Northlink Capital has started construction on 7200 Collins, a 12-story condominium project at 7200 Collins Ave. The development is planned for 222 fully furnished one- and two-bedroom units, each with a private terrace. Building amenities are slated to include two swimming pools, a fitness center, a lounge and event space, and the community will permit short-term rentals.
According to the developer, pricing for the units averages in the mid-$800,000s. The project has already secured strong buyer interest, with 93% of the units reported as pre-sold. Ortega Construction Co. is serving as the general contractor for the development, while Revuelta Architecture International is responsible for the project’s design. Completion of 7200 Collins is anticipated by the end of 2027.
The condominium building will be located across the street from the North Beach Oceanfront Center, providing residents with convenient access to the beach as well as public volleyball and tennis courts. The location positions the project within an established recreational corridor, with direct proximity to oceanfront amenities.
The South Florida Business Journal reports that Northlink Capital acquired the 0.57-acre development site out of foreclosure in 2021 for $17.33 million. The parcel previously contained several retail buildings, which were razed prior to the start of construction for the new residential tower. The foreclosure acquisition and subsequent redevelopment mark a shift in use for the site from retail to condominium housing.
As construction progresses, the combination of a largely pre-sold unit mix, short-term rental permissibility, and a beach-adjacent location underscores the project’s positioning within the local condominium and investor market. The development is moving forward on a clear timeline toward its targeted completion by the end of 2027.
