Playboy Theater – A Trophy Entertainment Asset in the Heart of Mid-Beach

This 25,860 SF Miami Beach asset offers irreplaceable scale with a rare triple-level layout, soaring ceilings, and expansive open floor plates capable of accommodating 800 to 1,200 guests. Recently completed its 40-year recertification, the property is offered at $251/SF, positioning it well below Miami Beach commercial averages and creating exceptional value-add potential for investors. With historic elements still intact, including the original grand stage, chandelier, purple velvet curtain, strip lighting, and a full commercial kitchen, it presents a true blank-canvas opportunity for a flagship nightclub, supper club, concert hall, or cultural venue.