448 Ocean Drive 303, Miami Beach, FL 33139

$985,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11973411

Virtual Tour

https://www.zillow.com/view-imx/280b4282-58cc-4f33-bfd4-0160cf5c1e5d?setAttribution=mls&wl=true&initialViewType=pano

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 830 Status: Active

Current Price: $985,000 List Date: 2/27/2026 Last Modified: 6/10/2026

Overview

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.

Listing Details MLS# A11973411

General Property Information

Unit Floor #: 3
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 830
Living Area Main: 830
Adjusted Area Main: 830
Year Built: 2006
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: Yes
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 3

Property Features

Application Information: Other Approvals Flooring: Tile; Wood Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Microwave; Oven; Refrigerator; Washer Construction Materials: Block; CBS Cooling: Central Air; Electric Association Type: Condominium Heating: Central; Electric Listing Terms: Cash; Conventional Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Other Restrictions Security Features: Other Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Water Access: Ocean Access; None Water View: Ocean Showing Requirements: Showing Service Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open

Contract Information

Comp Sale YN: No
Original List Price: 985000
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 448
Street Name: Ocean
Street Suffix: Drive
Unit Number: 303
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 6614
Postal Zip: 33139
Subdivision Name: OCEAN FIVE CONDO
Area: 2420
Elementary School: Miami Beach South Pointe
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Special Assessment YN: No
Parcel Number: 0242033280080
Subdivision Number: 328
Flood Zone: AE

Financial Information

Association YN: Yes
Association Fee: 1220
Association Fee Frequency: Monthly
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 10314
Tax Year: 2025
Tax Legal Description: OCEAN FIVE CONDO UNIT 303 UNDIV 4.6004% INT IN COMMON ELEMENTS OFF REC 25252-3226 COC 25354-0284 02 2007 1

Status Change Information

Major Change Timestamp: 2026-02-27T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-02-27

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Entry Information

Entry Level: 3

Parking Information

Open Parking Spaces: Yes

Price Calculations

Current Price To SqFt: 1186.74

Section Details

Parcel Number MLX: 0080

Originating Details

Originating System Key: 432140030
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

Other Approvals: Yes

Amenities

Pool: Yes

Flooring

Tile: Yes
Wood: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Special Information

Sold As-Is: Yes

Heating

Central: Yes
Electric: Yes

Water Access

Ocean Access: Yes
None: Yes

Water View

Ocean: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Ice Maker: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

Block: Yes
CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Other: Yes

Cooling

Central Air: Yes
Electric: Yes

Association Type

Condominium: Yes

Showing Requirements

Showing Service: Yes

Master Bedroom/Bath

Master Bdrm - Ground: Yes
Separate Shower: Yes

Pets Allowed YN

No: Yes

Restrictions

Other Restrictions: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Documents

structural report ›

Financial information ›

Bylaws and rules of the association ›

Articles of Incorporation of the Associa ›

condo declaration ›

Seller's Property Disclosure 448 Ocean- ›

pdf-448 Ocean Spec Sheet ›

pdf-Flyer - 448 Ocen Drive #303 ›

Listing Office: Luxe Properties

Last Updated: June - 10 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

448 Ocean Drive 303, Miami Beach, FL 33139 (MLS# A11973411)