North Beach is experiencing a significant development boom, with a surge of luxury projects set to transform the northern end of Miami Beach. After years of minimal activity, at least nine private development projects are either underway or in the planning stages today.

Among them, 72 Park, a 22-story luxury tower at 580 72nd Street, opened this April—the first new condo in North Beach in five years. Developer Lefferts is also planning three more projects nearby: Palma Miami Beach Residences, 72 Carlyle, and a mixed-use building at 880 71st ...