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1527 Washington Ave, Miami Beach FL 33139

Comercial En Venta
$7,500,000

BTC: 115.88380717

ETH: 3,941.89126687

Nuevo
0 room(s)

Visión general

RESTAURANT OR Club Madonna – Iconic South Beach Property Now Offered for Sale The home of the legendary Club Madonna, an iconic gentlemen’s club located in the heart of South Beach, is now being offered for sale for the first time in more than half a century. Owned and operated by Leroy Griffith, a pioneer of the burlesque entertainment era, the property represents a rare and historic opportunity in one of the most famous nightlife destinations in the world. After decades of ownership, Mr. Griffith has elected to retire, creating a once-in-a-lifetime opportunity to establish the next generation of a globally recognized South Beach institution. This offering includes the real estate that houses Club Madonna, which is uniquely significant as the only property in the City of Miami Beach where live adult entertainment is permitted under the City’s zoning code. For decades, this celebrated venue has been the only live adult entertainment club on historic Miami Beach, drawing visitors from around the world. The property consists of a 1948 two-story building, along with an adjacent structure of approximately 600+ square feet, presenting significant opportunities for modernization, expansion, and repositioning. With thoughtful redevelopment, the site has the potential to become one of the top-rated adult entertainment venues in the industry OR RESTAURANT! truly a rare chance to acquire a landmark property in one of the most internationally known destinations in the United States.

Ubicación

Detalles

Tipo:
Commercial Sale
Estacionamiento:
Sin datos
Año de construcción:
Sin datos
Lote:
0.20 Hectáreas
Calefacción:
Sin datos
precio por sq. medidor:
Sin datos
Enfriamiento:
Sin datos
HOA:
Sin datos

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,995,000
$984K – $8.1M
Confidence Low
List vs. estimate
$2.5M above estimate
List $7,500,000 · +50.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $253K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Destacados

Annual tax
$74,529
Más hechos y características
  • Lote

    • Lote: 0.20 Hectáreas

    Otra Información de Propiedad

    • Número de Parcela: 02-32-34-019-1160

    • Zonificación: 6400

  • Tipo y estilo

    • Tipo de propiedad: Commercial Sale

    • Subtipo de propiedad: Restaurant/Entertainment

  • Otra información financiera

    • Importe anual de impuestos: $74,529

  • Detalles de la fuente

    • MLS ID: A12072971

    Otros hechos

    • Características del lote: Central Business District

Consulta privada
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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 ©2026-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: Brickell Investment Realty