1228 Collins Ave ,Restaurant for Sale & Lease

1228 Collins Ave for Sale & Lease

Price $450,000.00

• Lot size 0
• Year Build 1931
• Waterfront
• Zip 33139
• Style
• Parking Description
• Pool Yes
• Status Active

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.

OCEAN BEACH ADD NO 2 PB 2-56 LOT 5 BLK 28 LOT SIZE 50.000 X 140 COC 25153-2572 11 2006 6

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.

City:Miami Beach,Zoning:6501,List A O R:A-Miami Association of REALTORS,Latitude:25.7834135,List Price:450000,Listing Id:A12107199,Longitude:-80.1314528,Mls Status:Active,Year Built:1931,Inclusions:Furniture/Fixtures, Business Only,Postal Code:33139,Street Name:Collins Ave,Coordinates:1:25.7834135,Photos Count:8,Building Name:Cafe Del Mar Miami,Business Name:Capri Hospitality LLC,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2026-10-15,Parcel Number:02-32-34-008-1050,Property Type:Business Opportunity,Street Number:1228,Public Remarks: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.,Structure Type:1:Restaurant,County Or Parish:Miami-Dade County,Expiration Date:2027-05-15,List Office Name:COSMORE Florida Corp.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4607,Seating Capacity:66,State Or Province:FL,Unparsed Address:1228 Collins Ave, Miami Beach FL 33139,Year Established:3,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AE,Original List Price:450000,Public Survey Range:32,I D X Participation Y N:1,M I A M I R E_ Gross Sales:1400000,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2026-10-15,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:Appointment Only,See Broker Remarks,Street Number Numeric:1228,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,M I A M I R E_ A C Percentage:1,M I A M I R E_ Current Price:450000,M I A M I R E_ Sq Ft Occupied:1800,Public Survey Township:32,M I A M I R E_ Municipal Code:2,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Typeof Business:Restaurant,M I A M I R E_ Internet Remarks:Established Mediterranean seafood restaurant on Collins Ave in the heart of South Beach,M I A M I R E_ Parcel Number M L X:1050,M I A M I R E_ Street View Param:1$25.783418$-80.131421$345.39$13.33$1.00$CAoSFkNJSE0wb2dLRUlDQWdJQ0VyLTZiS3c.,Contract Status Change Date:2026-10-15,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:8,Number Of Full Time Employees:9,M I A M I R E_ Building Name Number:Cafe Del Mar Miami,M I A M I R E_ Lease Term Remaining:1:Options Available,M I A M I R E_ Agent Alternate Phone:305-450-2097,M I A M I R E_ Training Available Y N:1,M I A M I R E_ Inc Exp Statement Period:2025,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1228 Collins Ave,Internet Automated Valuation Display Y N:1,