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Oceanfront Condo Hotel with Cafe in Miami Beach

Unique oceanfront hotel with 39 condos and a renovated Mediterranean restaurant near North Beach Park.

$49,900,000

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MLS #A11587271

Listing Updated: 2026-07-12 18:29:34

Listed By: One Sotheby's International Realty

Overview

This historic 1940 art deco oceanfront condo hotel offers 39 units in excellent condition along Miami Beach’s sandy shoreline. The property includes a beautifully renovated 1,384 sf Mediterranean restaurant with a liquor license, positioned steps from the Atlantic Ocean and vibrant community spaces. Located across from the Bandshell, Community Center, and recreational courts, it benefits from ongoing city upgrades to Ocean Terrace Park. This rare listing places you in the heart of Miami Beach’s lively North Beach neighborhood, blending coastal living with active urban amenities.

Property Highlights

Oceanfront hotel with 39 condos; Renovated Mediterranean restaurant; Prime North Beach location; Steps from beach and park; Art Deco architecture; Ongoing park improvements; Liquor license included; Active Miami Beach hub.

Property Details

City: Miami Beach

State: FL

Zip Code: 33141

Address: 7300 Ocean Ter, Miami Beach FL 33141

Year Built: 1940

Property Type: Commercial Sale

Property Sub Type: Hotel/Motel

Listing Office Name: One Sotheby's International Realty

County: Miami-Dade County

Garage Spaces:

Parking Features: On Street

Interior Features:

Exterior Features:

Waterfront: Yes

Pool: No

HOA Fee: $0

Annual Tax: $0

Days On Market: 790 Days

Original Listing 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

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

7300 Ocean Ter, Miami Beach FL 33141

About This Neighborhood

Situated in North Beach, Miami Beach, this property is central to a lively coastal community known for its expansive sandy beaches and active outdoor lifestyle. Residents and visitors enjoy easy access to the nearby Bandshell for live events, community gatherings at the Center, and sports facilities including volleyball and tennis courts. The area seamlessly blends a relaxed beachfront atmosphere with bustling local eateries and shops, making it a sought-after destination for both day trips and extended stays.

Walkability & Lifestyle

This location is highly walkable, putting dining, shopping, and recreational options right at your doorstep. Visitors and residents can enjoy casual strolls along the sandy beach or head to the nearby award-winning Mediterranean restaurant. The vibrant sidewalk café scene and nearby community center create a friendly, pedestrian-focused ambiance. Tennis courts, volleyball areas, and public parks all encourage active lifestyles within easy walking distance.

Things To Do Nearby

The area offers a rich variety of activities including beach lounging, volleyball, and tennis courts just across the street. The nearby Bandshell hosts numerous cultural events and live performances, while Ocean Terrace Park’s ongoing upgrades promise even more recreational options. Dining options include the on-site Mediterranean restaurant, complemented by additional eateries nearby. Waterfront strolls, community festivals, and access to park facilities create a dynamic local experience for visitors and residents alike.

Nearby Schools

Families residing or investing here will find North Beach offers convenient access to local educational institutions catering to various grade levels. The neighborhood’s walkability and community resources make daily logistics manageable. Parents appreciate the blend of residential comfort and proximity to a lively, safe environment for children to engage in outdoor activities and community programs, contributing positively to family life.

Why Buyers Like This Area

Buyers appreciate this oceanfront hotel’s combination of historic charm and modern amenities within Miami Beach’s sought-after North Beach area. Its prime location adjacent to parks, beaches, and community hubs fosters an engaging lifestyle that blends relaxation with activity. The inclusion of a fully renovated restaurant with a liquor license enhances its appeal for hospitality-focused buyers. This property offers a rare chance to own a versatile asset in a thriving beachside environment.

Investment Potential

Located in one of Miami Beach’s most desirable oceanfront locations, this condo hotel offers access to a year-round flow of visitors and locals enjoying the beach and park amenities. The presence of a fully licensed Mediterranean restaurant adds business appeal and attracts steady foot traffic. Proximity to recreational courts and ongoing park enhancements enhances the property's desirability. Cautious investors will recognize the unique position this property holds within a vibrant and evolving neighborhood.

Market Trends

Miami Beach continues to evolve as a top-tier destination for beachfront living and hospitality. Attention to improving public spaces, like the Ocean Terrace Park upgrades, reflects strong municipal support for enhancing neighborhood quality. Unique properties such as this art deco hotel are rare in today’s market, especially with integrated retail dining spaces. Demand remains robust for well-maintained oceanfront assets that offer lifestyle and location advantages.

Rental Income Potential

The combination of 39 condominium units and a licensed restaurant in a prime oceanfront setting naturally appeals to short-term and seasonal renters. Miami Beach’s popularity among tourists and locals during all seasons supports solid rental demand. The proximity to vibrant outdoor venues, sporting facilities, and cultural events encourages consistent occupancy, suitable for owners considering part rental use. This mix enhances the property’s attractiveness to a range of guests seeking beachfront convenience and dining options on-site.