$985,000
448 Ocean Drive 303
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $985,000
- Price per sq ft
- $1,187
- Original price
- Unchanged
- Days on market
- 158
This 1-bedroom condo in ZIP 33139 is listed at $985,000, or $1,187 per square foot. It has been on the market for 158 days.
Estimated monthly payment
$5,177 /mo
Principal and interest only, based on $197,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,220/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $985,000
- Days on Site
- 158 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 830 sqft
- Total Sq Ft
- 830 sqft
- Year Built
- 2006
- Property Type
- Condo
- MLS #
- A11973411
- Property Tax
- $10,314 (2025)
- HOA Fees
- $1,220 / Monthly
- Subdivision
- OCEAN FIVE CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2006
- Property Condition
- Resale
- Number of Stories
- 3
- Garage Spaces
- 1
- Living Sq Ft
- 830
- Total Sq Ft
- 830
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Ice Maker / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Tile / Wood
- Interior Features
- Main Level Primary / Separate Shower
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- None / Ocean Access
- View
- Ocean
Community & HOA
- HOA Fee
- $1,220 / Monthly
- Association Amenities
- Pool
- Security
- Other
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2420
Schools
- Elementary School
- Miami Beach South Pointe
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
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
Frequently Asked Questions
- How do I schedule a tour of 448 Ocean Drive 303, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 448 Ocean Drive 303, 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 303, Miami Beach, FL 33139 still available?
- 448 Ocean Drive 303, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 158 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 303, Miami Beach, FL 33139?
- With 20% down ($197,000) on the $985,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 448 Ocean Drive 303, Miami Beach, FL 33139 is about $5,177/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 303, 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 303, 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 303, Miami Beach, FL 33139 have an HOA fee?
- Yes: 448 Ocean Drive 303, Miami Beach, FL 33139 carries an HOA fee of about $1,220 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 303, Miami Beach, FL 33139?
- 448 Ocean Drive 303, 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 303, Miami Beach, FL 33139?
- Often, yes. The right offer on 448 Ocean Drive 303, 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 Luxe Properties
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.
$985,000
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Listed by Wesley Ulloa, Luxe Properties
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Recent Sales
Recently sold homes in ZIP 33139
These are the last 6 recorded closings in ZIP 33139, with the price each home actually sold for rather than what it was listed at. They closed at a median of $679 per square foot. The most recent closed on October 4, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$329,000
Sold · October 4, 2026
1100 West Avenue 1606
0 bed · 1 bath · 477 sqft · $690/sqft
$56,000 under the asking price
Sold$215,000
Sold · October 2, 2026
740 Meridian Avenue 17
1 bed · 1 bath · 426 sqft · $505/sqft
Sold$360,000
Sold · October 1, 2026
100 Lincoln Road 537
1 bed · 1 bath · 530 sqft · $679/sqft
$30,000 under the asking price
Sold$199,000
Sold · October 1, 2026
717 Espanola Way 205
0 bed · 1 bath · 414 sqft · $481/sqft
$18,700 under the asking price
Sold$415,000
Sold · September 30, 2026
401 Ocean Drive 403
1 bed · 1 bath · 659 sqft · $630/sqft
$20,000 under the asking price
Sold$1,135,000
Sold · September 30, 2026
400 S Pointe Drive 1905
2 bed · 2 bath · 1,042 sqft · $1,089/sqft
$115,000 under the asking price
See every recorded sale in ZIP 33139 or find out what your ZIP 33139 home is worth.
