Palma Miami Beach Residences

Miami Beach receives 10.9 million visitors a year, and a significant share of them stay in hotels instead of vacation rentals, according to market data cited by the developer (not a PFS guarantee or projection). Palma adds to that fully furnished residences with no minimum rental restriction, in a LEED Gold building steps from the North Beach shore.

The residences have no minimum rental restriction and arrive fully furnished. On short-term rentals, the developer's own materials are precise: it is allowed as of the date of that document, subject to each owner obtaining a certificate of use from the City of Miami Beach, and with no guarantee that current rules will stay the same in the future. Before you sign, we confirm the current rules against the condominium and city documents. If you'd also like us to manage the property after closing, we do that too.

The developer publishes one-bedroom residences between 405 and 573 interior sq ft, two-bedroom between 620 and 889 sq ft, and penthouses between 414 and 1,342 sq ft. In total there are 126 residences, with 1 to 2 bathrooms. The full typical floor, with its 12 residences, is in the table on this page.

Each residence arrives fully finished and furnished by Studio Ramirez, with imported European cabinetry and the full Bosch appliance package. Ceilings range from 9 to 10 feet with floor-to-ceiling sliding doors in impact-resistant glass, and each residence has a private balcony. Air conditioning is central, and the stacked washer-dryer comes included.

The plan is 10% at reservation, 10% at contract, 10% at construction start, 10% at structure completion, 10% at the pool foundation pour and the remaining 50% at delivery. Estimated delivery is the fourth quarter of 2027. In pre-construction, dates shift, so confirm it with us and against the contract before signing instead of taking it from a website.

Yes. You do not need US residency or citizenship to buy. There are banks that lend to foreign buyers, usually with a larger down payment than for a resident, and we connect you with them. We are not financial advisors: what we do is guide you through the process and put you in front of the real financing options, on the terms each bank confirms to you in writing.

PFS Realty is a single company for the whole process: financing, purchase, property management and insurance. We have spent more than 24 years working with buyers from Colombia, Mexico, Venezuela and the rest of Latin America, in their own language and with support before and after closing. You do not have to coordinate a separate bank, broker, manager and insurer yourself.