About This Home

This 1-bedroom, 1-bathroom condo at 448 Ocean Dr in Miami Beach, FL is listed for $985,000 ($1,187 per sqft). Built in 2006, the home offers 830 sqft of living space on a N/A lot.

Key Features

  • Built in 2006
  • 3 stories
  • Waterfront

Property Details

3 stories
1 full
#303
2006

Amenities

WaterfrontViewHardwoodA/C
Listing 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.

Monthly Cost Estimate

$6,488/mo

20% down · 6.5% · 30 years

Principal$712
Interest$4,268
Insurance$287
HOA$1,220

Estimates only. Actual payments may vary.

Location

448 Ocean Dr

Miami Beach, FL 33139

OCEAN FIVE CONDO

Features & Amenities

Interior Features

Bedroom on Main LevelThird Floor Entry

Exterior Features

Balcony

Property Details

Flooring

HardwoodWoodTile

Construction

Block

Views

Ocean

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Appliances

Built-In OvenDryerDishwasherElectric RangeIce MakerMicrowaveRefrigeratorWasher

Questions & Answers

This 1-bedroom, 1-bathroom condo at 448 Ocean Dr is listed at $985,000 ($1,187/sqft). The estimated monthly payment is $6,488 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1220/month.

Key features include: Built in 2006, 3 stories, Waterfront. Interior Features: Bedroom on Main Level, Third Floor Entry. Exterior Features: Balcony.

This property is listed by Wesley Ulloa and can be reached at 3054878532.

WU

Wesley Ulloa

Agent at Luxe Properties

(305) 487-8532

Listed by Luxe Properties · View on Broker Site

MLS# A11973411· Source: listhub· Listed today

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

448 Ocean Dr, Miami Beach, FL 33139

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