BreakThru Realty

Ocean Five Condos for Sale & Rent in Miami Beach

Ocean Five condos in Miami Beach, FL: 1 for sale from $2,299,000, rentals, recent sales, price per square foot and association fees from live MLS data, updated daily.

Ocean Five at a Glance

Address448 OCEAN DR
Year built2006
Units for sale1
Asking prices$2,299,000
Median asking price per sq ft$1,590/sq ft
Median association fee$934/mo
Units for rent0
Median asking rentn/a
Sold in the last 12 months3
Median sold price$710,000
Sale price as % of list89.8%
Leased in the last 12 months1
Median leased rent$5,000/mo
Median leased rent per sq ft$3.46/sq ft
Average days to lease0 days
Leased rent as % of asking90.9%
Water frontageOcean Access, Ocean Front
Pet policy (per listings)Yes, Pet Restrictions Possible

Source: BeachesMLS, every listing at the building's address; figures refresh daily. Not an appraisal.

About Ocean Five

Ocean Five is a boutique condominium building at 448 Ocean Drive in the South of Fifth neighborhood of Miami Beach. Its address is 448 Ocean Drive, built in 2006 according to the MLS. Listings describe its water frontage as ocean access, ocean front. This page gathers every unit the MLS shows at the building's address: the ones for sale, the rentals and the closings of the last twelve months.

Ocean Five Condos for Sale

1 unit is for sale at Ocean Five right now at $2,299,000, at a median $1,590 per square foot, with 2 bedrooms. The median association fee on these listings is $934 a month; what it covers differs by building, so confirm it for the unit.

Recent Sales and Rentals at Ocean Five

3 units closed in the last twelve months at a median $710,000 ($855 per square foot), at 89.8% of the asking price after 86 days on market. No unit is listed for rent right now; the association sets whether and how often units may be leased.

Before You Buy at Ocean Five

Florida requires milestone structural inspections and fully funded structural reserves for condominium buildings three stories and taller, so the building's inspection reports, its reserve study, the current budget and any special assessment matter as much as the unit. We also read the rules on leasing, pets, renovations and the association's approval process, and check the insurance and the flood zone, before you make an offer at Ocean Five.

Units for Sale at Ocean Five

Units for Rent at Ocean Five

No unit is listed for rent right now.

Recently Sold at Ocean Five

Own a Condo at Ocean Five?

A buyer working with BreakThru Realty may already be looking for a residence like yours. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Request a review of recent sales at Ocean Five, the competing listings in the building and your selling options, with no buyer named and nothing shared until you decide.

  • A value range built from comparable Ocean Five sales, with the reasoning
  • Whether a buyer already working with BreakThru Realty is looking for a property like yours
  • The plan that reaches the rest of the market if no buyer on file fits
  • An estimate of your selling costs and what you would keep after closing

Explore My Ocean Five Selling Options · Get My Miami Beach Home Value

Leased at Ocean Five in the Last 12 Months

What units at the building actually rented for: each closed lease with the rent it closed at, the days it took and how it compared with the asking rent. Rental portals show asking rents; these are achieved rents from BeachesMLS.

Ocean Five: Frequently Asked Questions

How much do condos at Ocean Five cost?
Units at Ocean Five are listed from $2,299,000 right now, a median $1,590 per square foot. Over the last twelve months units closed at a median $710,000. Floor, view and renovation drive the spread; these figures refresh daily from the MLS.
What are the association fees at Ocean Five?
The median association fee on current and recent listings at Ocean Five is $934 a month. Fees vary by unit size and what the association covers, and older buildings may add special assessments for inspections and repairs, so we confirm the fee, the budget and any assessment for the specific unit.
Can I rent out a unit at Ocean Five?
The Ocean Five association decides: most South Florida condominiums set a minimum lease term, limit how many times a year a unit may be leased and require tenant approval, and some require an owner to hold the unit for a period first. we read the current rules before you buy.
Are pets allowed at Ocean Five?
Listings at Ocean Five describe the pet policy as "Yes, Pet Restrictions Possible". Weight, breed and number limits are set by the association and can change, so we confirm the current rule for your pet before you offer or apply.
How do I see a unit at Ocean Five?
Request a showing from any listing on this page, or ask a BreakThru agent to arrange a private tour of the units for sale or for rent at Ocean Five. We also compare the building with similar Miami Beach condominiums so you can see the choice side by side.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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