features an infinity-edge pool that cascades toward downtown, a hot tub, private member lounges, a garden terrace, and indoor and outdoor bars. Between them sits a wellness and recreation level with an outdoor padel court, a fitness center, functional training turf, a climbing wall, a wellness center with private treatment rooms, cold plunge pools, saunas, and a dedicated yoga studio. Other features include an arrival lobby and reception lounge, a juice bar, a golf simulator, and bike storage. For a building positioned around rental flexibility, that amenity depth is what lets an owner command a nightly rate and stay competitive with hotels in the same market.

Palm Tree Residences is a pre-construction launch, which means the developer releases pricing, deposit terms, floor plans, and availability on a price sheet that updates through the sales cycle. I am the contact for all of it. If you want the current price sheet, want to see which stacks face which direction, or want me to run the rental math on a specific unit before you reserve, call me at 305-964-8614 or visit the contact page. I can also compare Palm Tree Residences against the other short-term-rental-friendly launches downtown so you see the full picture before you commit.