Oceanfront Condo Hotel with
For Sale
$49,900,000
7300 Ocean Terrace, Miami Beach, FL 33141
Miami Beach condo hotel with restaurant in prime location.
Property Size14,500 SF
Price / SF$3,441
Days on Market156
Property Features for 7300 Ocean Terrace
General Information
Standard status
Active
Size
14,500 SF
Building Details
Building Size
14,500 SF
Year Built
1940
Buildings
1
Listing Agency:
ONE SOTHEBY'S INTERNATIONAL REALTY
(561) 262-2466
Listed By:
Shereen Randazza · License #0492073
(561) 262-2466
Source:
Woodfieldcchomes.idxbroker
Added: Mar 26
Changed: Aug 25
Last Checked: Aug 28 at 6:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ONE SOTHEBY'S INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
This oceanfront condo hotel is located in a vibrant area of Miami Beach, fronting sandy beaches with unobstructed views of the ocean and North Beach Park. Situated across from the Bandshell, Community Center, and volleyball and tennis courts, the property is positioned in a thriving community hub. The Art Deco building features 39 condominium units in excellent condition, along with a 1,384 square foot retail Mediterranean restaurant, Ronni's By The Ocean, which has been beautifully renovated and is in excellent condition. The sale includes a liquor license for the oceanfront restaurant. The Ocean Terrace Park area is undergoing major city project upgrades and improvements. This property offers a unique opportunity to own a prime piece of Miami Beach real estate, steps from the beach and Atlantic Ocean.
Key Highlights
- Oceanfront location with unobstructed views of the ocean and North Beach Park
- Includes a renovated 1,384 sf Mediterranean restaurant ('Ronni's By The Ocean') with a liquor license
- Located in a vibrant Miami Beach community hub, across from Bandshell, Community Center, volleyball, and tennis courts
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,924
Businesses Nearby
Explore this area
Business Placement
Demographics for 33141, FL
35,995
Population
21,793
Households
1.7
Avg Household Size
44
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
15,650
Density / Sq Mi
$64,457
Median Household Income
$36,899
Median Earnings
$1,739
Median Rent
$434,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Hotel - Miami Beach condo hotel with restaurant in prime location.
Where is this hotel located?
The property is located at 7300 Ocean Terrace Miami Beach, FL.
What is the asking price?
The asking price for this property is $49,900,000.
What are key features of this property?
This property features: Oceanfront location with unobstructed views of the ocean and North Beach Park; Includes a renovated 1,384 sf Mediterranean restaurant ('Ronni's By The Ocean') with a liquor license; Located in a vibrant Miami Beach community hub, across from Bandshell, Community Center, volleyball, and tennis courts
