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Active - Other for sale

1238 Collins Ave, Miami Beach FL 33139

Facts & features

Other Property type
29 days on Beycome
1924 Year built

Why you’ll love it

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.

Translating description...

Listings courtesy of COSMORE Florida Corp..

Listed by: Piero Ruggeri • 305-450-2097 • COSMORE Florida Corp.

Co-listed by: COSMORE Florida Corp.

Source: Miami MLS, MLS#: A12107209 Miami MLS logo

Based on info available as of Nov 12, 2026 at 7:10 PM EST.

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Affordability

$360,000$745,000
1%20%
0%90%
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Estimated monthly payment

$2,781/mo

  • Mortgage$2,781
  • Property tax$0
  • HOA fee
  • Homeowners insurance
Due at closing$437,250
Down payment held in escrow$110,000
Closing costs$8,250
beycome credit Est.$11,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Miami Beach

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 12, 2026 at 07:10pm EST.

$550,000 Listed price

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