1228 Collins Ave, Miami Beach, FL 33139

$450,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$450,000
MLS#
A12107199
Status
ACTIVE
Type
Commercial

Property Description

Established Mediterranean seafood restaurant on Collins Ave in the heart of South Beach, steps from the ocean in the Art Deco District. Approx. 1,800 SF, 66 seats plus terrace, 2COP beer & wine license, renovated in 2025. Gross sales approx. $1.8M (2024) and $1.4M (2025, with a 6-week renovation closure). Long lease: 7 years remaining plus a 10-year option, $14,500 NNN with 4% annual increases. 9 trained employees willing to stay. Price includes furniture, recipes, website and social media. 2-month training and seller financing up to 30%. Can be acquired together with a second restaurant (Casa Mexicana, 4COP) for $800,000 combined.

Additional Information

Days on Market
12
Water Access
Furniture/Fixtures, Business Only
Parcel Number
02-32-34-008-1050
Address
1228 Collins Ave, Miami Beach
Year Built
1931
Section
34

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of COSMORE Florida Corp., Contact: