$450,000
( $87.67Per Sq Foot )
 $2,416 est/mo Sourced by Back At You

1228 Collins Avenue,Miami Beach, FL 33139

Miami Beach, FL 33139

Share:

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.

Details

MLS #A12107199
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1931
Days On Site20
Listing Provided ByCOSMORE Florida Corp. | Piero Ruggeri

Features

SQ Feet5,133
Zoning6501

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2320
Listing VS Median (in 33139)
Price:
$450,000
low | high
Med:
$199,000
100% of Average
sqft:
5,133
low | high
Med:
456
100% of Average
$ / sqft:
$88
low | high
Med:
$436
100% of Average
On site:
20
low | high
Med:
185
10.810810810811% of Average
Sourced by Back At You

Market Activity 33139

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Premium at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by Beaches MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Beaches MLS. All Rights Reserved.

Contact

Learn More About This Property

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2320
Listing VS Median (in 33139)
Price:
$450,000
low | high
Med:
$199,000
100% of Average
sqft:
5,133
low | high
Med:
456
100% of Average
$ / sqft:
$88
low | high
Med:
$436
100% of Average
On site:
20
low | high
Med:
185
10.810810810811% of Average
Sourced by Back At You
Listing Updated: October 30, 2026 at 8:26:36 PM PDT