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Olsen Hotel Condo 7300 Ocean Ter 40 Unit Apartment Building $76,147,501 CAD ($1,903,688 CAD/Unit) Miami Beach, FL 33141
INVESTMENT HIGHLIGHTS
- The property is in the perfect location. Undergoing major City project upgrades & improvements to the Ocean Terrace Park area.
EXECUTIVE SUMMARY
Oceanfront Condo-Hotel in Miami Beach’s Prime Hotspot!
Fronting sandy beaches and clear unobstructed views of the ocean and North Beach Park. Just across from "Bandshell", Community Center, volleyball and tennis courts. Art Deco building with 39 condominium units in excellent condition plus retail restaurant on first floor. Undergoing major City project upgrades & improvements to the Ocean Terrace Park area. Unique opportunity, don't miss out, won't last!
Call Silvina with questions and for appointments: 201-334-7703
Fronting sandy beaches and clear unobstructed views of the ocean and North Beach Park. Just across from "Bandshell", Community Center, volleyball and tennis courts. Art Deco building with 39 condominium units in excellent condition plus retail restaurant on first floor. Undergoing major City project upgrades & improvements to the Ocean Terrace Park area. Unique opportunity, don't miss out, won't last!
Call Silvina with questions and for appointments: 201-334-7703
PROPERTY FACTS
| Price | $76,147,501 CAD | Building Class | C |
| Price Per Unit | $1,903,688 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 14,445 SF |
| Sale Condition | Redevelopment Project | Average Occupancy | 100% |
| No. Units | 40 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1940/2024 |
| Property Subtype | Apartment | Parking Ratio | 0.48/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM-1 - Residential, Multi-Family | ||
| Price | $76,147,501 CAD |
| Price Per Unit | $1,903,688 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 14,445 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1940/2024 |
| Parking Ratio | 0.48/1,000 SF |
| Zoning | RM-1 - Residential, Multi-Family |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 40 | - | - |
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (76)
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Olsen Hotel Condo | 7300 Ocean Ter
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