5445 Collins Ave CU1, Miami Beach, Florida 33140 | For Sale
5445 Collins Ave CU1, Miami Beach, Florida 33140
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.
Commercial Sale Business For Sale located at 5445 Collins Ave CU1 Miami Beach Florida 33140 in Miami-Dade County referenced as ID MLS # A11365510. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.
Useful Info
Land Lot (Parcel) Details
Construction
- Carpet
- Marble
- Slate
Property Features
- Ocean Front
- Composition
Taxes and Expenses
Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.
Terms
- Cash
- Conventional
- Call Agent
Community
Parking
Utilities
- 440 Volts
More Details
Flood Zone : AE
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 21
Zoning and Legal
Listing History
Update/Event | Date/Days |
Published Date: | March 31, 2023 12:00 am |
On Market Date: | March 31, 2023 |
Price Change Date Time: | March 31, 2023 3:49 pm |
Last Important Update Description: | Active Under Contract (An offer has been accepted, considering Backup Offers) |
Date and Time of Last Important Update: | July 6, 2023 11:08 am |
Status Last Changed: | July 6, 2023 11:08 am |
Photos Last Modified: | March 31, 2023 8:30 pm |
Last Modified: | July 6, 2023 3:08 pm |
Days on the Market (updated on Last Modified*): | 97 |
Cumulative Days on the Market (updated on Last Modified**): | 97 |