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448 Ocean Dr # 302, Miami Beach FL 33139
About this home
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.
Features
- Lobby
- Closet Cabinetry
- Custom Mirrors
- Volume Ceilings
- Walk-In Closet(s)
- Open Balcony
- Ocean View
- Water View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $11,625
- HOA
- $2,200 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.