448 Ocean Drive, Unit 302

Miami Beach, FL 33139

$2,198,000
Price
2
Beds
2
Baths
1,446 Sq. Ft.
$1,520 / Sq. Ft.
1,446
Sq. Ft.
$1,520
per Sq. Ft.

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...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.
  1. Listed by Zarko Draskovic • London Foster Realty

Property Details for 448 Ocean Drive, Unit 302

Subdivision
OCEAN FIVE CONDO
Complex Name
OCEAN FIVE CONDO
Style
Condo-Hotel
Waterfront
Yes
Waterfront Description
Ocean Access, Ocean Front
View
Ocean View, Water View
Unit View
Ocean View, Water View
Area
42

Location

Listing Courtesy of London Foster Realty
Add your commute
LISTING UPDATED: 02/27/2024 11:48 AM

Property Details for 448 Ocean Drive, Unit 302

StatusActive
MLS #A11353304
Days on Market416
Taxes$18,828 / year
HOA Fees$1,700 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built2006
CountyMiami-Dade County

Building

Ocean Five

5 StoriesBuilt in 2006

Location

Listing Courtesy of London Foster Realty
Add your commute

Building Information for 448 Ocean Drive, Unit 302

Building/ComplexOcean FiveFloor3Stories5Residences-Pet Policy-Year Built2006

Payment Calculator

$15,264 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,995

Property Taxes

$1,569

HOA Dues

$1,700

The Payment Calculator is for illustrative purposes only.

Property Information for 448 Ocean Drive, Unit 302

Location Information
Location Information
  • Parcel Number Free Text: 02-42-03-328-0050
  • Parcel Number MLX: 0050
  • MLS Area: 42
  • Municipal Code: 2
  • Township Range: 42
  • Section: 3
  • Subdivision Number: 328
  • Subdivision Complex Bldg: OCEAN FIVE CONDO
  • Unit Floor Location: 3
  • Total Floors In Building: 4
General Information
Parking
  • Num Garage Spaces: 1
  • Parking Description: 1 Space, Valet Parking
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Minimum Num of Days for Lease: 1
  • Num Times Leased Year: 365
  • Type of Governing Bodies: Condominium
  • Unit Design: Corner Unit, Lobby
  • Water Access: None
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Flooring: Marble Floors, Tile Floors
  • Floor Description: Marble Floors, Tile Floors
  • Security Information: Lobby Secured, Security Patrol, TV Camera
Room Information
Room Information
  • Bedroom Description: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
Additional Property Information
Utilities
  • Heating Description: Electric Heat
  • Cooling Description: Central Cooling
  • Cable Available: Yes
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: Restrictions Or Possible Restrictions
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: Closet Cabinetry, Custom Mirrors, Volume Ceilings, Walk-In Closets
  • Equipment Appliances: Circuit Breaker, Dishwasher, Dryer, Electric Water Heater, Elevator, Fire Alarm, Electric Range, Refrigerator, Self Cleaning Oven, Smoke Detector
  • Windows Treatment: High Impact Windows
  • Exterior Features: High Impact Doors, Open Balcony, Wraparound Porch
  • Maintenance Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Hot Water, Insurance, Manager, Parking, Roof Repairs, Sewer, Trash Removal
  • Amenities: Bike/Jog Path, Elevator, Exercise Room, Exterior Lighting, Private Pool, Trash Chute
Financial Information
Financial Information
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2022
  • Tax Information: Tax Reflects No Homestead Tax
Rental Information
Rent Information
  • Approval Information: Other Approvals
Rent Status
  • Other Fees: $100

Property History for 448 Ocean Drive, Unit 302

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 448 Ocean Drive, Unit 302

Taxable ValueLand-Additions-Total-
Tax Record2023$19,504 ($1,625 / month)
Home Facts
Beds2Total Finished SqFt1,446 SqFtAbove Grade Finished SqFt1,446 SqFtStyleCondominiumYear Built2006Zoning6503:COMMERCICountyMIAMI-DADEAPN02-4203-328-0050

Schools near 448 Ocean Drive, Unit 302

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
South Pointe Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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448 Ocean Drive, Unit 302 is a condo for sale in Miami Beach, FL 33139. This property was listed for sale on March 7, 2023 by London Foster Realty, it's currently listed at $2,198,000. It has been on the market for a total of 416 days and was last sold on February 5, 2007. This listing's school district is Miami-Dade. Nearby schools include South Pointe Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 448 Ocean Drive, Unit 302 is a 2-bed, 2-bath, 1,446 sqft condo built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of London Foster Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.