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448 Ocean Drive 302, Miami Beach, FL 33139
Active
105 Days on Market
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How this price compares

List price
$2,299,000
Price per sq ft
$1,590
Vs. nearby sales
174.6% above
Days on market
105

This 2-bedroom condo in ZIP 33139 is listed at $2,299,000, or $1,590 per square foot. It has been on the market for 105 days. The 6 most recent condo sales in the closings shown below sold at a median of $579 per square foot, so the asking price is 174.6% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,446
Living Sq Ft
2006
Year Built

Estimated monthly payment

$12,082 /mo

Principal and interest only, based on $459,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $2,200/mo HOA are not included.

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Listing Snapshot

Price
$2,299,000
Days on Site
105 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,446 sqft
Total Sq Ft
1,446 sqft
Year Built
2006
Property Type
Condo
MLS #
A11987728
Property Tax
$18,588 (2025)
HOA Fees
$2,200 / Monthly
Subdivision
OCEAN FIVE CONDO
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Located in the prestigious South of Fifth neighborhood of South Beach and walking-distance to the beach, this 2-BR/2-BA condo features panoramic views from rotunda with glass walls overlooking the Ocean, Art Deco District, Lummus Park. The only unit in the boutique building with 3 private terraces, boasting an oval shaped expansive sun-drenched living area, split floor plan, spacious balconies with wrap-around ocean views, and stainless-steel appliances with open gourmet kitchen/dining room, granite countertops. Luxury amenities including rooftop pool, fitness center, 24-hr valet, concierge, and more. Enjoy top South of Fifth restaurants, shops, galleries, and other glamorous attractions. Must see! Building allows daily rentals without restrictions. Great for investors.

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
2006
Property Condition
Resale
Number of Stories
4
Garage Spaces
1
Parking
Valet
Living Sq Ft
1,446
Total Sq Ft
1,446

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Oven / Refrigerator
Cooling
Central Air
Heating
Electric
Flooring
Marble / Tile
Interior Features
Closet Cabinetry / Elevator / High Ceilings / Custom Mirrors / Main Level Primary / Walk In Closets

Exterior Features

Construction
Block
Exterior Features
Balcony / Lighting / Outdoor Living Area
Private Pool
Yes
Pool Features
Private / Association
Patio & Porch
Open / Porch / Wrap Around / Balcony
Waterfront Features
None / Ocean Access / Ocean Front
View
Ocean / Water

Community & HOA

HOA Fee
$2,200 / Monthly
HOA Includes
Common Areas / Cable Tv / Hot Water / Insurance / Maintenance Structure / Roof / Sewer / Trash
Association Amenities
Fitness Center / Maintenance Grounds / Management / Pool / Parking / Trails / Trash / Elevators
Security
Security System / Closed Circuit Cameras / Fire Alarm / Smoke Detectors / Security Guard
Utilities
Cable Available
Pets Allowed
Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
No Restrictions / Ok To Lease
MLS Area
2420

Schools

Elementary School
Miami Beach South Pointe
Middle School
Miami Beach Nautilus
High School
Miami Beach

Ocean Five Condo is an age-restricted 55+ community in Miami Beach, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $985,000 to $2,300,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Ocean Five and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
2
Median List Price
$1,642,000
Median $/Sq Ft
$1,388
Avg Days on Market
132
View all 2 homes for sale in Ocean Five →
How do I schedule a tour of 448 Ocean Drive 302, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 448 Ocean Drive 302, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 448 Ocean Drive 302, Miami Beach, FL 33139 still available?
448 Ocean Drive 302, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 105 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 448 Ocean Drive 302, Miami Beach, FL 33139?
With 20% down ($459,800) on the $2,299,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 448 Ocean Drive 302, Miami Beach, FL 33139 is about $12,082/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 448 Ocean Drive 302, Miami Beach, FL 33139?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 448 Ocean Drive 302, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 448 Ocean Drive 302, Miami Beach, FL 33139 have an HOA fee?
Yes: 448 Ocean Drive 302, Miami Beach, FL 33139 carries an HOA fee of about $2,200 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 448 Ocean Drive 302, Miami Beach, FL 33139?
448 Ocean Drive 302, Miami Beach, FL 33139 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 448 Ocean Drive 302, Miami Beach, FL 33139?
Often, yes. The right offer on 448 Ocean Drive 302, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of London Foster Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

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Listed by Zarko Draskovic, London Foster Realty

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