Palma Miami Beach: Prices, Floor Plans & Available Units

North Beach sits at the northern end of Miami Beach, above Mid-Beach, a walkable grid of low-rise blocks a few minutes from the Atlantic. Nearly a decade ago, Miami Beach residents voted to increase density in the neighborhood, and developers have been targeting it since. The draw for buyers is specific: North Beach is one of the few Miami Beach submarkets where flexible rental ownership is supported, so a condo here can operate as a nightly or seasonal rental in a way that most of the city's condo stock cannot. That single fact is what separates Palma from the bulk of new construction on the beach.

According to Florida YIMBY, Lefferts is building Palma Miami Beach, a 14-story condominium at 600 71st Street in North Beach, with foundation work underway as of June 2026. Built Form is the architect and KAST Construction is the general contractor, which noted the project totals more than 167,000 square feet of new construction and is targeting LEED Gold. The building holds approximately 121 residences per the contractor's June 2026 update (earlier ground-breaking coverage cited 126 units, including seven penthouses). Studio Ramirez designed the interiors, and every residence is delivered fully furnished and finished, which is what makes a turnkey rental operation realistic from day one.

The unit mix runs across one-bedroom and two-bedroom layouts plus penthouses, measuring roughly 405 to 1,342 square feet, per the developer. Prices start at $650,000, and the South Florida Business Journal reported the tower was about half pre-sold at its December 2025 groundbreaking. For an investor, the math is straightforward: a furnished, rental-ready beach condo for around $650,000 at the entry point gives you a basis well below oceanfront Miami Beach new construction, with the flexibility to rent it short term in a tourist market that runs year-round. For an end user, it is a furnished beach base you can offset with rental income when you are not using it.

The amenity program, per the official developer site, centers on a resort-style pool with private daybeds and cabanas, an outdoor summer kitchen and pool-deck event area, a resident lounge with indoor and outdoor seating, a Technogym-equipped fitness center overlooking the pool, and a wellness hot tub with an arctic cold-plunge pool. The building features a double-height attended lobby with 24-hour secure access, WiFi throughout the common areas, selected ground-floor retail, and a Palma Beach Club with reserved seating for residents. For a building positioned around flexible rental ownership, that amenity depth matters: it is what lets an owner command a nightly rate and what keeps the building competitive against hotels in the same market.

Palma is a pre-construction condominium, 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 Palma against the other rental-flexible launches in North Beach so you see the full picture before you commit.