Throughout the 1980s, Wood played as a member of the Rolling Stones, continued his solo career ('1234' charted at #164 on Billboard in 1981), painted, and collaborated with a number of other artists, including Prince, Bob Dylan, David Bowie, Eric Clapton, Bo Diddley and Aretha Franklin. In 1988 Ronnie opened "Woody's on the Beach," a one of a kind venue featuring a house band headed up by Bobby Keys, hosting a continuous stream of artist friends of Woody's, and providing a venue for local acts to perform original music with no pressure to play "cover" tunes. The stage was up close and personal with the entertainers literally feet away from the crowd.

Ronnie played whenever he was in town, with friends, or the local band of the week. The defunct Hotel which housed the Club allowed for Woody to set up a world class backstage VIP area upstairs, displaying Woody's artworks, and providing a private party area for the Musicians and their guests, local nightclub VIPs, politicians, etc. Although Woody's pioneered the club scene transitioning the neighborhood of South Beach (the Mariel boatlift had flooded the streets with all of Castro's misfits), and was highly successful, it was closed by Woody amidst a flury of complaints from the then predominantly geriatric neighbors who found it too loud, despite the wave of security (11 "locomotive shaped bouncers") and prosperity (expanded development of the areas tourism) it fostered.

At the Live Aid Concert in Philadelphia, Wood along with Keith Richards performed in the penultimate set with Bob Dylan. During the performance of "Blowin' in the Wind", Dylan broke a guitar string. Wood gave Dylan his guitar in order to keep the performance seamless, and even played air guitar until a stagehand brought him a replacement.

Throughout the 1980s, Wood played as a member of the Rolling Stones, continued his solo career ('1234' charted at #164 on Billboard in 1981), painted, and collaborated with a number of other artists, including Prince, Bob Dylan, David Bowie, Eric Clapton, Bo Diddley and Aretha Franklin.