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$7,500,000
Est. payment /mo
8,309 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 8,309 sqft
Price per Sqft $902
MLS Listing ID A12072971
Construction Status Resale
HOA Y/N No
Annual Tax Amount $74,529
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Business
Property 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.
Location
State FL
County Miami-dade
Area 2320
Zoning 6400
Interior
Interior Features InteriorFeatures
Fireplace No
Building
Lot Description Central Business District
Sewer Public Sewer
New Construction No
Construction Status Resale
Others
Tax ID 0232340191160
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12072971
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Listed by Daniel S Burdak Brickell Investment Realty
NEARBY SCHOOLS & PROPERTIES
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "