448 Ocean Dr # 303, Miami Beach FL 33139 | Miami-Dade County | A11973411
  • $985,000

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.

Property Overview

This one-bedroom, one-bath condo at Ocean Five is 830 square feet and was built in 2006. The home features a private balcony, an open kitchen, in-unit laundry, and a spa-style shower, with wood and tile flooring throughout. The building provides a rooftop pool and is located on Ocean Drive in the South of Fifth neighborhood. The property is approved for short-term rentals. The monthly HOA fee is $1,220.

Frequently Asked Questions

Is this condo approved for short-term rentals like Airbnb?

Yes. The public listing states this is an 'Approved AirBnB' that generates rental income.

What is the monthly HOA fee and what does it cover?

The HOA fee is $1,220 per month. You should contact the association or property manager directly for a detailed breakdown of what amenities and services are covered.

What building amenities are available at Ocean Five?

Based on the public description, residents have access to a rooftop pool. For a complete list of all building amenities and rules, please request the condo documents.

What is the exact location and neighborhood?

The address is 448 Ocean Dr #303, Miami Beach, FL 33139. It is located in the South of Fifth neighborhood on Ocean Drive.

Is the condo furnished?

Yes, the public description states it is 'fully furnished'.

What features are included inside the unit itself?

The unit has a private balcony, an open kitchen, an in-unit washer and dryer, a spa-style shower, and wood and tile flooring. It is 830 square feet with 1 bedroom and 1 full bathroom.

Monthly Fees & Carrying Costs

Association Fee $1,220 / month
Total Monthly Fees $1,220 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami Beach listing?

Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.

  • Address: Ocean Dr
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33139
  • Area: OCEAN FIVE CONDO

Details

Updated on August 13, 2026 at 6:49 pm
  • Property ID A11973411
  • Price $985,000
  • Property Size 830 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Garage 1
  • Year Built 2006
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Tile, Wood
  • Waterfront Features Ocean Access
  • Bedroom Features At Least 1 Bedroom Ground Level, Primary Bath Shower
  • Cooling Central Air, Electric
  • Association Type Condo
  • Building Ocean Five
  • Association Fee Frequency Monthly
  • Area Ocean Five Condo
  • Annual Tax 10314
  • Association Yes
  • Elementary School South Pointe
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 1
  • Subdivision OCEAN FIVE CONDO
  • Total Stories 3
  • Restrictions Other Restrictions
  • Maintenance Includes Other Maintenance Includes
  • Amenities Pool
  • Parking 1 Space
  • Heating Central, Electric
  • Structure Type Condo 1-4 Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction, CBS Construction
  • Building Area 830
  • Covered Spaces 1
  • Middle School Nautilus
  • Unit Floor 3
  • View Ocean View
  • Year Built Details Resale
  • High School Miami Beach
  • Pets Allowed No
  • Attached Yes
  • Unit Number 303
  • Inclusions None
  • Half Bathrooms 0
  • Flood Zone AE
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 1
  • Style Condo 1-4 Stories
  • Association Fee 1220
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

Mortgage Calculator

Schedule a Tour

Tour Type

Contact Information

View Listings
Christopher Lazaro

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare