Hotel/Motel

7300 Ocean Ter

Miami Beach, FL 33141

$49,900,000

Year built: 1940

Listing courtesy of Fabian Garcia-Diaz, One Sotheby's International Realty

About this home

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

Details

Property

Type: Hotel/Motel
Year built: 1940
Stories: 3
Building name: Olsen Hotel Condo
County: Miami-Dade County
Waterfront: Ocean Access, Ocean Front
Flood zone: X

Interior

Cooling: Wall/Window Unit(s)

Exterior and parking

Parking: On Street
Construction: CBS Construction
Roof: Tar & Gravel Roof

Community and fees

Security: Smoke Alarm, Smoke Detector(s)

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated August 7, 2026.