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7300 Ocean Terrace, Miami Beach, FL 33141

$49,900,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11587271

Property Type: Commercial Sale Square Footage: 14,500 Status: Active

Current Price: $49,900,000 List Date: 5/15/2024 Last Modified: 6/03/2026

Overview

Description

Ocean Front Condo Hotel with sidewalk cafe in Miami Beach's hottest spot! Fronting sandy beaches and clear unobstructed views of the ocean and North Beach Park. Just across from "Bandshell", Community Center, volleyball and tennis courts, this property is at the heart of Miami Beach's vibrant scene. Art Deco building with 39 condominium units in excellent condition plus retail Mediterranean restaurant Ronni's By The Ocean. The restaurant is 1,384 sf, has been beautifully renovated & is in excellent condition. Ocean Terrace Park area is undergoing major city project upgrades & improvements. Unique & rare opportunity that won't last long. Don't miss out on owning a prime piece of Miami Beach real estate, steps from the beach & Atlantic Ocean in a thriving community hub.Oceanfront restaurant with liquor license included in the sale

Listing Details MLS# A11587271

General Property Information

Number Of Buildings: Yes
Property Sub Type: Hotel/Motel
Number Of Units Total: Yes
Price Per Unit: 39
Occupant Type: Call Listing Agent
Building Area Main: 14500
Year Built: 1940
Lot Size Area: 0

Property Features

Building Features: Elevator(s); Exterior Lighting; Lobby Business Type: Bar/Tavern/Lounge; Restaurant; Retail Location of Property: Beach Access; Corner Lot Parking Features: On Street Sale Includes: Building; Land Construction Materials: CBS Cooling: Wall/Window Unit(s) Road Frontage Type: City Street Roof: Tar/Gravel Security Features: Fire Alarm; Smoke Detector(s) Structure Type: Hotel/Motel; Retail Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 50000000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 7300
Street Name: Ocean
Street Suffix: Terrace
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33141
Postal Code +4: 2768
Area: 2320
Parcel Number: 0232021010001
Subdivision Number: 101
Zoning: 3900
Flood Zone: X

Financial Information

Tax Legal Description: OLSEN HOTEL CONDO HARDING TOWNSITE PB 34-4 LOT 7 BLK 10

Status Change Information

Major Change Timestamp: 2026-05-07T19:07:57Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-07T19:07:57Z
Status Change Date: 2025-05-05

More Information

Building and Property Details

Improvement Height: 3-5 Stories

Description of Unit Type 1

Unit Type: Hotel Room(s)

Section Details

Parcel Number MLX: 0001

Originating Details

Originating System Key: 395845138
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Parking Features

On Street: Yes

Structure Type

Hotel/Motel: Yes
Retail: Yes

Location of Property

Beach Access: Yes
Corner Lot: Yes

Building Features

Elevator(s): Yes
Exterior Lighting: Yes
Lobby: Yes

Business Type

Bar/Tavern/Lounge: Yes
Restaurant: Yes
Retail: Yes

Sale Includes

Building: Yes
Land: Yes

Construction Materials

CBS: Yes

Road Frontage Type

City Street: Yes

Roof

Tar/Gravel: Yes

Security Features

Fire Alarm: Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Cooling

Wall/Window Unit(s): Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes

Listing Office: One Sotheby's International Realty

Last Updated: June - 03 - 2026

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