$9,500,000
$2M PRICE DROP

Estimated payment $59,133/month

Total Views 4,594
0.2 Acre
$47,500,000 Price per Acre
8,750 Sq Ft Lot

About This Lot

Club Madonna, the Iconic Gentlemen's Club on Miami Beach, is now on the market and poised to be sold for the very first time in history. The legendary Burlesque era pioneer, Leroy Griffith, has decided to retire, providing a unique and once in a lifetime opportunity to own the world-famous South Beach institution known as "Club Madonna"! This Live Adult Entertainment Club is and has been the only Strip Club on Historic Miami Beach. The 1948 two-story building, along with an adjacent 600 plus square foot structure, has the potential to be the top-rated Club in the industry. All information provided regarding the property is believed to be accurate; however, it is not warranted nor guaranteed. Buyers are advised to conduct independent verification of all details concerning property.

Listing Agent

Daniel Burdak

Brickell Investment Realty License #0324756

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $74,529

Year Built

  • 1948

Lot Details

  • 8,750 Sq Ft Lot
  • Lot Dimensions are 50x175
  • Property is zoned 6400

Additional Features

  • City Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-019-1160

Community Details

Overview

  • No Home Owners Association
  • Alton Beach 1St Sub Condos
  • Alton Beach 1St Sub Subdivision

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$74,529

Year Built

1948

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Commercial
  • Horses: No
  • Lot Size Acres: 0.2
  • Lot Size: 50x175
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Structure Type: Commercial
  • Subdivision Name: ALTON BEACH 1ST SUB
  • Special Features: VirtualTour
  • Year Built: 1948

Interior Features

  • Possible Use: None

Exterior Features

  • Lot Features: Beach Area, Central Business District, City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ALTON BEACH 1ST SUB

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Phone Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-34-019-1160
  • Additional Parcels: No
  • Current Use: Other Usage, Other Style
  • Lot Size Sq Ft: 8750
  • Zoning: 6400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 74529

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $74,529 $3,970,895 $3,500,000 $470,895
2023 $74,529 $3,944,042 $3,500,000 $444,042
2022 $74,260 $3,952,265 $3,500,000 $452,265
2021 $75,358 $3,902,943 $3,500,000 $402,943
2020 $75,559 $3,902,943 $3,500,000 $402,943
2019 $75,315 $3,886,502 $3,500,000 $386,502
2018 $73,083 $3,886,502 $3,500,000 $386,502
2017 $71,546 $3,681,917 $0 $0
2016 $68,846 $3,347,198 $0 $0
2015 $63,006 $3,042,908 $0 $0
2014 $57,684 $2,766,280 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2024 11/24/24 Price Changed $9,500,000 -13.6% --
08/25/2024 08/25/24 For Sale $11,000,000 -- --
Source: MIAMI REALTORS® MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,300,000 Balloon
Closed $2,000,000 No Value Available
Closed $100,000 No Value Available
Closed $300,000 Unknown
Source: Public Records

Similar Properties in Miami Beach, FL

  • 330 W Rivo Alto Dr, Miami Beach, FL 33139

    $10,900,000

    • Land
    • 0.24 Acre
    • $45,416,667 per Acre
    • 330 W Rivo Alto Dr
    • Miami Beach, FL

    Premier Western Exposure Bayfront with 60' of linear frontage on the highly desirable Northern side of Rivo Alto Island with Downtown Miami skyline views in the distance. Ready for re-development - offering privacy and an incredible lifestyle. Located within walking distance to Sunset Harbour area & major South Beach attractions. Redone seawall, property measures 60 x 175' Real Sellers.

    Allan Kleer One Sotheby's International Re

    Section Image
  • 433 E Dilido Dr, Miami Beach, FL 33139

    $8,750,000

    • Land
    • 0.24 Acre
    • $36,458,333 per Acre
    • 433 E Dilido Dr
    • Miami Beach, FL

    Charming waterfront Mediterranean villa on the coveted Venetian Islands offers the perfect opportunity to renovate or build your dream home in paradise. Enjoy 60 feet of waterfront and direct access to Biscayne Bay and the Ocean. This two-story home features wood-beam vaulted ceilings, an expansive primary suite, and a second story terrace with stunning sunrise views. 10,500 square foot lot with

    Julian Johnston The Corcoran Group

    Section Image

Source: MIAMI REALTORS® MLS

MLS Number: A11636793

MIAMI REALTORS® MLS

APN: 02-3234-019-1160