Palm Tree Residences and 600 Miami Worldcenter are both Downtown Miami condo towers built for short-term rental, and they answer two different buyer questions. Palm Tree Residences is the brand-led choice: 483 fully furnished residences in a 37-story tower at 31 NW 10th Street, developed by PMG with Palm Tree Crew (Kygo), from $560,000 per the official developer site, with a ground-floor music venue and over 57,000 square feet of amenities. 600 Miami Worldcenter is the master-plan choice: 606 fully furnished residences in a 32-story tower by Merrimac Ventures and Aria Development Group, from $400,000, inside the Miami Worldcenter retail and transit district. If you want a branded experience and amenity depth, Palm Tree fits. If you want the lowest entry point inside a finished master plan, 600 fits. Both are short-term-rental friendly and delivered furnished. For the full picture, see the building comparison index.

Side-by-Side Comparison

CategoryPalm Tree Residences600 Miami Worldcenter
NeighborhoodDowntown Miami (Entertainment District)Downtown Miami (Worldcenter)
Address31 NW 10th StreetDowntown Miami Worldcenter
DeveloperPMG & Palm Tree Crew, Lion Development, Sterling Equities, Eden ResidentialMerrimac Ventures & Aria Development Group
ArchitectKobi KarpRefer to developer
StructureSingle 37-story towerSingle 32-story tower
Total Units483 residences606 residences
Unit TypesJunior suites to 3 bedroomsFully furnished residences
Price From$560,000$400,000
FurnishingsFully furnished and finishedFully furnished
RentalsShort-term-rental friendlyShort-term-rental friendly
DistinctionFirst music-festival-branded residenceInside the Miami Worldcenter master plan

Palm Tree Residences figures from the official developer site and The Real Deal (May 19, 2026). 600 Miami Worldcenter figures from public developer materials. All prices and details are developer estimates and subject to change. Contact us for current specifications.

Price and Scale

The clearest difference is entry point. 600 Miami Worldcenter starts at $400,000 across 606 residences, while Palm Tree Residences starts at $560,000 across 483 residences. Both are large Downtown towers, so unit selection is wide at each, but 600 opens the door at a lower number. That is not a quality gap, it is a positioning gap. 600 leans on a low basis inside a finished master plan; Palm Tree concentrates on a branded experience and a deeper amenity package that is built to support a higher nightly rate.

Developer and Brand

Palm Tree Residences is developed by PMG together with Palm Tree Crew, the music and lifestyle platform co-founded by Kygo and Myles Shear, alongside Lion Development Group, Sterling Equities, and Eden Residential, with Kobi Karp as architect. It is the first ever Palm Tree-branded residence, and the ground-floor Palm Tree Club venue is part of the offering. 600 Miami Worldcenter is developed by Merrimac Ventures and Aria Development Group inside the Miami Worldcenter master plan, with direct access to that district's retail and transit. The trade-off is a brand-and-venue experience versus a master-plan location.

Amenities and Rentals

Both buildings are designed for short-term rental and are delivered fully furnished, which makes turnkey operation realistic at either. Palm Tree Residences carries over 57,000 square feet of amenities across three levels, including a rooftop infinity pool, a wellness and recreation level with a padel court and climbing wall, and the ground-floor music venue. 600 Miami Worldcenter pairs its furnished residences with the surrounding Worldcenter amenities and retail. For a rental operator, Palm Tree's amenity depth and brand are levers on nightly rate; 600's location inside a walkable master plan is a lever on occupancy.

Who Should Pick Which

Pick Palm Tree Residences if you want a branded, amenity-rich Downtown tower with an on-site venue and you are comfortable with a higher entry point. Pick 600 Miami Worldcenter if you want the lowest entry point inside a finished, walkable master plan. Both put you in Downtown Miami with short-term-rental flexibility and furnished delivery, which is the underlying combination that drives investor demand in the urban core.

"In Downtown Miami, the short-term-rental question is rarely which building is 'better.' It is which lever you want: Palm Tree's brand and amenity depth on nightly rate, or 600's lower basis and master-plan location on occupancy. I tell buyers to request both developer packages and compare deposit structures and unit-line views before signing either."Gerardo Gonzalez, Licensed Real Estate Agent at Compass

My Recommendation

If your priority is a branded address with the deepest amenity package and you are positioning for nightly-rate performance, Palm Tree Residences is the stronger pick. If your priority is the lowest entry point inside a finished master plan, 600 Miami Worldcenter is the practical one. Either way, the higher-floor and view lines are the ones that hold value, and those go first. Read the full pages for each: Palm Tree Residences Miami and 600 Miami Worldcenter. Then contact me and I will pull the current price sheets and run a side-by-side on the specific units you are weighing.

Frequently Asked Questions

Which is cheaper to enter, Palm Tree Residences or 600 Miami Worldcenter?
600 Miami Worldcenter starts at $400,000 per its developer materials, below Palm Tree Residences, which starts at $560,000 per the official developer site. Both are Downtown Miami short-term-rental-friendly condos delivered fully furnished. Contact me for current price sheets on either building.
Which building has more units?
600 Miami Worldcenter has 606 residences across 32 stories; Palm Tree Residences has 483 residences across 37 stories. Both are large Downtown towers, so unit selection is wide at each.
Who are the developers?
Palm Tree Residences is developed by PMG with Palm Tree Crew (Kygo and Myles Shear), Lion Development Group, Sterling Equities, and Eden Residential. 600 Miami Worldcenter is developed by Merrimac Ventures and Aria Development Group. Both are active Downtown Miami developers.
Are both short-term-rental friendly?
Yes. Both Palm Tree Residences and 600 Miami Worldcenter are designed as short-term-rental-friendly condos in Downtown Miami and are delivered fully furnished, which makes turnkey rental operation realistic. Confirm each building's covenants before relying on rental use; I review those with the developer documents.
What sets Palm Tree Residences apart?
Palm Tree Residences is the first music-festival-branded residence, built around Palm Tree Crew, with a ground-floor music venue and over 57,000 square feet of amenities. 600 Miami Worldcenter sits inside the Miami Worldcenter master plan with direct access to its retail and transit. The brand experience versus the master-plan location is the core trade-off.
Which is a better investment?
It depends on your goal. 600 Miami Worldcenter's lower entry point and master-plan location favor accessibility; Palm Tree Residences' brand, on-site venue, and amenity depth favor nightly-rate positioning. I run the numbers on specific units in either building. Contact me for a side-by-side analysis.

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