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1527 Washington Ave

7,700 SF Retail Building Miami Beach, FL 33139 £7,505,095 (£975/SF)

Investment Highlights

  • Only Strip Club allowed on Miami Beach
  • Operations allowed 24 hours

Executive Summary

The home of Club Madonna, the Iconic Gentlemen's Club on Miami Beach in the heart of South Beach, the only real estate in the City of Miami Beach where an adult entertainment establishment is allowed under the City’s Zoning code, is now on the market and poised to be sold for the very first time in over half a century. The legendary Burlesque era pioneer, Leroy Griffith, has decided to retire, providing a unique and once in a lifetime opportunity to create a modern-era successor to the world-famous South Beach institution known as "Club Madonna"! This Live Adult Entertainment Club is, and has been for decades, the only Strip Club on Historic Miami Beach and this 1948 two-story building, along with an adjacent 600 plus square foot structure, offers the right party the potential to develop the top-rated Adult Entertainment Club in the industry.
All information provided regarding the property is believed to be accurate; however, it is not warranted nor guaranteed. Potential buyers are advised to conduct their own independent verification of all details and information concerning the property. Neither the Seller, Broker, nor any associated parties make any representation or warranty, express or implied, as to the accuracy, completeness, or suitability of the information provided. Buyers should perform their own due diligence and consult with their own legal and professional advisors before making any purchase decisions.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront
Building Size
7,700 SF
Building Class
C
Year Built
1948
Price
£7,505,095
Price Per SF
£975
Tenancy
Single
Number of Floors
2
Building FAR
0.88
Land Acres
0.20 AC
Zoning
CD-2 - Mixed Use Store / Residential /Retail Outlet Commercial Central 6400
Parking
2 Spaces (0.26 Spaces per 1,000 SF Leased)
Frontage
71 ft on Washington Ave

About 1527 Washington Ave , Miami Beach, FL 33139

The home of Club Madonna, the Iconic Gentlemen's Club on Miami Beach in the heart of South Beach, the only real estate in the City of Miami Beach where an adult entertainment establishment is allowed under the City’s Zoning code, is now on the market and poised to be sold for the very first time in over half a century. The legendary Burlesque era pioneer, Leroy Griffith, has decided to retire, providing a unique and once in a lifetime opportunity to create a modern-era successor to the world-famous South Beach institution known as "Club Madonna"! This Live Adult Entertainment Club is, and has been for decades, the only Strip Club on Historic Miami Beach and this 1948 two-story building, along with an adjacent 600 plus square foot structure, offers the right party the potential to develop the top-rated Adult Entertainment Club in the industry.

Walk Score ®
Walker's Paradise (97)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Five Guys
The Cheesecake Factory
TD Bank
Starbucks
Bank of America
Rosa Mexicano
Shake Shack
The Yard House
BurgerFi
Wells Fargo

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-3234-019-1160
Land Assessment
£2,765,035
Improvements Assessment
£372,012
Total Assessment
£3,137,047
  • Listing ID: 33988212

  • Date on Market: 24/11/2024

  • Last Updated:

  • Address: 1527 Washington Ave, Miami Beach, FL 33139

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