1527 Washington Ave, Miami Beach FL 33139
$9,000,000
Est. Payment $47,902/mo
39
Days on Market
Description
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. This is a truly rare chance to acquire a landmark nightlife property in one of the most internationally recognized destinations in the United States.
Facts
- MLS#
- A11979747
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Restaurant/Entertainment
- Year Built
- —
- Lot Size
- 8,712 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 39 days
- Listed
- Mar 1, 2026
- Last Updated
- Apr 9, 2026
- Price/Lot Sq.Ft.
- $1,033/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Buyers market
May 2026
30
Median days to sold
-1.2%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 3/1/2026 | Listed for sale | $9,000,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Oxbridge Academy of the Palm Beaches7,8,9,10,11,12 · private · 0.5 mi
Oxbridge Academy of the Palm Beaches10,11,12,UG · private · 0.5 mi
Bear Lakes Middle School6,7,8 · public · 0.6 mi
Rpbywcacdc Head StartPK,KG · private · 0.7 mi
West Palm Beach Head StartPK,KG · private · 0.7 mi
Renaissance Charter School At West Palm BeachKG,1,2,3,4,5,6,7,8 · charter · 1.0 mi
Coates Learning Center5,6,7,8,9,10,11,12 · private · 1.0 mi
Seminole Trails Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.1 mi
S.A.T. Virtual Resource Center7,8,9,10,11,12 · private · 1.2 mi
Children Of Purpose Christian AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.2 mi
Estimated Monthly Payment
$55,552/mo
Principal & Interest
$47,902
Property Tax
$7,500
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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