Marina Palms Yacht Club & Residences Completes Second Tower

Building issued a Temporary Certificate of Occupancy as closings commence; a few select residences available for sale

North Miami Beach, FL – Marina Palms Yacht Club & Residences, the first residential and marina development to be constructed in Miami-Dade County in two decades, has completed construction on its second and final condominium tower. The development team was issued a Temporary Certificate of Occupancy last week which paved the way for closings and move-ins to begin. There are a few select residences still available for sale in the exclusive tower.

“Our original vision for this expansive waterfront property has now become a reality with delivery of our final tower,” said Neil Fairman, president of The Plaza Group, whose affiliate is developing the project with The DevStar Group. “I expect the momentum from this milestone will carry us across the finish line and allow us to sell out the remaining inventory in the near future.”

This tower on the south side of the property is branded The Reserve at Marina Palms. The Reserve is the development’s premier tower offering the most coveted views, premium finishes, upgraded amenities and enhanced personal services compared to the first tower which was delivered a little more than a year ago.

“Over the past 12 months or so, it’s been a pleasure watching our first residents settle in and embrace the luxurious boating and on-the-water lifestyle that our community offers,” said Anthony Burns, a principal of The DevStar Group. “Our newest residents in the Reserve will get to experience all of that and more.”

The Reserve at Marina Palms is located on its own peninsula and consists of 234 residences in 25 stories offering spacious 2- and- 3- bedroom layouts with expansive views over the 112-slip marina, adjacent nature preserve, Miami skyline and the Atlantic Ocean.

The building boasts rich Italian Calacatta finishes throughout, custom chandeliers in the lobby and main elevator vestibule, high speed elevators, Wifi in all common areas and curated artwork and installations through the social spaces.

Amenities include a lavish spa, state-of-the-art fitness center, a professional-grade studio for yoga and Pilates, a children’s playroom, a teen center, a news café with daily newspaper service, a club room with billiard table, bar and chef inspired kitchen and an executive business lounge with conference room.

Outdoor amenities include a resort style pool, summer kitchen, rodizio inspired grilling terrace, yoga deck on the water’s edge, herb and butterfly garden, kid’s play zone and dog walking trail.

Residents will have access to upgraded services such as a black Rolls Royce Ghost house car for luxuriant trips around the neighborhood, on-site bicycle share service, wellness services, Saturday kids’ club, a personal butler and a pet spa service.

In addition to the state-of-the-art, full-service marina and yacht club, Marina Palms also offers an exclusive boat club that allows residents to experience power boats, personal watercraft, kayaks, paddle boards and much more.

Prices for the remaining residences start from $950,000 with penthouses from $1.2 million.

To learn more about the reserve call 786-629-9670, or visit the sales gallery at 17111 Biscayne Boulevard, North Miami Beach, FL 33160 for a full introduction to waterfront living at its most elevated.

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About Marina Palms

Marina Palms Yacht Club & Residences represents the first luxury high-rise and full-service marina/yacht club development in Miami-Dade County in more than 20 years. Developed by affiliates of The Plaza Group and The DevStar Group, the two residential towers each have 25 floors with a combined 468 condo units. The marina and yacht club offers concierge service and 112 slips with mooring for yachts up to 100 feet.

About The Plaza Group

During the past two decades, Neil Fairman, President and Founder of The Plaza Group, has successfully foreseen opportunities that result in world- class real estate developments. From hotels and high-rise, luxury residences to retail shopping centers and commercial space, their diverse portfolio of real estate projects has reshaped communities and spurred real estate trends. Successful projects include The Palms in Fort Lauderdale and Ocean Palms in Hollywood Beach.

About The DevStar Group

The DevStar Group is a development and investment firm headquartered in Miami, FL that focuses on the high-end residential condominium market. DevStar principals have spearheaded the redevelopment and sales efforts of some of South Florida’s most exciting luxury condominium projects including the 47-story Paramount Bay located in the Edgewater District of Miami and Ocean House South Beach, a collection of boutique oceanfront residences located in the exclusive South of Fifth neighborhood. The principals of The DevStar Group are Anthony Burns and George Helmstetter. DevStar is partnering with iStar, a $7 billion dollar finance and investment company focused on real estate and traded on the New York Stock Exchange under the symbol SFI.