Realtors® Discover Development Potential in North Miami Beach

Event Hosted By Marina Palms Yacht Club & Residences

Marina Palms Yacht Club & Residences recently hosted 75 members of the Miami Association of Realtors (MAR) who were interested in learning more about the tremendous growth taking place in North Miami Beach.

Speakers included: 2015 Chairman of MAR, John Dohm; North Miami Beach Mayor, George Vallejo; Director of Community Development at City of North Miami Beach, Richard Lorber; Founder of AFIN Development, Alejandro Araujo; and Director of Sales for Marina Palms Yacht Club & Residences, Michael Internoscia.

As a project leading the redevelopment of North Miami Beach, Mayor Vallejo described Marina Palms as Miami Dade’s first luxury residential marina and yacht club in over 20 years. He called the project, which recently completed its first tower, a leader in the revitalization of North Miami Beach. A second tower is under construction and already 80 percent sold out.

In addition to Marina Palms, Mayor Vallejo also discussed the commercial development in his city and the economic benefits of All Aboard Florida, the new rail system that will stretch from Miami to Orlando.

Other speakers shared details about their upcoming projects with one common message: North Miami Beach is a prime location for buyers. Besides offering expansive Intracoastal views, the city is central to Miami International Airport, South Beach, Aventura, and Fort Lauderdale, making it ideally situated for buyers who are already recognizing its strong growth potential.

MAR does a regular series called New & Noteworthy that educates members about what is happening in various cities in Miami-Dade and Broward Counties.

To learn more about Marina Palms, contact Michael Internoscia, director of sales, by calling (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 will have 25 floors with a combined 468 condo units. The marina and yacht club will offer 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 Florida¹s 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 $5 billion dollar finance and investment company focused on real estate and traded on the New York Stock Exchange under the symbol STAR.

About the MIAMI Association of REALTORS®

The MIAMI Association of REALTORS® was chartered by the National Association of Realtors in 1920 and is celebrating 95 years of service to Realtors, the buying and selling public, and the communities in South Florida. Comprised of six organizations, the Residential Association, the Realtors Commercial Alliance, the Broward Council, the Jupiter Tequesta Hobe Sound (JTHS) Council, the YPN Council and the award-winning International Council, it represents more than 41,000 real estate professionals in all aspects of real estate sales, marketing, and brokerage. It is the largest local Realtor association in the U.S., and has official partnerships with more than 135 international organizations worldwide. MIAMI¹s official website is www.miamire.com.