USD 3,900,000

5445 Collins Ave CU1
Miami Beach, Florida 33140

For Sale

Property Description

One of the historically most significant entertainment venues in Miami Beach, the former Playboy Plaza Hotel Theater, located within today’s Castle Beach Club on Collins Avenue, is now offered for sale. Developed in 1970 as part of Hugh Hefner’s swanky Playboy Plaza Hotel, the theater was the favorite hot-spot for local and visiting celebrities, offering live shows by Sammy Davis Jr. and many others. It was showcased in Gloria Estefan's hit song "Hotel Nacionel" as well as the hit movie "Rock of Ages". The venue’s illustrious past in later years continued under various operators as a luxury cabaret, cinema or dinner club. Vacant for a number of years now, the property provides a rare opportunity to recreate its rich past or repurpose the approximately 19,000 SF space.

Listed by Opera REI Inc

Property Details

ID #
A11365510
Status
Sale
Type
Commercial, Industrial, Hotel
Zip Code
33140
Year Built
1966
Ground Feature
Waterfront
Electric Service
440 Volts Power
Floor
Carpeted Floors, Marble/Slate Floors
Occupancy
Call Listing Agent
Roof
Composition Roll
Type of Building
Restaurant/Bar
Utilities
Internet
Zoning Information
4100
Listing content provided by the Miami Association of Realtors
Disclaimer: BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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