72 Carlyle is a 20-storey, 134-residence condominium planned for 600 72nd Street in North Beach, Miami Beach, developed by Lefferts with design by Piero Lissoni. Sales launched in September 2025 at $1.8 million to $10 million.
Three things to establish before anything else, because this project is easy to confuse and easy to over-assume.
Key Takeaways
- It is not 72 Park. 72 Park is a different, already-completed building directly across the street at 580 72nd Street, by the same developer.
- It is not The Carlyle on Ocean Drive — that is a 1941 Art Deco hotel in South Beach, six miles away and entirely unrelated.
- It was previously called “72B.” Run any permit, approval or title search under both names.
- Construction has not started. The original summer-2024 groundbreaking is more than two years late, and the county tax roll shows no assessed building value for 2025 or 2026.
- The 2027 completion date has lapsed and no replacement has been published by any credible source. The “2028” you will see quoted comes only from listing-aggregator sites.
- No construction loan has been reported, roughly a year after sales launched.
- No sales figure has ever been published — eleven months after launch. The same developer’s 72 Park had its velocity reported readily.
- The unit count grew from 125 to 134 after design approval, with no reported modification hearing.
Which Building This Actually Is
Three Miami Beach properties share confusingly similar names. Getting them mixed up would be an expensive mistake, so:
| Property | What it is |
|---|---|
| 72 Carlyle (this page) | 600 72nd Street / 7130 Carlyle Ave, North Beach. New 20-storey, 134-unit condominium. Not built. Not started. Formerly filed as “72B.” |
| 72 Park | 580 72nd Street — directly across the street. Same developer. 206 units, short-term rentals permitted, topped off 2023, closings began March 2025. North Beach’s first new condo in five years. |
| The Carlyle | 1250 Ocean Drive, South Beach. A 1941 three-storey Art Deco hotel by Kiehnel & Elliott, contributing to the Miami Beach Architectural District. Completely unrelated. |
72 Carlyle is Lefferts’ third North Beach condominium. 72 Park was its first; PALMA Miami Beach Residences at 600 71st Street, which broke ground in December 2025, is its second.
What Is Planned
Ground-up new construction — not a conversion, not a historic restoration. Roughly 240,000 square feet across 20 storeys with 134 residences, one to three bedrooms, and more than 45,000 square feet of amenities. The site is given as 30,750 square feet in one account and as a four-frontage assemblage across 72nd Street, Carlyle Avenue, Dickens Avenue and 71st Street in another.
Lefferts, led by Mendy Chudaitov, is the developer, in a joint venture that includes GFO Investments (Galbut family), MMG Equity Partners, Matis Cohen, Russell Galbut, and principals of Cassena Care. Title on the primary parcel is held 50/50 by 72ND AND CARLYLE INVESTMENTS LLC and KG 72ND LLC.
Arquitectonica is the architect named in the design approval and still credited by the developer. Piero Lissoni is credited with the design and interiors, including all 45,000 square feet of amenity space. Note that one outlet describes Lissoni flatly as “the architect” while the developer and others treat Arquitectonica as architect and Lissoni as designer — worth confirming which drawings the offering documents attach. Sales are through the Eklund | Gomes Team at Douglas Elliman.
“This is like NoHo 10 years ago I would say.”
Fredrik Eklund, Douglas Elliman — September 2025
The Miami Beach Design Review Board approved the project 5–0 on 13 November 2023, under the name 72B.
Where It Actually Stands
Construction has not started. That was stated explicitly in September 2025 — “construction has not yet started on 72 Carlyle, though the Eklund Gomes Team at Douglas Elliman has recently launched sales” — and the most recent reference, from May 2026, still describes the tower in the future tense: it “is planned for 600 72nd Street.”
The county tax roll corroborates it. The 600 72nd Street parcel carried a building value of $513,665 on the 2024 assessment roll and $0 on both the 2025 and 2026 rolls, with total value now entirely land. That pattern is consistent with the existing structure having been demolished and no new building yet assessed.
The schedule has slipped badly. Groundbreaking was announced for summer 2024. It had not happened fifteen months later, and there is no evidence it had happened by May 2026 — at least two years late. The stated 2027 completion is therefore not achievable, and no credible source has published a replacement date.
⚠️ On the “2028 delivery” you will see quoted: it does not appear on the developer’s site, the official project site, or in any credible publication. It appears only on listing-aggregator and brokerage-marketing sites. Treat it as unverified.
One contextual point that carries weight: the same developer publicly announced PALMA’s groundbreaking in December 2025. So Lefferts announces groundbreakings when they happen. No such announcement exists for 72 Carlyle.
No construction loan has been reported — no lender, no amount, no closing. For comparison, 72 Park across the street carried a $97.5 million construction loan taken in 2022.
Pricing, and the Silence on Sales
$1.8 million to $10 million, one to three bedrooms — confirmed at launch in September 2025 and reconfirmed in May 2026.
The per-unit detail, from September 2025: the smallest unit is 770 square feet from $1.8 million, roughly $2,338 per square foot. At the top, a three-bedroom of 6,276 square feet listed at $10 million, roughly $1,594 per square foot. No penthouse is identified and no penthouse price has been published — the $10 million unit is described as a three-bedroom, not a penthouse.
⚠️ Two pricing cautions. First, that per-unit detail is now eleven months old; only the coarse $1.8M–$10M band has been confirmed in 2026. Second, listing-aggregator sites advertise an entry price of $1.12 million, which contradicts the $1.8 million floor reported by credible outlets. That figure is unverified — get a current dated price sheet rather than relying on either.
“The price point is really the sweet spot in this market.”
Mendy Chudaitov, founder, Lefferts — September 2025
And then the silence. No sold percentage, contract count, dollar volume or absorption rate has ever been published for 72 Carlyle — eleven months after sales launched. That absence is itself information. The same developer’s 72 Park had its velocity reported readily: 90% sold with 40 deeds recorded as of March 2025. The outlets cover this metric for Lefferts projects when the number is available.
What to Verify Before You Sign
North Beach is a genuinely improving submarket and Lissoni is a serious designer. These are the questions I would want answered in writing before a deposit moves.
1. Is there a construction loan, and when does construction start? Neither is on the public record. Deposits are being taken on a project with no publicly known construction financing.
2. What is the contractual delivery date and your remedy if it passes? The published date has lapsed with no replacement.
3. Who is the actual developer entity? The official terms page expressly separates the marketing brand from the contracting party — purchasers are told to “look solely to the Developer,” a separate entity from Lefferts Investments LLC. Identify it in the §718.503 documents.
4. Search under both names and both LLCs. Permits, approvals, liens and litigation should be run under 72B and 72 Carlyle, and under 72ND AND CARLYLE INVESTMENTS LLC and KG 72ND LLC.
5. Confirm the approved unit count. The design approval was for 125 units; the building is now marketed as 134. No modification hearing has been reported. Nine extra units changes density and amenity ratios.
6. Do not assume short-term rentals are permitted. 72 Park across the street was explicitly marketed as short-term-rental-friendly. That has never been reported for 72 Carlyle. If rental flexibility is part of your case, get it in writing.
7. Ask about the storey count. Twenty is the weight of evidence and matches the approved design, but 19 has been published once and one outlet printed a plainly erroneous 70. No credible source has ever published a height in feet.
North Beach Around It
North Beach was rezoned in 2017 to allow greater density, and that is what triggered the current wave. The wave is now substantial: Lefferts alone is delivering 72 Park (across the street, ~90% sold), PALMA (under construction since December 2025) and 72 Carlyle, and new entrants arrived through 2026 — Finvarb launched a short-term-rental condo in May 2026, and Kolter assembled North Beach condos in July 2026.
That is four or more competing supplies within a few blocks, from one developer plus others. For a buyer, the relevant question is not whether North Beach improves — it is whether your building delivers before the neighbours absorb the same buyer pool.
The wider picture is on Miami Beach, Surfside just north, and the full new construction pipeline. Market context is in Miami luxury condos.
If you want the financing and start-date questions answered properly before you commit, start a conversation.
Verified 4 August 2026
- Address — 600 72nd Street / 7130 Carlyle Avenue, North Beach, Miami Beach, FL 33141. Formerly filed as 72B.
- Storeys — 20 (also published as 19; one clearly erroneous report of 70). No height in feet has ever been published.
- Residences — 134 as marketed; 125 as approved by the Design Review Board in November 2023
- Type — ground-up new construction, ~240,000 sq ft, 45,000+ sq ft of amenities
- Developer — Lefferts with GFO Investments, MMG Equity Partners, Matis Cohen, Russell Galbut · Architect — Arquitectonica · Design and interiors — Piero Lissoni
- Status — construction not started. County tax roll shows $0 building value for 2025 and 2026.
- Delivery — the published 2027 date has lapsed. No replacement published. Any “2028” is unverified.
- Pricing — $1.8M to $10M. Smallest unit 770 sq ft (~$2,338/sq ft); largest reported 6,276 sq ft at $10M.
- Sales — no figure ever published, eleven months after launch
- Construction loan — none reported
Checked 4 August 2026. Ask me to re-verify before relying on any line of it.
72 Carlyle Miami Beach: frequently asked questions
Is 72 Carlyle the same as 72 Park?
No. They are different buildings by the same developer, directly across the street from each other. 72 Park is at 580 72nd Street, has 206 units, permits short-term rentals, topped off in 2023 and began closings in March 2025. 72 Carlyle is at 600 72nd Street, has 134 planned units, and construction has not started. Neither is The Carlyle at 1250 Ocean Drive, which is a 1941 Art Deco hotel in South Beach.
Is 72 Carlyle under construction?
No. Construction had not started as of the most recent reporting in May 2026, and the Miami-Dade tax roll shows $0 assessed building value on the parcel for both 2025 and 2026. Groundbreaking was originally announced for summer 2024, making it at least two years late.
When will 72 Carlyle be completed?
There is no current answer. The originally published 2027 completion has lapsed and no credible source has published a replacement date. The 2028 delivery advertised on listing sites does not appear on the developer’s own site or in any credible publication and is unverified.
How much do residences at 72 Carlyle cost?
$1.8 million to $10 million, one to three bedrooms, confirmed at the September 2025 launch and again in May 2026. The smallest unit is 770 square feet from $1.8 million, about $2,338 per square foot. A $1.12 million entry price advertised on aggregator sites contradicts credible reporting and is unverified.
How much of 72 Carlyle has sold?
No sold percentage, contract count or dollar volume has ever been published — eleven months after sales launched. That is notable because the same developer’s 72 Park had its velocity reported readily, at 90% sold with 40 deeds recorded as of March 2025.
Does 72 Carlyle allow short-term rentals?
Not confirmed. 72 Park across the street was explicitly marketed as short-term-rental permitted, but no credible source has reported that attribute for 72 Carlyle. Do not assume it transfers — get it in writing.
Who designed 72 Carlyle?
Arquitectonica is the architect named in the 2023 Design Review Board approval and still credited by the developer. Piero Lissoni is credited with the design and all 45,000 square feet of amenity interiors. One outlet describes Lissoni as the architect outright — confirm which drawings the condominium documents attach.
Sources and further reading
- The Real Deal — Lefferts Kicks Off Sales for Third North Beach Condo ProjectThe sales launch, 134 units, $1.8M–$10M pricing, the JV partners and the Lissoni credit. Published 17 September 2025.
- Florida YIMBY — 72 Carlyle to Comprise 134 Luxury HomesThe explicit statement that construction had not started, the site size, unit detail and per-square-foot pricing. Published 20 September 2025.
- The Real Deal — Finvarb Launches Short-Term Rental Condo in North BeachThe most recent reference to 72 Carlyle, still in the future tense, with pricing reconfirmed. Published 27 May 2026.
- The Real Deal — Joint Venture Gains Design Approval for Miami Beach Condo ProjectThe 5–0 Design Review Board approval as “72B”, the 125-unit approved count, the assemblage and the $14.3M land basis. Published 21 November 2023.
- The Real Deal — Lefferts Starts Closings for First North Beach Condo Project72 Park’s completion, its 90%-sold figure and its $97.5M construction loan — the comparison point for this project. Published 10 March 2025.
- PROFILEmiami — Lefferts Files Plans for 72B Miami BeachThe original 72B filing, the 125-unit count and the 2024 groundbreaking / 2027 completion targets. Published 3 August 2023.
- Florida YIMBY — Ground Breaks on PALMA Miami Beach ResidencesThe same developer’s December 2025 groundbreaking — evidence that Lefferts announces starts when they happen. Published December 2025.
- Miami-Dade Property Appraiser — folio 02-3211-002-0250Public assessment record showing building value falling from $513,665 (2024) to $0 (2025 and 2026), and the 50/50 ownership by 72ND AND CARLYLE INVESTMENTS LLC and KG 72ND LLC. Retrieved 4 August 2026.
- 72 Carlyle — official terms and conditionsThe developer’s own disclosure that the offering is made by a separate “Developer” entity and that purchasers must look solely to it, not to Lefferts. Accessed 4 August 2026.