Property summary
This exceptional Miami Beach property offers a unique blend of hospitality and multifamily investment. Situated directly on the oceanfront at 7300 Ocean Terrace, this three-story Art Deco building boasts 39 impeccably maintained condominium units. The property also includes a thriving 1,384 square foot Mediterranean restaurant, Ronni's By The Ocean, recently renovated to the highest standards. The building's prime location places it at the heart of Miami Beach's vibrant activity, directly across from the Bandshell, community center, volleyball and tennis courts, and North Beach Park. Enjoy breathtaking, unobstructed ocean views and the convenience of a sidewalk cafe. The Ocean Terrace Park area is currently undergoing significant city-led upgrades and improvements, promising further enhancement of this already desirable location. With 40 keys in total, this rare opportunity presents a substantial return on investment in a thriving community hub, just steps from the beach and Atlantic Ocean. This is a truly exceptional offering that combines the allure of beachfront living with the proven success of a well-established restaurant, making it an unparalleled investment prospect in one of Miami Beach's most sought-after areas. Don't miss this chance to own a piece of Miami Beach paradise.
Property profile
VerifiedCap rate & NOI
Current use
-
Hotel & Motel
-
(Bike/Boat/Book/etc) Store
-
Vacation Rental Hotel & Motel
-
Hardware & Home Improvement Furniture & Home Goods
-
Parking Lot & Garage
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight