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5445 Collins Ave - An Icon Ready for its Encore Unités de condo • Commerce de détail • 12 006-25 860 pi² • À vendre 5 835 165 $-8 924 370 $ CAD par unité • Miami Beach, FL 33140



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Faits saillants de 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 de l'annonce
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.
Faits sur la propriété
| Taille totale du bâtiment | 295 634 pi² | Superficie de plancher typique | 15 200 pi² |
| Type de propriété | Immeuble residentiel | Année de construction | 1966 |
| Sous-type de propriété | Appartement | Taille du lot | 4,01 AC |
| Classe d’immeuble | B | Ratio de stationnement | 0,08/1 000 pi² |
| Planchers | 15 | ||
| Zonage | 4100 - Résidentiel | ||
| Taille totale du bâtiment | 295 634 pi² |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Classe d’immeuble | B |
| Planchers | 15 |
| Superficie de plancher typique | 15 200 pi² |
| Année de construction | 1966 |
| Taille du lot | 4,01 AC |
| Ratio de stationnement | 0,08/1 000 pi² |
| Zonage | 4100 - Résidentiel |
Commodités
Commodités du site
- Accès 24 heures
- Centre de conditionnement physique
- Piscine
- Spa
- Terrain de tennis
- Bord de l’eau
- Clôturé
- Sans fumée
2 Unités disponibles
Unité CU1
| Taille de l’unité | 25 860 pi² | Type de vente | Investissement ou propriétaire utilisateur |
| Prix | 8 924 370 $ CAD | Conditions de vente | Bâtiment non meublé |
| Prix par pi² | 345,10 $ CAD | ID/Numéro de lot | 02-3214-021-5400, 02-3214-021-5410 |
| Utilisation du condo | Commerce de détail |
| Taille de l’unité | 25 860 pi² |
| Prix | 8 924 370 $ CAD |
| Prix par pi² | 345,10 $ CAD |
| Utilisation du condo | Commerce de détail |
| Type de vente | Investissement ou propriétaire utilisateur |
| Conditions de vente | Bâtiment non meublé |
| ID/Numéro de lot | 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.
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Unité CU14
| Taille de l’unité | 12 006 pi² | Utilisation du condo | Commerce de détail |
| Prix | 5 835 165 $ CAD | Type de vente | Investissement ou propriétaire utilisateur |
| Prix par pi² | 486,02 $ CAD | ID/Numéro de lot | 02-3214-021-5530 |
| Taille de l’unité | 12 006 pi² |
| Prix | 5 835 165 $ CAD |
| Prix par pi² | 486,02 $ CAD |
| Utilisation du condo | Commerce de détail |
| Type de vente | Investissement ou propriétaire utilisateur |
| ID/Numéro de lot | 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.
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Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 570 | - | - |
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5445 Collins Ave - An Icon Ready for its Encore
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