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    1527 Washington Ave Miami Beach, FL 33139

    For Sale
    $9,500,000

    Business - Miami Beach, FL

    Type:Business
    Days on Market:
    228
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 1527 Washington Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    6400
    APN
    02-32-34-019-1160

    Building Details

    Year built
    1948
    Architectural style
    Other

    Brickell Investment Realty (305) 372-0114 [email protected]

    Listing agent Daniel Burdak (305) 372-0114 License #0324756

    Listing date Apr 24, 2025

    MLS# A11632691 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Miami Beach Gentlemen's Club

    Club Madonna, a renowned gentlemen's club on Miami Beach, is available for purchase for the first time. Established by Leroy Griffith, this live adult entertainment club is the only one of its kind on historic Miami Beach. The property includes a two-story building constructed in 1948, along with an adjacent structure exceeding 600 square feet. The property is zoned 6400 and presents the potential to be a leading club in the industry.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Dental Office Spa & Massage Restaurant Hair Salon Realty agency Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Flower Details, Luxury Flowers Miami Beach, My Peonika Online Flower Shop, Seasons Flowers of South Beach, Fleurs De La Mer

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.131706
    Latitude
    25.787619

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    FAQs

    What type of property is this?
    Storefront property - World-famous South Beach institution, Club Madonna, for sale.
    Where is this storefront property located?
    The property is located at 1527 Washington Ave Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $9,500,000.
    What are key features of this property?
    This property features: - Iconic "Club Madonna" on Miami Beach, available for the first time.; - Only strip club on Historic Miami Beach.; - Own a legendary South Beach institution.
    (305) 372-0114
    Request Owner's contact information
    1527 Washington Ave Miami Beach, FL 33139
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    Miami Beach, FL 33139
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1527 Washington Ave Miami Beach, FL 33139
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