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$2,299,000 Just Listed
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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.
Full Property Details
Full Property Details for 448 Ocean Dr #302
General
- Price: $2,299,000
- HOA FEE: $2,200/month
- Taxes: $18,588 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11987728
- Updated: 3/23/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Lobby, Closet Cabinetry, Custom Mirrors, Volume Ceilings, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Self-Cleaning Oven
- Flooring: Marble, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
Additional Information
- Shared Amenities: Bike/Jog Path, Elevator(s), Exercise Room, Exterior Lighting, Private Pool, Trash Chute
- Maint. Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Hot Water, Insurance, Manager, Parking, Roof Repairs, Sewer, Trash Removal
- Security/Safety: Fire Alarm, Smoke Detector, Lobby Secured, Security Patrol, TV Camera
- Equipment: Elevator
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony, Wrap Around
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Valet
Location
- Area: Ocean Five Condo
- County: Miami-Dade County
- Subdivision: OCEAN FIVE CONDO
- Building Name: OCEAN FIVE CONDO
Community
- Community Name: Ocean Five Condo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo-Hotel, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Windows: High Impact Windows
- Doors: High Impact Doors
- Entry Floor Number: 3
- Building Size: 1446
- Square Feet: 1,446
- Living Area: 1,446 Sq. Ft.
- Year Built: 2006
Lot Features
- Property View: Ocean View, Water View
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Access, Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $1,589.9
- Association Fee: $2,200
- Assoc Fee Freq.: Monthly
- Tax Amount: $18,588
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: OCEAN FIVE CONDO UNIT 302 UNDIV 8.0146% INT IN COMMON ELEMENTS OFF REC 25252-3226 COC 25354-0414 02 2007 1
- Restrictions: No Restrictions, Ok To Lease
- Inclusions: None
- Property ID: 02-42-03-328-0050
Listed by London Foster Realty
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Schools
Schools serving 448 Ocean Dr #302
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 0.4 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.8 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 448 Ocean Dr #302
Date
Details
Price
Change
Source
3/23/2026
Listed
$2,299,000
131.64%
MLS
2/05/2007
Sold
$992,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 448 Ocean Dr #302
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,363
—
$1,032,142
—
2024
$19,395
-1%
$1,032,142
—
2023
$19,504
4%
$1,032,142
3%
2022
$18,828
-3%
$1,002,080
—
2021
$19,348
—
$1,002,078
—
2019
$19,419
4%
$1,002,078
1%
2018
$18,677
5%
$988,267
-1%
2017
$17,834
6%
$1,002,078
23%
2016
$16,872
3%
$816,750
10%
2015
$16,323
19%
$742,500
10%
2014
$13,714
1%
$675,000
1%
2013
$13,615
—
$669,470
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 448 Ocean Dr #302
448 Ocean Dr #302, Miami Beach, FL 33139 (MLS# A11987728) is a Condo property with 2 bedrooms and 2 full bathrooms. 448 Ocean Dr #302 is currently listed for $2,299,000 and was received on March 23, 2026. Want to learn more about 448 Ocean Dr #302? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

