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5445 Collins Ave, Miami Beach FL 33140

Commercial Active With Contract
$3,900,000

BTC: 62.90322581

ETH: 1,306.53266332

97 days
Waterfront
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

One of the historically most significant entertainment venues in Miami Beach, the former Playboy Plaza Hotel Theater, located within today’s Castle Beach Club on Collins Avenue, is now offered for sale. Developed in 1970 as part of Hugh Hefner’s swanky Playboy Plaza Hotel, the theater was the favorite hot-spot for local and visiting celebrities, offering live shows by Sammy Davis Jr. and many others. It was showcased in Gloria Estefan's hit song "Hotel Nacionel" as well as the hit movie "Rock of Ages". The venue’s illustrious past in later years continued under various operators as a luxury cabaret, cinema or dinner club. Vacant for a number of years now, the property provides a rare opportunity to recreate its rich past or repurpose the approximately 19,000 SF space.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1966
Lot:
19077 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Flooring

    • Carpet

    • Marble/Slate Floors

  • Lot

    • Lot: 19077 Square Feet

    Other Property Information

    • Parcel Number: 02-32-14-021-5400

    • Zoning: 4100

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Restaurant/Entertainment

  • Other financial information

    • Annual tax amount: $18,526

  • Source details

    • MLS ID: A11365510

    Other facts

    • Waterfront: Yes

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Opera REI Inc