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In-PersonVirtual Tour
$ 450,000
Est. payment | /mo
5,133 SqFt
$ 450,000
Est. payment | /mo
5,133 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,133 sqft
Price per Sqft $87
MLS Listing ID A12107199
HOA Y/N No
Year Built 1931
Property 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.
Location
State FL
County Miami-dade
Area 32
Zoning 6501
Exterior
Private Pool Yes
Building
Lot Description Flood Zone
Others
Tax ID 02-32-34-008-1050
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12107199
Listed by COSMORE Florida Corp.
Nearby Locations
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