By Elizabeth Costa | Top Real Estate Agent in Doral & Miami | The Keyes Company
15+ years of experience · 300+ closed transactions · Bilingual: English & Spanish
Exclusive Member of Forbes Global Properties · Founding Member of Luxury Portfolio International
★ 5.0 · 83 Google reviews
Last updated: November 4, 2026
Can you buy a condo at 7200 Collins and rent it out?
Yes, 7200 Collins is designed for both owner use and short-term rentals. It is a 12-story building in North Beach, Miami Beach, with 222 fully furnished residences from junior one-bedrooms to two-bedroom plus den. Starting prices are in the $600Ks, 96% of units were under contract by July 2026, and completion is targeted for late 2027.
Key Takeaways
- 222 fully furnished residences in a 12-story building at Collins Avenue and 72nd Street, North Beach (Florida YIMBY, March 2026).
- Sales launched in April 2025 with prices from $600,000; current starting prices quoted by the developer are in the $600Ks.
- 213 of 222 units (96%) were under contract by July 2026, so few new units remain (Florida YIMBY, September 2026).
- Construction started in March 2026, backed by an $85 million Deutsche Bank construction loan; completion is targeted for late 2027 (Commercial Observer, July 2026).
- To rent for short stays in Miami Beach, you also need a city Certificate of Use, a Business Tax Receipt, a resort tax registration, and a state license (City of Miami Beach).
7200 Collins, North Beach, Miami Beach. Figures from developer announcements reported by Florida YIMBY and Commercial Observer, 2026.
Owning in Miami Beach, using it when you are here, and renting it when you are away: that is the idea behind 7200 Collins. I am Elizabeth Costa, Real Estate Agent with The Keyes Company. I work with buyers as their agent, not as the developer's sales team. Here is what is confirmed about the building and what to check before you sign. For other options, see my Miami Beach real estate page.
Watch my 7200 Collins reel
See my short video on the building and what it offers buyers who want flexibility: 7200 Collins reel on Instagram.
In This Guide
What Is 7200 Collins?
7200 Collins is a new condominium under construction in North Beach, steps from the beach and the Miami Beach Bandshell, between Mid-Beach and Surfside. Every residence is delivered furnished, so you can use it or rent it from the day you close.
| 7200 Collins at a glance | Details |
|---|---|
| Address | 7200 Collins Avenue, Miami Beach, FL 33141 (corner of 72nd Street, North Beach) |
| Developer | Northlink Capital |
| Architect and interiors | Revuelta Architecture International; interiors by Adriana Hoyos |
| Building | 12 stories, 222 residences, about 16,800 sq ft of ground-floor retail |
| Residences | Junior one-bedroom, one-bedroom, one-bedroom plus den, two-bedroom plus den |
| Sizes | About 375 to 1,188 sq ft |
| Delivery | Fully furnished, with private terraces, washer and dryer, and smart home technology |
| Starting price | $600,000 at launch (April 2025); current starting prices in the $600Ks |
| Sales status | 96% under contract (213 of 222) by July 2026 |
| Timeline | Construction started March 2026; completion targeted for late 2027 |
| Sales gallery | 7103 Collins Avenue, Miami Beach |
Sources: Florida YIMBY (March and September 2026), Commercial Observer (July 2026), The Mann Report (2025). Prices, availability, rental terms, and deposit structure are set by the developer and can change.
What Amenities Does 7200 Collins Have?
The amenities are spread across three levels, plus the ground floor:
| Level | Amenities |
|---|---|
| Ground floor | Porte-cochere with valet, lobby lounge, bicycle storage, package room, retail on Collins Avenue and 72nd Street |
| 3rd floor: The 7200 Club | Resort pool, BBQ and dining terrace, fitness center, garden, library lounge, owners' lounge, event space |
| 8th floor: Sun Deck | Resort-style pool, self-service bar, city views |
| 12th floor: Vista Terrace | Enclosed lounge, game terrace, outdoor cinema, ocean views |
Source: The Mann Report, October 29, 2025, from the developer's announcement.
Elizabeth's Take
Most buyers who ask me about Miami Beach want the same thing: a place to enjoy when they are here and an income when they are not. Many condo buildings limit or prohibit short stays, so a building designed for rentals from day one is the exception. Before any deposit, I read the rental section of the condo documents with my buyer, line by line, and we price the monthly costs without counting on rental income.
What Do You Need to Rent Short-Term in Miami Beach?
A building that allows short stays is step one. 7200 Collins was planned for it, with linen chutes, housekeeping closets, and a service elevator. To operate a short-term rental in Miami Beach, the city also requires, among other items (City of Miami Beach):
- An approved Certificate of Use and a Business Tax Receipt from the city.
- A letter from the condominium association, dated within 60 days, confirming your unit can be rented short-term.
- A Miami Beach resort tax registration.
- A state license; see the Florida DBPR vacation rental guide.
- A signed acknowledgment that short-term rental use can cost you the homestead exemption. My homestead and portability guide explains it.
Rental income is not guaranteed. Occupancy and nightly rates depend on the season, the management you choose, and association costs, so ask for real numbers before you decide.
7200 Collins vs. NoBe PARC: How Do They Compare?
Both are furnished, rental-friendly condos in North Beach. The main differences are timing and size:
| North Beach furnished condos | 7200 Collins | NoBe PARC |
|---|---|---|
| Floors and residences | 12 floors, 222 | 15 floors, 232 |
| Starting price | In the $600Ks | $570,000 (studio) |
| Largest layout | Two-bedroom plus den | Three-bedroom plus den |
| Delivered furnished | Yes | Yes |
| Designed for short-term rentals | Yes | Yes |
| Sales status | 96% under contract (July 2026) | Launched June 2026 |
| Completion target | Late 2027 | Late 2028 |
Sources: 7200 Collins as above. NoBe PARC: developer website, October 19, 2026, summarized in my NoBe PARC guide (in Spanish).
How to Buy at 7200 Collins: Step by Step
- Confirm availability. With most units under contract, ask for the current list of available residences, floor, view, and price.
- Read the rental rules in writing. Find the short-term rental section in the condominium documents: minimum stay, registration, fees, and any building rental program.
- Review the deposit schedule and escrow. Ask how much is due at signing and later, and how deposits are held under Florida law.
- Use your 15-day review period. In Florida, a buyer can cancel a developer contract within 15 days after signing and receiving the condo documents.
- Estimate your monthly costs. Association fee by unit type, property taxes, insurance, and rental management. Talk to a lender of your choice if you plan to finance.
- Plan the city and state licenses. Certificate of Use, Business Tax Receipt, resort tax registration, and the state vacation rental license.
- Plan your closing. Closing is expected when the building is completed, targeted for late 2027. Budget for buyer closing costs.
Read the Florida condo disclosure law (Fla. Stat. 718.503) and the deposit rules (Fla. Stat. 718.202). The contract must state that oral representations do not replace the developer's written documents. Then review my buyer closing costs guide, my condo buyer guide to milestone inspections and SIRS, and my guide for international buyers.
Buying to use and rent, or buying new? See how I work with buyers: Investment Properties, New Construction Specialist, Real Estate Specialties.
Related Miami Research
- Miami Beach Real Estate
- NoBe PARC Miami Beach: precios y plan de pagos
- Florida Homestead Exemption and Portability
- Buyer Closing Costs in Miami-Dade
Frequently Asked Questions
Sources
- Florida YIMBY: Construction Starts on 7200 Collins (March 2026)
- Florida YIMBY: Foundation Work Underway at 7200 Collins (September 2, 2026)
- Commercial Observer: Deutsche Bank Lends $85M on Miami Beach Condo Tower (July 27, 2026)
- The Mann Report: Sales Launch at 7200 Collins (April 29, 2025)
- The Mann Report: 7200 Collins Amenities and Sales (October 29, 2025)
- City of Miami Beach: Short-Term Rental Requirements
- Florida DBPR: Vacation Rental Licensing Guide
- Florida Statutes 718.503: Developer Disclosure Prior to Sale
- Florida Statutes 718.202: Sales or Reservation Deposits Prior to Closing
Thinking About 7200 Collins? Let's Check What Is Available.
I will request current availability, floor plans, and pricing, and review the rental rules and deposit schedule with you before you sign. Bilingual EN/ES service.
Call or Text (786) 949-3971 |
Elizabeth Costa, Realtor | FL Lic. #3234205 ★ 5.0 · 83 Google reviews Top Real Estate Agent in Doral, Florida | The Keyes Company ☎ (786) 949-3971 ✉ elizabethcosta@keyes.com 📅 Schedule a private consultation 15+ years · 300+ closed transactions · Bilingual EN/ES Office: 4191 NW 107th Ave, Doral, FL 33178 Serving Doral, Miami, Coral Gables, Weston, Pinecrest, and surrounding South Florida communities The Keyes Company: Exclusive Member of Forbes Global Properties · Founding Member of Luxury Portfolio International |
This article is general real estate information, not legal, tax, or investment advice. Prices, availability, rental terms, and deposit structure are subject to change by the developer. Oral representations cannot be relied upon as correctly stating the representations of the developer; refer to the developer's documents required by Fla. Stat. 718.503.