1527 Washington Avenue, Miami Beach, FL 33139
$7,500,000 · $903 per sq ft · Commercial for sale
- Property type: Business
- Asking price: $7,500,000
- Price per sq ft: $903
- Building size: 8,309 sq ft
- Lot size: 8,712 sq ft
- Zoning: 6400
- Parcel ID: 0232340191160
- MLS#: A12072971
About this property
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.
Operating Statement
| Property taxes | $74,529/yr |
|---|
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
About the Business at 1527 Washington Avenue
- Included: Building, Land
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Brickell Investment Realty · dan@birmiami.com · Listing agent: Daniel S Burdak
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1527 Washington Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 1527 Washington Avenue
- How much is 1527 Washington Avenue?
- 1527 Washington Avenue is listed at $7,500,000, about $903 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 1527 Washington Avenue zoned?
- The listing reports zoning of 6400. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 1527 Washington Avenue?
- The listing reports 8,309 square feet of building.
- What are the property taxes on 1527 Washington Avenue?
- The listing reports annual property taxes of $74,529. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 1527 Washington Avenue?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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