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1238 Collins Ave Miami Beach, FL $ 550,000
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1238 Collins Ave
$ 550,000
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1238 Collins Ave

Miami Beach, FL, 33139
$ 550,000
Bedrooms-- Baths-- Sq 17,934

Monthly Estimate*

$ 3,799

1238 Collins Ave, Miami Beach, FL 33139 - Image 1
1238 Collins Ave, Miami Beach, FL 33139 - Image 2
1238 Collins Ave, Miami Beach, FL 33139 - Image 3
1238 Collins Ave, Miami Beach, FL 33139 - Image 4
1238 Collins Ave, Miami Beach, FL 33139 - Image 5
1238 Collins Ave, Miami Beach, FL 33139 - Image 6
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Commercial Property for sale in Miami Beach, FL

for $550,000. This 17,934 square foot building was built in 1924.

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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Commercial Active

Price

$ 550,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1924

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A12107209
Features
General
Year Built 1924
Business Type Restaurant
Business Name Capri Hospitality III
County Miami-Dade
Insurance Expense 0
Property Type Business Opportunity
Status Active
City Miami Beach
Zoning Description 6501
MLS Area 32
Lot Size Units Square Feet
Listing Terms Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12107209
Standard Status Active
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
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Interior
Total Baths 0
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Exterior
Lot Features Flood Zone
Building Area Total 17934
Covered Spaces 0
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* Excluded Features
List By
Cosmore Florida Corp.

Broker

pruggeri@cosmore.com

Email

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$3,799
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Monthly Principal & Interest
$3,799
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
10/15/2026$550,000 Listed Price

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1238 Collins Ave, Miami Beach, FL, 33139 is a Commercial Property for sale at $550,000 with 17,934 sqft. 1238 Collins Ave was built in 1924. The property's zip code is 33139 which is in Miami Beach, FL

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