$985,000
CondominiumActive448 Ocean Dr # 303, Miami Beach FL 33139
MLS #A11973411About This Property
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.
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About Miami Beach
Miami Beach is a barrier island city defined by its Art Deco Historic District, oceanfront condos, and year-round tourist energy along Ocean Drive, Lincoln Road, and Collins Avenue. The neighborhood ranges from the party-forward South Beach to quieter mid-Beach and North Beach pockets, plus the Faena District's newer luxury development on 32nd-36th streets. The city draws international buyers and second-home owners who want walkable beach living with full urban amenities.
Property Details
Property Type
Condominium
Year Built
2006
Living Area
830 sq ft
Bedrooms
1
Bathrooms
1
Garage
1 Space
Pool
No
Waterfront
Yes
Cooling
Central Air, Electric
Heating
Central, Electric
Flooring
Tile, Wood
Construction
Concrete Block Construction, CBS Construction
HOA Fee
$1,220 / Monthly
Annual Taxes
$10,314 (2025)
Days on Market
35
MLS #
A11973411
Features & Amenities
Interior
Appliances
Exterior
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes in Miami Beach
Location
City
Miami Beach
State
FL
ZIP Code
33139
County
Miami-Dade County
Listing provided by Wesley Ulloa at Luxe Properties. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A11973411.