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7300 Ocean Terrace, Miami Beach, FL 33141

$49,900,000

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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

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

More Information MLS# A11587271

Contract Information

Comp Sale YN: No Listing Date: 2024-05-14 Status: Active Original List Price: 50000000 List Price: $49,900,000 Current Price: $49,900,000

Location and Legal

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

General Property Information

Number Of Buildings: 1 Number Of Units Total: 1 Price Per Unit: 39 Occupant Type: Call Listing Agent Lot Size Area: 0 Property Sub Type: Hotel/Motel Building Area Main: 14500 Year Built: 1940

Office/Member Information

DXORIGMLSID: SEF

Parking Features

On Street: 1

Structure Type

Hotel/Motel: 1 Retail: 1

Location of Property

Beach Access: 1 Corner Lot: 1

Building and Property Details

Improvement Height: 3-5 Stories

Building Features

Elevator(s): 1 Exterior Lighting: 1 Lobby: 1

Business Type

Bar/Tavern/Lounge: 1 Restaurant: 1 Retail: 1

Sale Includes

Building: 1 Land: 1

Construction Materials

CBS: 1

Road Frontage Type

City Street: 1

Roof

Tar/Gravel: 1

Security Features

Fire Alarm: 1 Smoke Detector(s): 1

Water Source

Public: 1

Description of Unit Type 1

Unit Type: Hotel Room(s)

Cooling

Wall/Window Unit(s): 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1

Section Details

Parcel Number MLX: 0001

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

Originating Details

Originating System Key: 395845138 Originating System ID: M00000151

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

Listing Office: One Sotheby's International Realty

Last Updated: June - 03 - 2026

7300 Ocean Terrace, Miami Beach, FL 33141- MLS# A11587271

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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