Property 1238 Collins Avenue, Miami Beach, FL 33139 for sale with MLS# A12107209

Turnkey Mexican restaurant for sale on Collins Avenue in the heart of South Beach's Art Deco District, steps from the beach. Casa Mexicana Miami occupies approx. 2,400 SF on the ground floor of the historic La Flora building, with 82 seats and a 4COP liquor license included. Brand-new restaurant (opened September 2026) with brand-new equipment. Long lease: 10 years plus a 10-year renewal option, with no rent increases for the first 2 years. Sale includes furniture, recipes, website and social media, plus a 2-month transition with the seller; current staff can stay. Seller financing available. Open daily for lunch and dinner.

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1238 Collins Avenue, Miami Beach, FL 33139

Price
Price:
$550,000.00
Original List Price:
$550,000.00
List Price per Sq Ft (Calculated, Approx.):
$30.66
Business Info
Year Established:
2026
Years Current Owner:
3
Special Licenses:
Liquor
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:
17,934 Sqft
Property Features
Waterfront:
No
Construction
Year Built:
1924
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:
3 54 42 34 53 42 OCEAN BEACH ADD NO 2 PB 2-56 LOT 4 BLK 28 LOT SIZE 50.000 X 140 OR 17563-3748 0397 6
Real Estate Folio Number (Parcel Number):
0232340081040
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 7:13 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:
1238
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 0.8''
Longitude:
W81° 52' 7''
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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