The New York-based real estate development firm Lefferts has secured approval from Miami Beach’s Design Review Board for a 20-story luxury condominium project. Planned for 600 72nd Street, just south of Surfside, the project, tentatively named 72B, is part of the firm’s initiative to contribute to the Miami Beach neighborhood. It will feature 125 residences with commercial spaces on the ground floor, designated for food and beverage concepts, and has been designed by Arquitectonica. Douglas Elliman Development Marketing has been assigned exclusive sales and marketing for the project.
72B marks Lefferts’ second residential endeavor in the North Beach neighborhood. Concurrently, the firm is developing 72 Park, a 22-story condominium at 580 72nd Street, directly opposite 72B. Scheduled for completion by summer 2024, 72 Park is designed by the national architecture firm Built Form. The project will feature 206 units, varying in size from 470 to 1,177 square feet, with starting prices in the $700,000s. Adding to its appeal, 72 Park will also be home to Roberta’s, a Michelin Bib Gourmand restaurant co-founded by Brandon Hoy and two-Michelin-starred chef Carlo Mirarchi.
“We’d like to thank the Design Review Board for their approval of the vision our team has presented for a new luxury condominium in Miami Beach’s desirable North Beach, just south of Surfside. Tentatively named 72B, the 239,424 square-foot residential tower will be located at 600 72nd Street, Miami Beach, and will be designed by Arquitectonica. This is the best community in Miami Beach, and we are committed to enhancing the quality of life for residents, and creating new opportunities for those who want to call North Beach their home.”
72 Park and 72B are two of four residential developments Lefferts is undertaking in the Miami Beach neighborhood. These projects form a part of the firm’s broader strategy for the area. The developer purchased the 0.1-acre development site for 72B for $2.3 million in 2018, as records indicate. Groundbreaking is anticipated in the summer of 2024, with the completion of the condominium expected in 2027.