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Informations principales sur l'investissement

  • ±26,000 SF across three levels and high interior clearances, the building is structurally optimized for high-capacity nightclubs, live performances
  • "Warm Shell" for an operator to custom-build a flagship concept from the ground up.
  • No Association Approval Needed for Business Type
  • Large-format entertainment spaces are virtually non-existent on the oceanfront.
  • At a $6.5M entry point for nearly 26,000 SF, the price per square foot offers a substantial margin for a comprehensive renovation.
  • Liquor License Sale with CU14

Résumé analytique

The Castle Beach Club (historically known as the Playboy Plaza Hotel) is a landmark 18-story oceanfront building located at 5445 Collins Avenue on Miami Beach’s prestigious "Millionaire’s Row". Completed in 1966, the property occupies a prime four-acre site with over 570 linear feet of direct beach frontage.

Informations sur l’immeuble

Surface totale de l’immeuble 27 465 m²
Type de bien Immeuble residentiel
Sous-type de bien Appartement
Classe d’immeuble B
Étages 15
Surface type par étage 1 412 m²
Année de construction 1966
Surface du lot 1,62 ha
Ratio de stationnement 0,01/1 000 m²
Zonage 4100 - Résidentiel

Caractéristiques

Caractéristiques du site

  • Accès 24 h/24
  • Centre de fitness
  • Piscine
  • Spa
  • Terrain de tennis
  • Bord de l’eau
  • Clôturé
  • Sans tabac

2 Lots disponibles

Lot CU1

Surface du lot 2 402 m²
Prix 5 672 940 €
Prix par m² 2 361,29 €
Usage du lot en coprop. Local commercial
Type de vente Investissement ou propriétaire occupant
Conditions de vente Immeuble en gros œuvre
Référence cadastrale/ID de parcelle 02-3214-021-5400, 02-3214-021-5410
Description

The historic Playboy Theatre features 25,860 square feet of high-volume interior space across a triple-level layout. The existing structure boasts soaring ceilings and massive, open floor plates, architectural assets nearly impossible to replicate under current Miami Beach building codes. 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. 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.

Notes sur la vente

Located at 5445 Collins Avenue in the heart of Miami Beach’s prestigious Mid-Beach corridor. The space currently requires full renovation, serving as a premier "blank canvas" for a visionary developer or hospitality group. With no association approval needed 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. The layout is also ideal for a modern supper club, a high-end cabaret, or a hybrid entertainment-dining concept that requires seamless service between a commercial-grade kitchen and a grand performance space. 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.

5445 Collins Ave-Miami Beach, Tony-32
5445 Collins Ave-Miami Beach, Tony-27
5445 Collins Ave-Miami Beach, Tony-31
5445 Collins Ave-Miami Beach, Tony-33
5445 Collins Ave-Miami Beach, Tony-29

+15 Plus

5445 Collins Ave-Miami Beach, Tony-30
View Photo 5445 Collins Ave-Miami Beach, Tony-32
View Photo 5445 Collins Ave-Miami Beach, Tony-27
View Photo 5445 Collins Ave-Miami Beach, Tony-31
View Photo 5445 Collins Ave-Miami Beach, Tony-33
View Photo 5445 Collins Ave-Miami Beach, Tony-29
View Photo 5445 Collins Ave-Miami Beach, Tony-30
View Photo 5445 Collins Ave-Miami Beach, Tony-24
View Photo 5445 Collins Ave-Miami Beach, Tony-28
View Photo 5445 Collins Ave-Miami Beach, Tony-25
View Photo 5445 Collins Ave-Miami Beach, Tony-26
View Photo 5445 Collins Ave-Miami Beach, Tony-20
View Photo 5445 Collins Ave-Miami Beach, Tony-19
View Photo 5445 Collins Ave-Miami Beach, Tony-19
View Photo 5445 Collins Ave-Miami Beach, Tony-21
View Photo 5445 Collins Ave-Miami Beach, Tony-22
View Photo 5445 Collins Ave-Miami Beach, Tony-23
View Photo 5445 Collins Ave-Miami Beach, Tony-34
View Photo 5445 Collins Ave-Miami Beach, Tony-35
View Photo 5445 Collins Ave-Miami Beach, Tony-36
View Photo 5445 Collins Ave-Miami Beach, Tony-37

Lot CU14

Surface du lot 1 115 m²
Prix 3 709 230 €
Prix par m² 3 325,49 €
Usage du lot en coprop. Local commercial
Type de vente Investissement ou propriétaire occupant
Référence cadastrale/ID de parcelle 02-3214-021-5530
Description

Unit CU-14 is a strategically vital commercial asset within a premier Miami Beach oceanfront corridor. Spanning a total of approximately 12,006 square feet, this unit serves as the functional heart of the property. It consists of 2,087 square feet of finished office, reception space, and convenience store paired with a massive 9,919-square-foot infrastructure shell that includes a pump room, valet area, dedicated storage,  linen closets and utility rooms situated across 14 floors. Uniquely, this acquisition includes an active liquor license, as the space is currently authorized for alcohol sales, offering a turnkey solution for hospitality groups seeking to bypass the significant regulatory hurdles of Miami Beach.

Notes sur la vente

CU-14 offers a "blank canvas" for a visionary investor to build out a high-volume hospitality hub. Subsequently; it complements the current sale of the Playboy Theatre located within the same building. Positioned within the RM-3 High-Density district, this asset represents a rare opportunity to own the operational backbone of a landmark building, complete with the licensing necessary to drive premium revenue in one of the world's most iconic beachfront markets.

5445 Collins Ave-Miami Beach, Tony-38
5445 Collins Ave-Miami Beach, Tony-13
5445 Collins Ave-Miami Beach, Tony-39
5445 Collins Ave-Miami Beach, Tony-12
5445 Collins Ave-Miami Beach, Tony-10

+18 Plus

5445 Collins Ave-Miami Beach, Tony-11
View Photo 5445 Collins Ave-Miami Beach, Tony-38
View Photo 5445 Collins Ave-Miami Beach, Tony-13
View Photo 5445 Collins Ave-Miami Beach, Tony-39
View Photo 5445 Collins Ave-Miami Beach, Tony-12
View Photo 5445 Collins Ave-Miami Beach, Tony-10
View Photo 5445 Collins Ave-Miami Beach, Tony-11
View Photo 5445 Collins Ave-Miami Beach, Tony-9
View Photo 5445 Collins Ave-Miami Beach, Tony-6
View Photo 5445 Collins Ave-Miami Beach, Tony-7
View Photo 5445 Collins Ave-Miami Beach, Tony-8
View Photo 5445 Collins Ave-Miami Beach, Tony-1
View Photo 5445 Collins Ave-Miami Beach, Tony-2
View Photo 5445 Collins Ave-Miami Beach, Tony-3
View Photo 5445 Collins Ave-Miami Beach, Tony-4
View Photo 5445 Collins Ave-Miami Beach, Tony-5
View Photo 5445 Collins Ave-Miami Beach, Tony-40
View Photo 5445 Collins Ave-Miami Beach, Tony-41
View Photo 5445 Collins Ave-Miami Beach, Tony-42
View Photo 5445 Collins Ave-Miami Beach, Tony-43
View Photo 5445 Collins Ave-Miami Beach, Tony-44
View Photo 5445 Collins Ave-Miami Beach, Tony-45
View Photo 5445 Collins Ave-Miami Beach, Tony-46
View Photo 5445 Collins Ave-Miami Beach, Tony-18

Lot informations sur la combinaison

Description Nb de lots Moy. loyer/mois
Studios 570 - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
  • ID de l’annonce: 39893412

  • Date de mise sur le marché: 24/03/2026

  • Dernière mise à jour:

  • Adresse: 5445 Collins Ave, Miami Beach, FL 33140

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