Miami-Dade’s First Residential Marina in 20 Years Opens at Marina Palms Yacht Club & Residences

Marina and Exclusive Boat Club Feature Full-Service Yachting Amenities

North Miami Beach, Fla. – The all-new, full-service marina at Marina Palms Yacht Club & Residences has officially opened, marking Miami-Dade County’s first luxury residential marina and yacht club development in over 20 years. The state of the art marina features brand new construction at a prime location on the Intracoastal Waterway in North Miami Beach. The opening of the marina, designed for vessels up to 100 feet in length and the creation of a new private boat club allow residents to experience an unparalleled waterfront lifestyle at one South Florida’s most sought after addresses. Slip buyers have begun closing on the purchase of their wet slips.

“This milestone marks more than the opening of a new marina. It’s an accomplishment of meeting our customers’ demands for a product that serves luxury residential buyers and yachting enthusiasts in a way not seen in more than a generation,” said Neil Fairman, president of The Plaza Group, whose affiliate is developing the project with The DevStar Group. “We identified an underutilized asset and transformed it into a truly 21st century marina.”

The property’s former marina built on the shores of Maule Lake was a popular boating destination dating back to the 1970s and ’80s, but the facility long ago fell into disrepair. In 2013, crews began clearing the marina basin, removing sunken boat hulls, a submerged, 50-ton boat lift, more than 100 rotted, wooden pilings and some 2,000 cubic yards of sand and silt from the bay floor.

The marina basin now ranges in depth from nine feet to 12 feet. The new marina has some 400 concrete piles constructed of galvanized rebar encased in high-strength concrete that are driven 35 feet into the seabed. The sheet metal pile seawall has been capped with a stout concrete bulkhead, similar to what marina general contractor Kearns Construction Company used when completing PortMiami.

The dock system itself features two fixed dock fingers that flank the north and south side of the marina and a floating dock spine that cuts down the center of the basin. The marina’s 112 slips are wired with electricity and fiber optic cabling for voice, data, and high-speed Internet service from dockside pedestals for each vessel. All cabling will run beneath the dock in a protective chase.

“The docks, piles and seawall were constructed with materials and methods well in excess of what is required by code,” Brock Sullivan, Chief Operating Officer with Kearns Construction Company said. “We built a marina that is structurally sound, technologically advanced and is the key component of a remarkable development and a template for future marina developments.”

The marina’s fuel station and high-speed dispensers are fed from two 12,000-gallon tanks providing diesel and gasoline service. The fuel station itself is built on a central floating dock designed to rise and fall with the tide. The fuel station and marina sundry store will be open to the public.

The marina has a full-time dock master, dock hands and a yacht concierge to arrange vessel cleaning and maintenance, provisioning and even entertainment planning.

The marina is also home to the exclusive Marina Palms Boat Club. For a one-time initiation fee and a monthly membership fee, resident members will have access to vessels ranging from a 22-foot center console to a 35-foot cabin cruiser to cruise, fish or dive along the Intracoastal Waterway, the Atlantic Ocean or Biscayne Bay. Personal watercrafts, paddleboards and kayaks also will be available. Residents will have the option to purchase a membership, rent by the day or even rent by the hour.

The marina is the namesake centerpiece of Marina Palms Yacht Club & Residences. Located at 172nd Street and Biscayne Boulevard just off the Intracoastal Waterway, the development features two, 25-story condominium towers with a combined 468 two-, three- and four-bedroom residences and penthouse units.

Residents, who began closing on their residents, can enjoy luxury amenities such as butler service, infinity-edge pool and hot tub, a state-of-the-art gym, a spa with treatment rooms, a sauna, a steam room and workout studios, a news café, club room with bar, pool table and 100-inch-plus TV, children’s playroom and teen lounge. The development has secure, gated-access with 24-7 valet and security service.

The average price for available residences start at $950,000.

For sales information, call (866) 338-5643 or schedule a visit online.

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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 has 25 floors with a combined 468 condo units. The marina and yacht club offers concierge service and 112 slips with mooring for yachts in excess of 90 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.

About Kearns Construction

Kearns Construction Company is a Florida based general contractor that performs both marine construction and upland building construction services. Kearns Construction Company prides itself on customer service where over eighty percent of its business originates from repeat and highly satisfied customers. Learn more at www.KearnsConstruction.com.