November 15, 2013
Marina Palms Yacht Club and Residences in North Miami Beach received a 98 million dollar construction loan. The waterfront condo development will consist of two 25-story towers, with a total of 468 units.
The North Tower of Marina Palms broke ground in September of this year, and the developer stated that a vast majority of those units have already sold. The South Tower of Marina Palms just recently opened for presales, with pricing starting at approximately 398 dollars per square foot. The South Tower will break ground in April 2014, and completion is scheduled for late 2015.
In addition to the luxury waterfront condos, Marina Palms will also include a 112-slip, full-service marina and resort-quality amenities.
For more information on Marina Palms Yacht Club and Residences, contact Niki Higgins at +1-888-242-4422.
Source: South Florida Business Journal
