They, too, were disappointed at not kiki’ing at the corner of 12th and Ocean anymore, enjoying views of eye candy strolling by or stellar drag shows from the bar’s talented roster of queens, many of whom are transgender.Ī statement read, “The Palace Bar is the foundation for what has become one of South Beach’s legendary and iconic LGBT meeting places, 1200 Ocean Drive. Not only did the closure affect locals, but it also impacted gay tourists from all over the world, who flock to Miami for its beautiful beaches and even more beautiful men. Many in the LGBT community of South Florida were saddened by this news.