72 Park: All You Need to Know About This Short-Term Rental Project in Miami

Location and Design

Situated at 580 72nd Street, 72 Park offers residents stunning, unobstructed panoramic views of the Atlantic Ocean, Miami Beach, and the Downtown Miami skyline. The building’s modern design features floor-to-ceiling glass, open layouts, and private balconies that create a seamless indoor-outdoor living experience. Whether you’re looking for a one-bedroom retreat or a spacious three-bedroom home, these residences are designed to cater to a variety of needs.

Short-Term Rental Flexibility

One of the most appealing aspects of 72 Park is its flexibility. As the first building in Miami Beach to be approved for short-term rentals, owners can choose to live in their residence full-time, part-time, or rent it out when not in use. 

This makes it an ideal investment for those looking to maximize their property’s potential. The building’s property management program but we highly recommend taking a look at other property management companies such as Whost that have +10 years of experience and a portfolio of +460 properties.

Resort-Style Amenities

72 Park is not just a place to live; it’s a lifestyle. The building offers a comprehensive suite of amenities designed to enhance every aspect of daily life. Residents can enjoy a resort-style pool, private cabanas, a fitness center with Technogym equipment, and a rooftop deck exclusively for residents. For those who work remotely, the 24/7 co-working lounge provides a professional environment equipped with high-speed internet and private work pods.

Families will appreciate the imaginative Kids’ Club, while food enthusiasts can indulge at Roberta’s, a ground-floor restaurant by Michelin-starred chef Carlo Mirarchi. Additionally, the 72 Park Beach Club offers residents exclusive access to beach services, including chair and towel service, with easy transportation via a private golf cart shuttle.

Investment Potential

72 Park’s unique combination of location, design, and short-term rental approval makes it a standout investment opportunity in Miami Beach. Whether you’re looking for a permanent residence, a vacation home, or an income-generating property, 72 Park offers the flexibility and luxury that today’s buyers demand.

Key advantages of 72 park

  1. Exclusive Short-Term Rental Approval

72 Park is the first and only luxury building in Miami Beach currently approved for short-term rentals. This unique status allows owners the flexibility to maximize their investment by renting out their residences when not in use, providing a steady income stream that’s not available in other properties.

  1. Under Construction Advantage

Unlike other projects that may still be in the planning stages or completed with restrictions, 72 Park is the only project actively under construction in Miami Beach right now. This means buyers have the opportunity to invest in a brand-new development with modern features and amenities that are in line with the latest trends in luxury living and have an advantage in the area of this industry.

  1. Resort-Style Living

The project boasts 64,000 square feet of amenities, including a resort-style pool, private rooftop, state-of-the-art fitness center, and even a Michelin-star restaurant. These amenities not only enhance the lifestyle of residents but also make the properties more attractive to potential short-term renters.

  1. Prime Location with Unobstructed Views:

 Situated on 72nd Street, the building offers breathtaking, unobstructed views of the Atlantic Ocean, Miami Beach, and Downtown Miami. This prime location ensures that residents and renters alike can enjoy the natural beauty and vibrant city life that Miami Beach has to offer.

Advantages72 ParkOther Short-Term Rental Projects
Exclusive Short-Term Rental Approval
Finalizing Construction in 2024
Prime Location with Panoramic Views
No other projects are under construction

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