For Sale
1228 Collins Ave, Miami Beach, FL 33139

$450,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A12107199
  • Virtual Tour: YES
  • List Price: $450,000
  • Year Built:1931
  • Listing Date:October 15, 2026
  • Days On Market:19

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.

Features


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Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker