Miami Beach Treehouse Nightclub for Sale – Take Bitcoin
Miami Beach tree house Night club is sold and accepts cash or bitcoin. This makes it the first known commercial property to close with cryptocurrency. The property is 4,322 square feet and is located at 323 23rd Street. Owner and operator Michael Friendly is flexible in terms of the purchase price. Does anyone want it?
You can contact Michael Fray, Brian C. de la Fé, and Emily Brais at Avison Young. They reported that there were approximately $ 15 million in cash offers. However, none came in via Bitcoin. Freundlich bought the property in 2015 for $ 3.25 million and was home to the funniest jungle beats of techno and house.
This is not the first time Freundlich has tried to sell the tree house. Five years ago, he sued New Jersey-based Sky Park for claiming they made an offer for the nightclub only to keep it going without closing. Kindly said he stayed on his feet $ 37,000 Sky Park Travel Expenses tab. Due to COVID-19, the venue has restricted its activities but is now open from 6pm to midnight. They still have their alcohol and tobacco licenses, so after the quarantine is lifted, they leave until 5 a.m.
If someone joins Bitcoin now, you will find that the volatile price ebbs and flows every day. It currently costs $ 57,808.85 a piece, and it was a wild ride to see it skyrocket from the start. When a Bitcoin buyer buys the nightclub, their digital money would be converted into real estate value. In addition, they can be part of the comeback club scene.
The Real Deal, South Florida Real Estate News, says this won’t be the first commercial property open to cryptocurrencies. Two years ago, Miami’s security building expected to close to Capital Partners for $ 65.5 million. However, the deal failed when a senior lender changed the terms of the loan. It is interesting to see where the path of cryptocurrency is going. How will it affect our society and will it become the currency of the future?
This is also the second time the Miami Beach Treehouse has been up for sale. Five years ago, Freundlich sued Sky Park over bidding and last-minute ghosting. But not until he’s spent $ 37,000 on her. Hopefully he’s fine this time.