ActiveMLS® A11987728

$2,299,000

448 Ocean Drive 302, Miami Beach, FL 33139

Beds: 2
Baths: 2
Sqft: 1,446

Est. payment$16,828/mo

Home type: Condominium
Year built: 2006
Lot size: —
Price / sqft: $1,590
HOA: $2,200/mo
Community: OCEAN FIVE CONDO

Property description

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.

Listing activity

Days on market: 214
Listed: Mar 23, 2026
MLS listing updated: Oct 16, 2026
Feed last checked: 7 minutes ago

Listed by Zarko Draskovic · London Foster Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Bathrooms (decimal): 2
Full bathrooms: 2
Half bathrooms: 0

Rooms & features

Rooms: 0
Interior features: Closet Cabinetry, Custom Mirrors, Elevator, High Ceilings, Walk-In Closet(s)
Flooring: Marble, Tile
Appliances: Electric Water Heater, Dishwasher, Dryer, Electric Range, Oven, Refrigerator

Heating & cooling

Heating: Electric
Cooling: Central Air

Property

Parking

Garage spaces: 1
Garage: Yes
Covered spaces: 1
Parking features: Valet
Attached garage: No

Exterior

Stories: 4
Building area: 1,446 sqft
Patio & porch: Porch - Wrap Around, Porch
Exterior features: Balcony, Lighting
Pool features: Private
View: Ocean, Water
Waterfront: None, Ocean Access, Ocean
Waterfront property: Yes

Construction

Type & style

Home type: Condominium
Year built: 2006
New construction: No

Materials

Construction: Block
Property condition: Resale

Utilities & green energy

Utilities

Electric: Circuit Breakers
Utilities: Cable Available

Community & HOA

Community

Subdivision: OCEAN FIVE CONDO
MLS area: 2420
Security: Closed Circuit Camera(s), Fire Alarm, Security Patrol, Security System, Smoke Detector(s)
Pets allowed: Pet Restrictions Possible, Yes
55+ community: No

Association

Has association: Yes
Association fee: $2,200 monthly
Estimated monthly dues: $2,200
Amenities: Maintenance, Pool, Elevator(s), Fitness Center, Jogging Path, Lobby, Management, Parking, Trash Chute
Services included: Cable TV, Common Areas, Elevator, Hot Water, Insurance, Maintenance Structure, Roof Repairs, Sewer, Trash

Lease details

Not reported by the listing source.

Location

Area details

City: Miami Beach
County: Miami-Dade
ZIP code: 33139

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11987728
Possession: Other
Original list price: $2,299,000
Parcel number: 0242033280050
Annual property tax: $18,588
Tax year: 2025
Tax legal description: OCEAN FIVE CONDO UNIT 302 UNDIV 8.0146% INT IN COMMON ELEMENTS OFF REC 25252-3226 COC 25354-0414 02 2007 1

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Pool, Elevator(s), Fitness Center, Jogging Path, Lobby, Management, Parking, Trash Chute
Association Fee Frequency: Monthly
Association Fee Includes: Cable TV, Common Areas, Elevator, Hot Water, Insurance, Maintenance Structure, Roof Repairs, Sewer, Trash
Association: Yes
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Building Area Total: 1446
Construction Materials: Block
County Or Parish: Miami-Dade
Days On Market: 214
Elementary School: Miami Beach South Pointe
High School: Miami Beach
List Price: 2299000
Listing Contract Date: 2026-03-23
Living Area: 1446
MLSArea Major: 2420
Middle Or Junior School: Miami Beach Nautilus
Mls Status: Active
On Market Date: 2026-03-23
Patio And Porch Features: Porch - Wrap Around, Porch
Photos Count: 23
Postal Code: 33139
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Closed Circuit Camera(s), Fire Alarm, Security Patrol, Security System, Smoke Detector(s)
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-03-23T04:00:00Z
Stories Total: 4
Subdivision Name: OCEAN FIVE CONDO
Waterfront Features: None, Ocean Access, Ocean
Tax Annual Amount: 18588
Bathrooms Full: 2
Bedrooms Total: 2
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 2200

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Mar 23, 2026	ListedMIAMI REALTORS® MLS	$2,299,000$1,590/sqft

Public tax history

Year	Property taxes	Assessment
2025	$18,588	—

Payment calculator

Estimated monthly payment$16,828/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $11,929
Property taxes: $1,549
Insurance: $1,150
Association dues: $2,200

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

OCEAN FIVE CONDO

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach South PointeElementary

—

Miami Beach NautilusMiddle

—

Miami BeachHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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