Palma Miami Beach: 2026 North Beach Pre-Construction Buyer's Guide

Palma Miami Beach Residences is a 14-story, 126-residence condominium under construction at 600 71st Street in Miami Beach's North Beach neighborhood, one block off Collins Avenue inside the North Beach Town Center revitalization overlay. The developer is Lefferts, with architecture by Built Form, interiors by Studio Ramirez (creative director Ruby Ramirez), and landscape by Keith.

Lefferts broke ground on December 16, 2025 after approximately 50 percent of residences went under contract prior to the ceremony. The 127,600-square-foot building is expected to reach completion in late 2027, with Cervera Real Estate serving as the exclusive sales and marketing firm. Pricing starts in the $650,000s for fully furnished and finished one- and two-bedroom homes, including seven penthouses.

Palma is Lefferts' second North Beach project after 72 Park, with 72 Carlyle planned as the third. Collectively, the three developments represent approximately $730 million in investment in the corridor.

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Quick Take

Where is Palma Miami Beach?

The site is 600 71st Street, one block off Collins Avenue inside the North Beach Town Center overlay. 71st Street is the inland commercial spine of North Beach -- the cafes, bodegas, and ground-floor retail that anchor the corridor away from the beach -- and Palma sits at the corridor's western entry, between Collins Avenue and Indian Creek.

Walkable from Palma:

• The Atlantic Ocean -- approximately a five-minute walk east across Collins
• Ocean Terrace -- the restored mid-century hotel and dining strip along 73rd-75th streets
• Miami Beach Bandshell at North Beach Bandshell Park
• North Shore Open Space Park -- the dune-protected linear park north of 79th Street
• The Collins 7000s -- the corridor being rebuilt under the Town Center overlay

Short-drive landmarks:

• Normandy Isles -- across the 79th Street Causeway, with the Normandy Shores Golf Course and the bay walk along Indian Creek Drive
• Bal Harbour Shops -- 7-10 minutes north along Collins
• South Beach core -- 12-15 minutes south
• Downtown Miami and the Design District -- 15-20 minutes via the Julia Tuttle Causeway
• Miami International Airport -- ~25-30 minutes
• Fort Lauderdale-Hollywood (FLL) -- ~35-45 minutes north

This is the inland-spine pitch for North Beach. Palma sits on the commercial corridor that is being rebuilt with mid-rise housing and ground-floor retail, rather than on the beach itself. Buyers trade the across-the-street beach access at 7200 Collins for a corner-of-71st-Street walkability story.

Who's Behind Palma

Lefferts is the developer. The firm is investing approximately $730 million across a three-project North Beach strategy:

• 72 Park -- the 22-story, 206-unit tower; the firm's first completed Town Center project
• Palma Miami Beach -- the 14-story, 126-unit project at 600 71st Street, currently under construction
• 72 Carlyle -- a planned 19-story, 134-unit project

The cluster strategy matters. Lefferts is not building a one-off boutique -- the firm is concentrating capital, leasing, and operations across three adjacent buildings in the same overlay. That creates operational scale that single-project developers cannot match.

Built Form, LLC is the design architect, with offices in Chicago, North Carolina, and Miami. The firm combines boutique-design energy with the technical capabilities to deliver a 14-story, 127,600-sf residential project to LEED Gold standards.

Studio Ramirez -- the Miami-based, international design studio led by creative director Ruby Ramirez -- handles interiors. The firm draws on 20+ years of interior design history and curated both the residential package and the indoor-outdoor amenity program.

Keith -- the Florida and Caribbean landscape practice with more than six decades of work across tropical climates -- handles landscape design. Keith's work emphasizes ecologically appropriate planting, shade structures, and integration with surrounding green space.

Cervera Real Estate is the exclusive sales and marketing firm.

Architecture and Design

Built Form's design for Palma is a 14-story residential building targeted at LEED Gold certification -- a meaningful sustainability marker for North Beach pre-construction. The design incorporates environmentally friendly and energy-efficient materials and equipment, with carefully considered landscaping designed to preserve the natural balance of the surrounding neighborhood.

The massing reads as a Mediterranean-inflected modernist tower, with deep balconies, floor-to-ceiling impact glass, and a 71st Street ground-floor retail edge that activates approximately 8,500 square feet of commercial space at the building base.

The Studio Ramirez residential interior package specifies:

• Bosch appliance packages
• European cabinetry with integrated pulls
• Stone counters with matching backsplashes
• Floor-to-ceiling impact glass
• In-unit washer/dryer
• Private balconies
• Select homes oriented toward the Intracoastal Waterway for water-view exposure

The bicycle program includes approximately 140 bicycle spaces -- a meaningful indicator of how the building is positioned: walk-and-bike-first North Beach, not garage-and-drive Miami Beach.

The Residences

Palma's 126 residences run one- and two-bedroom layouts plus seven penthouses, with interior areas from approximately 405 to 1,342 square feet. Pricing starts in the $650,000s for fully finished and furnished delivery -- meaning every home arrives with the Studio Ramirez furniture package included rather than as an optional upgrade.

Standard residential features:

• Bosch appliance package
• European cabinetry with integrated pulls
• Stone counters and matching backsplashes
• Floor-to-ceiling impact glass
• Private balconies
• In-unit washer/dryer

The seven-penthouse collection caps the building with larger floor plates and additional outdoor space. Most water-view inventory orients toward the Intracoastal Waterway to the west rather than the Atlantic to the east -- a structural function of being one block inland.

The Rental Program

Palma carries no minimum rental restrictions, opening the door to nightly and weekly stays for owners who want to rent. This is the same structural feature 7200 Collins and Ella Miami Beach offer -- North Beach Town Center has emerged as the densest cluster of new short-term-rental-friendly inventory in Miami Beach.

The Palma setup:

• No 30-day minimum under the building's rental approval
• Fully furnished delivery with Studio Ramirez packages -- rental-ready on day one
• Smart-building infrastructure to support digital check-in, climate management, and amenity reservations
• Approximately 8,500 sf of ground-floor retail to support resident and guest traffic on 71st Street

Owners can self-manage, partner with a third-party operator, or work through any building-affiliated program offered at completion.

Amenities

Palma's amenity program totals more than 10,000 square feet of indoor-outdoor space curated by Studio Ramirez:

Pool deck and outdoor

• Resort-style pool deck with private daybeds and luxe cabanas
• Wellness hot tub
• Arctic cold plunge -- maintained at approximately 39 degrees Fahrenheit, designed for contrast therapy from the comfort of home
• Outdoor summer kitchen with bar
• Pool deck event area

Indoor amenities

• Private resident lounge with indoor and outdoor bar seating
• Media and game lounge -- 24-hour access
• Technogym-equipped fitness center with a view over the pool deck

Building infrastructure

• Smart-building infrastructure with digital access and climate-management systems
• Approximately 140 bicycle storage spaces
• Approximately 8,500 sf of ground-floor retail along 71st Street
• Landscape by Keith integrating ground-level pedestrian areas with the building edge

The arctic cold plunge + wellness hot tub pairing is the headline wellness amenity -- a structured contrast-therapy setup rather than a token cold-immersion barrel. The Technogym fitness center overlooks the pool deck rather than facing an interior wall.

How Palma Compares to Other North Beach Pre-Construction Condos

Palma sits inside the same Town Center cluster as 7200 Collins and Ella, with distinct positioning:

Palma's positioning argument is the LEED Gold target, the Studio Ramirez interior program, the arctic cold plunge wellness amenity, and the Lefferts cluster strategy -- buying into a building from a developer that already operates two adjacent projects in the same overlay. The trade-off versus 7200 Collins is the one-block-inland location; the trade-off versus Ella is the larger 14-story scale and 126-unit count.

The Neighborhood

North Beach has historically been the quieter, less-crowded part of Miami Beach -- mid-rise residential, slower foot traffic than Lincoln Road or Ocean Drive, and a meaningful share of mid-century apartment stock at the inland edges. The Town Center overlay is rebuilding the corridor without erasing it.

Within walking distance of Palma:

The corridor itself

• 71st Street -- the inland commercial spine being rebuilt
• Collins 7000s -- the beach-side stretch under the Town Center overlay
• Ocean Terrace -- the restored mid-century hotel strip
• Miami Beach Bandshell -- open-air concerts steps from the building
• North Shore Open Space Park -- protected dune line

Inland

• Normandy Isles -- across the 79th Street Causeway
• Indian Creek Drive and the bay walk

Less-crowded vs South Beach The pitch for North Beach is identical to its neighbors': Atlantic Ocean and Miami Beach municipal services without the South Beach foot traffic, plus the active redevelopment thesis pushing retail and dining quality higher. Palma's 71st Street position puts it in the middle of the inland commercial activation, which should pay off as the corridor fills in.

Risks and Realities

A few items to underwrite before reservation:

• Delivery timing. Late 2027 is the marketed target. Miami delivery on towers this size has slipped routinely; confirm with the sales team before underwriting closing dates.
• HOA load. Studio Ramirez-designed amenities, an arctic cold plunge, a Technogym fitness center, a 24-hour media and game lounge, smart-building infrastructure, and 140 bike storage spaces produce a meaningful monthly assessment. Underwrite HOA + taxes + insurance on top of any rental projection.
• LEED Gold execution. "Targeting LEED Gold" is a design intent. The certification is verified post-completion. Confirm the certification path with the sales team and verify with the U.S. Green Building Council at delivery.
• Rental performance varies by operator. "No rental restrictions" is structural; actual ADR and occupancy depend on which operator a buyer chooses and how Palma performs against the broader North Beach cluster.
• Short-term-rental regulation. Miami Beach has historically been the stricter of the two cities on STR rules. The building is entitled inside its zoning, but the broader regulatory backdrop is worth tracking.
• Cluster execution risk. The Lefferts three-project strategy improves operational scale if all three deliver; it gets harder if 72 Carlyle stalls or Town Center retail under-delivers.
• One block inland. Palma is not across-the-street beach product. Buyers who want immediate beach access should compare to 7200 Collins.

FAQ

What is Palma Miami Beach?

Palma Miami Beach Residences is a 14-story, 126-residence condominium under construction at 600 71st Street in Miami Beach's North Beach neighborhood. The project is developed by Lefferts, with architecture by Built Form, interiors by Studio Ramirez, and landscape by Keith. Lefferts broke ground on December 16, 2025.

Who is developing Palma?

Lefferts is the developer. Palma is the firm's second North Beach Town Center project after 72 Park, with 72 Carlyle planned as the third. Collectively, the three developments represent approximately $730 million in investment in the corridor. Cervera Real Estate handles sales and marketing.

Who is the architect?

Built Form, LLC is the design architect, with offices in Chicago, North Carolina, and Miami. Studio Ramirez (creative director Ruby Ramirez) handles interiors. Keith handles landscape design.

What is the residence mix?

126 residences running one- and two-bedroom layouts plus seven penthouses, with interior areas from approximately 405 to 1,342 square feet. Every home is delivered fully finished and furnished with the Studio Ramirez package.

How much do Palma condos cost?

Pricing starts in the $650,000s for fully furnished delivery. Approximately 50 percent of residences were sold prior to the December 16, 2025 groundbreaking. The penthouse collection sits at the top of the price range.

Can owners list units on Airbnb?

Yes. Palma carries no minimum rental restrictions, opening the door to nightly and weekly stays. Fully furnished delivery and smart-building infrastructure support rental operations on day one.

When will Palma be completed?

Completion is expected in late 2027.

What amenities does Palma include?

More than 10,000 square feet of indoor-outdoor amenities including a resort-style pool deck with private daybeds and cabanas, a wellness hot tub, an arctic cold plunge maintained at approximately 39 degrees Fahrenheit, an outdoor summer kitchen with bar, a pool deck event area, a private resident lounge, a 24-hour media and game lounge, and a Technogym-equipped fitness center with views over the pool deck. The building targets LEED Gold certification, includes approximately 140 bicycle storage spaces, and activates 71st Street with roughly 8,500 sf of ground-floor retail.

Bottom Line

Palma is the LEED Gold-targeted, Studio Ramirez-curated middle entry in Lefferts' three-project North Beach Town Center cluster. Arctic cold plunge wellness amenities, fully furnished delivery from the $650,000s, no rental restrictions, and a 71st Street ground-floor retail base that anchors the inland commercial corridor. With ~50 percent sold at the December 2025 groundbreaking, remaining inventory is meaningful relative to the more heavily pre-sold 7200 Collins next door.

Want a Data-Driven Read on Palma Miami Beach?

If you are evaluating Palma against 7200 Collins, Ella, or other North Beach Town Center pre-construction product, reach out. We track North Beach pricing, HOA structure, and rental performance across the corridor.

View the Palma Miami Beach building page | Browse North Beach pre-construction condos | Contact CondoBlackBook

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Disclaimer: This article is for general informational purposes only and reflects publicly reported information as of June 2026. Pre-construction pricing, floor plans, finish packages, amenity specifications, sustainability certifications, rental-program economics, and delivery timelines can change between launch and completion. Short-term rental regulation may also change at the municipal or state level. LEED Gold certification is targeted and will be verified by the U.S. Green Building Council post-completion. Always verify current details directly with the developer, sales team, and a licensed real estate professional before making any reservation or purchase decision.