OCEAN FIVE CONDO
448 Ocean Dr # 303, Miami Beach FL 33139
1 beds · 1 baths · 830 ft²
$985,000
Est. Payment $5,243/mo
1
Bedrooms
1
Bathrooms
830
Sq. Ft.
2006
Year Built
1
Garage
3
Stories
125
Days on Market
Description
Approved AirBnB on iconic Ocean Drive! This prime investment opportunity generates up to $90,000 annually through Air bnb and short-term rentals, fully furnished with very little vacancy. Beautiful 1-bedroom, 1-bath condo located in the highly desirable South of Fifth neighborhood at the boutique Ocean Five Condos. This inviting residence features a private balcony and an open, spacious kitchen perfect for both everyday living and entertaining. Enjoy the convenience of an in-unit washer and dryer, a luxurious spa-style shower, and a combination of wood and tile flooring throughout. Residents have access to a stunning rooftop pool with relaxing views, all just steps from the beautiful beach.
Facts
- MLS#
- A11973411
- Subdivision
- OCEAN FIVE CONDO
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 2006
- Lot Size
- 0 sqft
- Sq. Ft.
- 830 ft²
- Sq. Mt.
- 77 m²
- Price per sq. ft.
- $1,187/ft²
- Price per sq. mt.
- $12,792/m²
- Stories
- 3
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- 125 days
- Listed
- Feb 27, 2026
- Last Updated
- Jul 2, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
37
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 2/27/2026 | Listed for sale | $985,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Everglades High School9,10,11,12 · public · 0.2 mi
Glades Middle School6,7,8 · public · 0.6 mi
Dolphin Bay Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.9 mi
Silver Lakes Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.3 mi
Primrose School of MiramarPK,KG · private · 1.6 mi
Sunset Lakes Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.6 mi
Coral Cove Elementary SchoolPK,KG,1,2,3,4,5 · public · 2.0 mi
Silver Shores Elementary SchoolPK,KG,1,2,3,4,5 · public · 2.0 mi
City/Pembroke Pines Charter Middle School6,7,8 · charter · 2.2 mi
The Pembroke Pines FloridaKG,1,2,3,4,5 · charter · 2.3 mi
Estimated Monthly Payment
$6,213/mo
Principal & Interest
$5,243
Property Tax
$821
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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