1228 Collins Ave, Miami Beach FL 33139
Miami Beach, FL 33139
$450,000
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- Price
- $450,000
- Property type
- Business Opportunity
- Year built
- 1931
- MLS number
- A12107199
This listing is courtesy of COSMORE Florida Corp., 786-536-2344.
About this property
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
- Property type
- Business Opportunity
- Year built
- 1931
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC