$7,500,000
( $902.64Per Sq Foot )
 $40,262 est/mo Sourced by Back At You

1527 Washington Avenue,Miami Beach, FL 33139

Miami Beach, FL 33139

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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.

Details

MLS #A12072971
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Days On Site15
Listing Provided ByBrickell Investment Realty | Daniel S Burdak

Features

SQ Feet8,309
Zoning6400
Acreage0.20

Exterior

Lot FeaturesCentral Business District

Taxes

Tax Annual Amount74529

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2320
Listing VS Median (in 33139)
Price:
$7,500,000
low | high
Med:
$55,000
100% of Average
sqft:
8,309
low | high
Med:
3,578
100% of Average
$ / sqft:
$903
low | high
Med:
$16
100% of Average
On site:
15
low | high
Med:
58
25.862068965517% of Average
Sourced by Back At You

Market Activity 33139

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2320
Listing VS Median (in 33139)
Price:
$7,500,000
low | high
Med:
$55,000
100% of Average
sqft:
8,309
low | high
Med:
3,578
100% of Average
$ / sqft:
$903
low | high
Med:
$16
100% of Average
On site:
15
low | high
Med:
58
25.862068965517% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $5.625M - $9.375M
sqft: 6,000 - 10,000
Nearby Listings Property ImageNearby Listings Details
1527 Washington Avenue Property Photo 1
$9,000,000
1527 Washington Avenue
Miami Beach, FL 33139
Listing Updated: August 23, 2026 at 9:01:18 PM PDT