Property 1228 Collins Avenue, Miami Beach, FL 33139 for sale with MLS# A12107199

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.

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1228 Collins Avenue, Miami Beach, FL 33139

Price
Price:
$450,000.00
Original List Price:
$450,000.00
List Price per Sq Ft (Calculated, Approx.):
$87.66
Business Info
Year Established:
3
Years Current Owner:
3
Special Licenses:
Beer/wine
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Restaurant
Listing Category:
Business Opportunity
Description of Last Important Update:
New Listing
Last Major Update on:
October 15, 2026 4:00 am
Measures
Built-Up Area:
5,133 Sqft
Property Features
Waterfront:
No
Construction
Year Built:
1931
Structure Type:
Hotel/motel
Flood Zone Code:
AE
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Owner Will Carry Points
Zoning and Legal
Tax Legal Description:
OCEAN BEACH ADD NO 2 PB 2-56 LOT 5 BLK 28 LOT SIZE 50.000 X 140 COC 25153-2572 11 2006 6
Real Estate Folio Number (Parcel Number):
0232340081050
Zoning:
6501
Listing History
Active on the market since:
October 15, 2026
Listing Agreement executed on:
October 15, 2026
Listing Status Last Changed On:
October 15, 2026 4:00 am
Photos updated on:
October 15, 2026 7:39 pm
Last Modified:
October 15, 2026 11:07 pm
Additional Information
Courtesy of:
COSMORE Florida Corp.
Attribution:
Not provided
Location
Street Name:
Collins
Street Number:
1228
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 0.3''
Longitude:
W81° 52' 6.9''
Street Suffix:
Avenue
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406
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Association of REALTORS®
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