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Active Business Opportunity
$159,500
929 Collins Ave, Miami Beach FL 33139, Miami Beach, FL 33139
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
2021
Year Built

About This Property

Prime Turnkey Full-Kitchen Restaurant for Sale + Retail Space Available for Lease at 929 Collins Avenue, Miami Beach.

Iconic South Beach flagship opportunity just one block from Ocean Drive! This fully renovated two-story restaurant building (Building 1) features a complete commercial kitchen and is ready for a new operator to take over or for the owner to lease to a qualified restaurateur or retailer.

Turnkey full commercial kitchen on one or two-floor layout ideal for high-volume operations — breakfast-to-late-night service, full-service dining, private events, or specialized concepts (Italian, Asian fusion/hibachi, brunch, cafe, etc.).

Large outdoor terrace + prominent Collins Avenue signage with heavy foot and vehicle traffic for instant visibility and al fresco seating.

Property Details

Property Type Business Opportunity
Days on Market 14 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Assigned Schools

Verify with District ↗
School Grades Address Report Card
Miami Beach Fienberg/Fisher K-8 Center
Elementary 305-531-0419
PK-8
1420 Washington Ave., Miami Beach, FL 33139
Nautilus Middle
Middle 305-532-3481
6-8
4301 N Michigan Ave., Miami Beach, FL 33140
Miami Beach Senior High
High School 305-532-4515
9-12
2231 Prairie Ave., Miami Beach, FL 33139

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Comparable Sales

10 closed sales · 1-mile radius · last 12 months · Miami Beach

Est. Market Value
$21,460,974
Range: $14,425,000 – $25,000,000
Listed 99.3% below estimated market value — $21,301,474 under comps. Strong value.
Address
Closed
Price
Beds
Baths
Sqft
vs Ask
6640 Allison Rd, Miami Beach FL 33141
INDIAN CREEK SUB,ALLISON ISLAND · 1992
$16,500,000
Jul 21, 2025
$18,500,000
$1,852/sf
8
9
8,911
-10.8%
4340 N Bay Rd, Miami Beach FL 33140
NAUTILUS SUB · 2008
$25,000,000
Mar 16, 2026
$30,000,000
$2,858/sf
6
8
8,748
-16.7%
5681 Pine Tree Dr, Miami Beach FL 33140
BEACH VIEW SUB · 1935
$8,250,000
Oct 10, 2025
$8,999,000
$1,277/sf
8
8
6,458
-8.3%
7133 Fisher Island Dr # 7133, Miami Beach FL 33109
PALAZZO DEL MARE AT FISHER,PALAZZO DEL MARE AT · 2007
$14,425,000
Apr 24, 2026
$16,980,000
$2,053/sf
6
6
7,025
-15%
5515 Pine Tree Dr, Miami Beach FL 33140
BEACH VIEW SUB · 2025
$23,750,000
Apr 16, 2026
$25,900,000
$3,394/sf
7
9
6,997
-8.3%
5077 N Bay Rd, Miami Beach FL 33140
LA GORCE GOLF SUB · 1981
$8,750,000
Feb 6, 2026
$8,750,000
$1,244/sf
7
7
7,034
+0%
6620 Allison Rd, Miami Beach FL 33141
INDIAN CREEK SUB · 1968
$21,000,000
Jan 14, 2026
$25,000,000
$3,207/sf
7
7
6,549
-16%
7093 Fisher Island Dr # 7093, Miami Beach FL 33109
PALAZZO DEL SOL/DELLA LUN · 2016
$36,000,000
Dec 24, 2025
$36,000,000
$3,784/sf
7
9
9,514
+0%
16 Palm Ave, Miami Beach FL 33139
PALM ISLAND · 1930
$22,850,000
Nov 21, 2025
$24,900,000
$2,481/sf
6
7
9,209
-8.2%
1821 W 27th St, Miami Beach FL 33140
SUNSET ISLANDS-ISLAND NO · 1940
$34,000,000
Oct 14, 2025
$37,500,000
$4,956/sf
7
7
6,860
-9.3%
$21,925,000
Median Sale
$20,784,375
Trimmed Avg
$2,613/sf
Avg $/sqft
10 sales
Comps Found

Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.

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