According to the Daily Business Review, the land that King Of Diamonds sits on was recently sold to a New York City company for $6 million. This is an upgrade from the original $3.15 million that the land sold for back in 2002. The actual club itself was also sold for an undisclosed amount to a separate entity.
Reports also suggest that the club will still be run by Akinyele Adams (ie. the rapper behind “Put It In Your Mouth) as he’s been part of the KOD management since 2013.
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King of Diamonds
17800 NE 5th Ave
Miami, FL 33162