- MLS® #: A11898191
- Restaurant Miami Beach
- Miami Beach, FL 33139
- $6,000,000
- Business
- MLS® #: A11988742
- 5445 Collins Ave Cu1
- Miami Beach, FL 33140-5522
- $6,500,000
- Business
Located at 5445 Collins Avenue, the historic Playboy Theatre presents a singular opportunity to acquire 25,860 square feet of high-volume interior space in the heart of Miami Beach’s prestigious Mid-Beach corridor. Currently in a state requiring full renovation, the property serves as a premier "blank canvas" for a visionary developer or hospitality group. The existing structure features a triple-level layout with soaring ceilings and massive, open floor plates—architectural assets that are nearly impossible to replicate under current Miami Beach building codes. While the interior requires a complete overhaul, the "bones" of the venue, including the original grand stage and structural volumes, provide a robust foundation that significantly reduces the complexity of a ground-up build. With no association approval for business type; the property is uniquely suited for a flagship nightclub, live-performance theatre, or movie theatre where the expansive vertical clearance and existing stage infrastructure allow for world-class acoustics and immersive lighting design. A key operational advantage is the expansive kitchen area located parallel to the main theatre volume, which provides the necessary footprint for high-volume back-of-house operations. Positioned steps from the ocean in a high-barrier-to-entry market, this asset allows an investor to curate a marquee destination that captures the high-spending demographic of the Collins Avenue corridor.
View Virtual TourEssential Information
- MLS® #A11988742
- Price$6,500,000
- CAD Dollar$8,985,977
- UK Pound£4,841,538
- Euro€5,561,147
- Bathrooms0.00
- Year Built1966
- TypeBusiness
- Sub-TypeRetail
- StatusActive
Community Information
- Address5445 Collins Ave Cu1
- Area32
- CityMiami Beach
- CountyMiami-Dade
- StateFL
- Zip Code33140-5522
- Office: Fausto Commercial Realty Consultants Inc
5445 Collins Ave Cu1 on www.jupiteroceanfronthomes.us
Offered at the current list price of $6,500,000, this home for sale at 5445 Collins Ave Cu1 features bedrooms and 0 bathrooms. This real estate listing is located in of Miami Beach, FL 33140-5522 . 5445 Collins Ave Cu1 is listed under the MLS ID of A11988742 and has been on the Miami Beach real estate market for 16 days.Facts About Miami Beach, FL
Over the past 20 years, no American beach has generated as much buzz as the one that hugs Ocean Drive in Miami Beach. Fringed with palms, backed by Art Deco architecture and pulsating with urban energy, South Beach is the place to stretch out.
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