Developer Robert Finvarb Cos. revealed NoBe PARC Miami Beach a 15-story, 232-unit condominium tower planned for a 1.24-acre site at 7140 Abbott Avenue in Miami Beach's North Beach neighborhood, with completion targeted for Q4 2028. Units range from 375 to 849 square feet across studios through three bedrooms, priced from $570,000 to $2 million, all delivered fully furnished by Crate & Barrel with private terraces. The project's defining commercial feature is short-term rental permission under North Beach's area-specific zoning — a distinction that positions the building as an investment-oriented condo-hotel play at the accessible end of Miami Beach's luxury spectrum. Architecture is by Arquitectonica and The Architects Group; interiors by V Starr. The 1.24-acre site has been cleared for new construction.
NoBe PARC Miami Beach joins a growing list of short-term rental-permitted condo projects targeting international investors who want Miami Beach lifestyle access combined with yield generation. North Beach's zoning flexibility on short-term rentals creates a structural pricing advantage over South Beach and Mid-Beach product, where equivalent rental permissions are not available. The $570K entry point also opens the project to a significantly wider pool of buyers than the ultra-luxury tier — including buyers from LATAM and Europe who are price-sensitive to South Beach's $1,500–$2,000/sq ft baseline but still want a Miami Beach address and STR income potential. The Q4 2028 delivery timeline, shared with Finvarb's Hyatt Centric Wynwood, positions the developer for back-to-back deliveries in two of Miami's most active hospitality-residential submarkets.
What is the project and who developed it?
NoBe PARC Miami Beach, developed by Robert Finvarb Cos. at 7140 Abbott Avenue in the North Beach neighborhood of Miami Beach — a 15-story, 232-unit condominium tower planned for completion in Q4 2028.
What are the unit sizes and prices?
Studios, junior one-bedrooms, one-, two-, and three-bedroom layouts ranging from approximately 35 to 79 square meters (375 to 849 sq ft), priced from $570,000 to $2 million. Each unit includes a terrace and comes fully furnished by Crate & Barrel.
What makes this project distinctive for buyers?
Owners have the option to offer their units as short-term rentals — a permission granted by North Beach's area-specific zoning laws, which are less restrictive than other Miami Beach neighborhoods. This makes NoBe PARC a direct buy-and-rent investment play for buyers seeking yield alongside personal use.
What amenities are planned?
A fifth-floor amenity level with a swimming pool, fitness center, gaming lawns, and additional resident programming. The rooftop features a sunset lounge, yoga space, and semi-private gathering areas.
Who designed the building and what is the developer's track record?
Arquitectonica and The Architects Group (architecture); V Starr (interiors). Robert Finvarb Cos. also has the Hyatt Centric Wynwood — an 8-story, 116-key hotel — in its South Florida pipeline, also targeting a Q4 2028 completion.