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$55,000,000

  • For Sale
  • Active
  • Commercial Multi-Family
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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

Full Property Details for 7300 Ocean Terrace

General

  • Price: $55,000,000
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11587271
  • Updated: 2/4/2026
  • Added to Site: 648 day(s) ago

Business

  • Business Type: Commercial/Residential Income, Condominium

Additional Information

  • Security/Safety: Smoke Alarm, Smoke Detector(s)

Parking

  • Parking Features: On Street

Location

  • County: Miami-Dade County
  • Building Name: Olsen Hotel Condo

Community

  • Units Assoc/Comm: 1

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)

Utilities

  • Water: Public

Structural Information

  • # Buildings: 1
  • Structure Type: Free Standing, Hotel/Motel, Lounge, Restaurant, Retail, Hotel
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Tar & Gravel Roof
  • Stories/Levels: 3
  • Building Size: 14500
  • Current Bldg. Use: Hotel Waterfront
  • Year Built: 1940
  • Other Struct. Feat.: Elevator, Exterior Lighting, Lobby

Unit Information

  • Units in Complex: 1

Lot Features

  • Lot Features: Beach Access, Corner Lot
  • Zoning: 3900

Water Features

  • Water Front: Yes
  • Water Front Desc.: Ocean Access, Ocean Front

Disclosures and Reports

  • Special Conditions: Sale
  • Legal Description: OLSEN HOTEL CONDO HARDING TOWNSITE PB 34-4 LOT 7 BLK 10
  • Inclusions: Building & Land
  • Property ID: 02-32-02-101-0001

Listed by One Sotheby's International Realty

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— 7300 Ocean Terrace —

  • One Sotheby's International Realty

  • One Sotheby's International Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 7300 Ocean Terrace

School District:Dade County School District
NameGradesDistance
Biscayne Elementary School, Miami Beach, FL
800 77th Street, Miami Beach, FL 33141
PK-50.4 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-83.1 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-124.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7300 Ocean Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/15/2024
Price Increased
$55,000,000
10%
MLS
5/14/2024
Listed
$50,000,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7300 Ocean Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by One Sotheby's International Realty

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7300 Ocean Ter, Miami Beach, FL 33141 (MLS# A11587271) is a Commercial Multi-Family property. 7300 Ocean Ter is currently listed for $55,000,000 and was received on May 14, 2024. Want to learn more about 7300 Ocean Ter? Do you have questions about finding other Commercial Multi-Family real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

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