Lefferts Leads North Beach’s Quiet Renaissance

For decades, North Beach existed just beyond Miami Beach’s spotlight. Tucked between the Atlantic and Biscayne Bay, stretching from 63rd to 87th Streets, the neighborhood, known to locals as NoBe, moved at its own rhythm. Less glossy than South Beach, more intimate than Mid-Beach, it was defined not by spectacle, but by substance. Miami Modernist architecture, family-run restaurants, walkable streets, and a tight-knit community that prized livability over the hype.

Today, that restraint is precisely what makes North Beach Miami Beach’s next frontier.

Unlike the boom-and-bust cycles that reshaped other parts of the city, NoBe’s evolution has been deliberate. Its long-standing cultural anchors—the Miami Beach Bandshell, Normandy Fountain, North Shore Park, and Normandy Shores Golf Club—have quietly sustained daily life for generations. Public investment has begun to amplify that foundation, from plans for the $53.8 million 72nd Street Community Complex to the revitalization of the historic Byron Carlyle Theater. New cultural energy has followed, including La Poubelle, recently named Best New Performance Venue by Time Out Miami, and the forthcoming Argentine Football Association training facility, positioning the neighborhood on an international stage.

Yet the moment North Beach shifted from overlooked to inevitable can be traced back to 2019, when Lefferts entered the building.

Betting on NoBe Before It Was Obvious

When Lefferts founder Mendy Chudaitov expanded his development efforts from New York City into South Florida, North Beach was still largely untouched by the wave of investment transforming Miami Beach. But Chudaitov recognized something others hadn’t yet acted on: a rare combination of community, walkability, and untapped potential.

Crucially, he moved quickly after voters approved an increase in floor area ratio within the North Beach Town Center—a regulatory change that made thoughtful, modern development financially viable for the first time. Rather than waiting for momentum to build, Lefferts leaned in early, launching a three-project vision that would introduce new residential inventory while respecting the neighborhood’s scale and character.

That early conviction helped change perceptions, not just among buyers, but among the broader development community.

A New Residential Chapter

Lefferts’ influence in North Beach is anchored by three condominium projects, each shaping a different dimension of the neighborhood’s resurgence.

Completed in March 2025, 72 Park stands as a milestone: a 22-story, 206-unit luxury tower and one of the first new residential high-rises delivered in North Beach in decades. Designed by Built Form with Urban Robot Associates, the building balances vertical ambition with lifestyle-driven design. Its 35,000-square-foot amenities deck includes a 150-foot resort-style pool, a 24/7 coworking lounge, and a state-of-the-art fitness center. Above it all, a 360-degree rooftop—the only of its kind in Miami Beach—offers panoramic views of both the Atlantic Ocean and the Intracoastal, transforming the skyline into a shared living room.

Down the street, PALMA Miami Beach Residences, now under construction, leans into a more boutique sensibility. With 126 residences across 14 stories, the project emphasizes wellness and flexibility—cold plunges, Technogym fitness, indoor-outdoor lounges, and no minimum rental restrictions. Half of the building has already sold, signaling strong demand from buyers drawn to North Beach’s livable pace and growing cachet.

Most recently, Lefferts launched 72 Carlyle, a 20-story condominium designed by Italian architect Piero Lissoni. With expansive terraces, spa-level amenities, a padel court, wine cellar, private beach access, and thoughtfully programmed social spaces, the building positions North Beach firmly within Miami Beach’s luxury conversation—without abandoning its neighborhood soul.

Walkability as a Lifestyle, Not a Buzzword

Beyond residences, Lefferts has helped reinforce one of North Beach’s most enduring strengths: walkability. Ground-floor retail and dining were never treated as afterthoughts. The arrival of Ezio’s, an Italian steakhouse from the team behind New York’s Roberta’s, adds contemporary energy to a dining scene already beloved for institutions like Café Prima Pasta, Banchero, Manolo, and Buenos Aires Bakery—now joined by newer favorites and Michelin-recognized destinations nearby.

For Chudaitov, the appeal is personal and practical. Buyers from New York and Europe, he notes, gravitate toward neighborhoods where daily life unfolds on foot. North Beach already had that DNA; Lefferts’ developments simply amplified it.

From Hidden Gem to Closely Watched Neighborhood

Lefferts’ early investment didn’t just add buildings, it catalyzed belief. In its wake, a wave of additional projects has followed, from boutique condominiums and reimagined hotel sites to mixed-use developments and cultural destinations like Palm Tree Club by DJ Kygo.

Yet North Beach remains distinctly itself. It’s still quieter than South Beach, still grounded in community, still defined by parks, culture, and neighborhood rituals. The difference is that now, the rest of Miami Beach is paying attention.

In an era when growth often erases character, North Beach’s renaissance offers a different model built on patience, precision, and respect for place. And at the center of that transformation is a developer who understood that the future of Miami Beach wouldn’t be louder or faster, but more livable.

For more information, please reach out to HL Real Estate Group. Please contact our offices at 786-746-7016.