Olsen Hotel Condo is a small condominium community located at 7300 Ocean Terrace in the North Beach area of Miami Beach, Florida 33141. Built in 1940, this 3-story building contains approximately 39-40 units, primarily studios, and offers direct oceanfront access. It operates as a condominium association under Florida law, with governance provided by a three-member Board of Directors elected by unit owners.
HOA Fees and Financial Obligations HOA fees for units in Olsen Hotel Condo are approximately $219 to $250 per month based on recent listings. These fees typically cover common area maintenance, building insurance, and reserves. As a condo-hotel style property, owners should review the specific budget, reserve funding, and any special assessments through the association. Pet restrictions apply and require direct contact with the association.
Rules and Regulations The association enforces governing documents for maintenance of common areas, building standards, and compliance with Florida DBPR requirements. Rental of units is permitted, though specific restrictions should be confirmed directly. Security and parking are available. The board oversees upkeep, financial transparency, and owner access to records.
Community Amenities and Lifestyle Residents enjoy immediate beach access, proximity to the oceanfront boardwalk for walking and biking, ocean and city views, and a serene North Beach location. The community emphasizes safety and a welcoming environment with on-site parking and security features.
Notable Aspects As a historic 1940s building in a pedestrian-friendly corridor, Olsen Hotel Condo provides a boutique living experience with beachfront convenience. The association maintains compliance and property values through dedicated board oversight.
Management Company: New Wave Accounting & Management Inc. (Registered Agent) Phone: Details not publicly available Email: Details not publicly available Website: https://www.olsenhotelcondo.com/ Address: 7300 Ocean Terrace, Miami Beach, FL 33141 Association: Olsen Hotel Condominium Association, Inc.