About This Home

This 0-bedroom, 0-bathroom commercial at 1527 Washington Ave in Miami Beach, FL is listed for $7,500,000. on a 0.20 acres lot.

Key Features

  • 0.20 acre lot
Listing Description

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.

Monthly Cost Estimate

$40,112/mo

20% down · 6.5% · 30 years

Principal$5,424
Interest$32,500
Insurance$2,188

Estimates only. Actual payments may vary.

Location

1527 Washington Ave

Miami Beach, FL 33139

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1527 Washington Ave is listed at $7,500,000. The estimated monthly payment is $40,112 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.20 acre lot.

This property is listed by Daniel Burdak and can be reached at 7862863262.

DB

Daniel Burdak

License 0324756

Agent at Brickell Investment Realty

(786) 286-3262
Agent website

Listed by Brickell Investment Realty · Broker phone: 305-372-0114 · Broker website

MLS# A12072971· Source: Miami REALTORS®· 47 days on PropertySimple

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1527 Washington Ave, Miami Beach, FL 33139

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