CENTURY 21 Edge
$159,500

929 Collins Ave, Miami Beach FL 33139, MIAMI BEACH, FL, 33139

Active98 days on marketListed May 8, 2026MLS #A12007886

About this property

The property at a glance

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.

0

Lot sq ft

2021

Year built

6501

Zoning

Lot size0 sq ft
Year built2021
Zoning6501
Business typeFood & Beverage, Lounge, Restaurant
ConstructionBrick · CBS Construction
CoolingCentral Building A/C · Central Individual A/C
Annual taxes$0

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $39,875
Interest rate6.00%
Loan term

Estimated payment

$1,023/mo

Principal & interest$717
Est. property taxes$146
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Moe to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

18,500vehicles / day · 2025South Pointe Dr to Dade Blvd · Traffic count · Florida DOT

What’s nearby

Princess Ann HotelLodging0 mi
Mega PizzaRestaurant0 mi
Tiki Bar Ocean DriveRestaurant0 mi
Stardust HotelLodging0 mi
Sherbrooke All Suites HotelLodging0 mi
Deco WalkLodging0 mi
Cafe BonjourRestaurant0 mi
Havana 1957Restaurant0 mi
Hotel Breakwater South BeachLodging0 mi
The Loft HotelLodging0 mi
Shepherd Artisan CoffeeRestaurant0 mi
Blue Moon HotelLodging0 mi
Edison HotelLodging0 mi
Forever YogurtRestaurant0 mi
Ocean Blue HostelLodging0 mi
Rosetta BakeryGrocery0 mi
The LocustRestaurant0 mi
Bank of AmericaBank0.1 mi
Azteca South BeachRestaurant0.1 mi
The PalaceRestaurant0.1 mi
7-ElevenGrocery0.1 mi
Friendz Food MarketGrocery0.1 mi
CVS PharmacyBank0.1 mi
Tuto & Sons LiquorRetail0.1 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

23,083

Population

$70,404

Median income

41

Median age

2

Avg household

$377,608

Median home value

$1,724/mo

Median rent

1,591

Households w/ kids

Consumer profile

Party LifeTop 3%

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Wealth SignalingTop 4%

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

NetworkingTop 12%

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Pieces of HistoryTop 22%

You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.

Men's StyleTop 22%

This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.

Film LoversTop 23%

Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.

Recent sales

What actually sold near 929 Collins Ave

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

841 W 40th St, Miami Beach FL 33140

$1,855,000

841 W 40th St, Miami Beach FL 33140

Sold Nov 21, 2025

410 W 41st St # 403, Miami Beach FL 33140

$46

410 W 41st St # 403, Miami Beach FL 33140

Sold Oct 1, 2025

1200 West Ave, Miami Beach FL 33139

$155,000

1200 West Ave, Miami Beach FL 33139

Sold Apr 17, 2026

Your team

The pros in your corner

Moe Thouk Oo

Your agent

Moe Thouk Oo

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 929 Collins Ave — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 929 Collins Ave.

See it in person

Schedule a tour

Live availability from Moe's calendar — pick a time and it's booked.

Listing courtesy of FPG Property Partners LLC · Enrique Barton. MLS #A12007886.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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CENTURY 21 Edge
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